HomeMy WebLinkAboutResolution 5438
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RESOLUTION 5438
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
Resolution amending Personnel Manual to allow retirees to pay for health, dental and life
insurance premiums with severance funds, and allowing non-union employees to convert 65% of
accrued and unused sick leave to severance.
WHEREAS, certain State and Federal laws allow employees and their eligible family
members to continue purchasing insurance services through the City of Mounds View after the
employee leaves City employment, and
WHEREAS, City employees and the City Council would like to see union and non-union
employees treated in a manner that is fair and consistent, and
NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council does hereby
amend Section 4.350 (Separation Compensation-Sick Leave Severance) by adding the following
paragraph:
"Employees who have completed ten years of service and retire may elect, in lieu of
severance pay, to have the employer use sixty-five percent (65%) of the employee's
accrued and unused sick leave for the retiree's group health, dental and life insurance
premiums for as long as the funds are available up to the retiree's 65th birthday", and
Be it further resolved that the Mounds View City Council does also amend Section 4.1 OA
(COBRA) of the Personnel Manual by adding the following paragraph:
"Retiring employees who have health, dental and/or life insurance coverage at the time of
retirement, and who elect to have those same coverages during retirement under
COBRA, will be permitted to use severance funds (as entitled in Section 4.350) to pay for
health, dental, and/or life insurance premiums until such time as the employee's
severance funds are exhausted."
Adopted this 8th day of May, 2000.
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