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HomeMy WebLinkAboutCC RES 2012-29RESOLUTION NO. 2012 - 29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING RESOLUTION NO. 08-02 RETIREE SERVICE STIPEND PROGRAM FOR EMPLOYEES AND MEMBERS OF THE CITY COUNCIL. WHEREAS, The City's Labor Negotiator has met and conferred with the Palm Desert Employees Organization on the terms of a Memorandum of Understanding; WHEREAS, the parties met and consulted in the matter of revising the retiree health stipend program established in Resolution 08-02; and WHEREAS, this agreement changes the terms of the program adopted by Resolution 08-02 for employees who retire during the 2012 Voluntary Separation Incentive period adopted by the City Council in March 2012; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, as follows: ADD: SECTION II: Eligibility Employees and Members of the City Council who began their service prior to December 31, 2007: 8. Employees who elect to retire within the parameters of the City's 2012 Voluntary Separation Incentive Program may be credited with two years of additional service credit for the purpose of calculating eligibility. Such credit may be used for the purpose of meeting minimum service requirements and/or to increase the benefit available by 10%, up to a maximum 85% reimbursement. RESOLUTION NO. 2012- 29 SECTION IV: City Service Stipend Contributions b. Employees who elect to retire within the parameters of the City's 2012 Voluntary Separation Incentive Program (between March 22, 2012 and June 15, 2012) may receive up to a maximum of 85% reimbursement, based on years of service plus two (2) as follows: Years Served: Percentage of Premium a-0- 8 50% 44 9 55% 42 10 60% 4 11 65% 44 12 70% 45 13 75% 14 80% 15 or more 85% PASSED, APPROVED, AND ADOPTED this 10th day of May, 2012, by the City Council of the City of Palm Desert, California, by the following vote, to wit: AYES: BENSON, FINERTY, HARNIK, KROONEN, and SPIEGEL NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTEST' RACHELLE D. KLASSEN, CITY CLERK e51- ROBERT S. SPIEGEL, OR CITY OF PALM DESERT, CALIFORNIA Page2of2