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25J - AGMT - CM SEVERENCE
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01/15/2019
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25J - AGMT - CM SEVERENCE
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Last modified
1/10/2019 6:43:10 PM
Creation date
1/10/2019 6:34:48 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Human Resources
Item #
25J
Date
1/15/2019
Destruction Year
2024
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disclaims any liability to, or wrongful acts against, EMPLOYEE or any other person on the part <br />of said City and individuals. <br />4. EMPLOYEE agrees that he will not file any complaints, claims, charges, <br />grievances, or lawsuits at any time hereinafter with the City, with any governmental agency or <br />with any court arising out of his employment with and release from the City, provided, however, <br />he shall not be limited from pursuing claims or other enforcement activities for the sole purpose <br />of enforcing his rights under this Agreement. <br />5. CITY releases EMPLOYEE from employment and terminates the Employment <br />Agreement pursuant to the terms and conditions set forth in this Agreement. EMPLOYEE's last <br />day of employment shall be February 1, 2019 <br />6. In consideration of this Agreement, the City agrees to pay EMPLOYEE severance <br />pay and provide full benefits as set forth in the Employment Agreement and described in this <br />Paragraph. Severance pay shall be equal to twelve (12) months compensation at EMPLOYEE's <br />current annual compensation together with the value of PERS Health and self-insured vision and <br />dental ("Health Benefit") in the amounts currently provided by City to EMPLOYEE . These <br />amounts (Severance and Health Benefit) will be paid in a lump sum no later than February 1, 2019. <br />The City will not make contributions to the Public EMPLOYEE's Retirement System ("PERS") <br />on these severance payments, nor make any payments for long-term disability, life, or any other <br />insurance benefits, but EMPLOYEE shall receive a lump sum payment for the value of these <br />benefits for a (12) month period. This amount will be paid in a lump sum no later than February <br />25J-4 <br />
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