HomeMy WebLinkAboutResolution 83-1995 RESOLUTION NO. 83-95
ESTABLISHING GUIDELINES FOR EMPLOYEE RETIREMENT RECOGNITION
FULL-TIIvIE EMPLOYEES:
WHEREAS,the City of Brookings wishes to recognize those individuals who devote all or a large part of their
��orking carcer to tl�e service of the citizens of Brookings. Therefore, it is appropriate that those individuals who are
retiring from service sl�ould receive a gift of maie}�, the total of whieh would be calculated using the following faetors
which are based on years of service. -
1 - 10 years of service $10.0U per year
1 I - 20 years of service $15.00 per year
21 and thereafter $20.00 per year
All employees who are eligible to begin receiving South Dakota Retirement System benefits at the time they leave
employrnent with the City of Brookings will be awarded a retirement gift of money.
As an example:
• an eligible employee who retired�vith 10 years of service would receive $100.00($10 x 10 years).
• an eligible employee�vho retired�vitl. 1G}�ears of service would receive $190.00 (S10 x 10 years+�15 x 6 years)
� an eligible employee who retired�vith 30 years of sen�ice���ould receive $45U.00($10 x 10 years+�15 z 10�•ears+�20 x 10
years)
The decision of what kind of retirenient functio�►should be held for a retiring employee, be it within the department or a
city-wide function, wiil be decided by the he�.` ��f the department in«�hich the employee worked.
This policy only applies to full-time er.�plo�ees who are eligible for SDRS retircment benefits at the time of retirement and;
PUBLIC SAFETY VOLUNTEERS:
WHEREAS,the City of Brookings wishes to recognize those individuals«�ho donate their time in the service of the
safety of the citizens of thc City of Brookings. Therefore it is appropriate that tliose individuals who are leaving service
should receive a gift of money, the tota' of�vhich«•ould be calculated using the following factors which are based on years
of service.
10 years of service and thereafter $10.00 i,er year for each year o��er 10
Only Volunteer Firemen and Police Reserve Officers«�ith over ten}�ears of service will be eligible to receive the gift of
mone��.
As an example:
• an eligible volunteer�vith 12 years of service���ould receive$20.00($10 x 2)
• an eligible��olunteer with 20 years of service���ould receive$100.00($10 x 10)
• an eligible volunteer with 30 years of service�vould receive$200.00($10�20)
Retirement of Public Safety Volunteers will be recognized at a City Comnussion meeting and will be presentcci by the
Public Safety Corrunissioner and the department head.
BE IT RESOLVED that the Brookings City Commission hereby appr�,�ves the above guidelines.
Passed and approved tliis 2nd day of October, 1995.
�F BROO�.i
��y oa,;fo��s a}•or
1883 �
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RESOLUTION N0. 83-95
ESTA13L1SHING GUIDELINES FOR EMPLOYEE RI�TIREMENT RECOGNITION
I�ULL-TINIE EMPLOYEES:
WHEI2.EAS,the City of Brookiugs ���ishes to recognize those individuals���ho devote all or a large part of their
i•,ocking carcer to tl�e service of tl�e citizens of Brookings. Tlierefore, it is appropriate tl�at tl�ose individuals wl�o are
retiring from service should receive a gift of uioue}�, the total of��liicli�vould be c.�lculated using the follo���ing factors
�vhich are based oii years of service. -
1 - 10}�ears of service $10.00 per year
11 - 20 years of service $15.00 per year
21 and thereafter $2U.00 per}�ear
All employees «�ho are eligible to begin receiving South Dakota Retiremeut Sy�stem benefits at the time they leave
emplo��rnent�vith the City of Brookings will be awarded a retirement gift of money.
As an example:
• an eligible emplo}-ee�vlio retired�vitli 10 years of service�vould receive $100.00 ($10 Y 10 years).
• an eligible emplo}ee���ho retired���itl: 16}�ears of sen•ice�vould receive $19U.00 ($10 Y 10 years+$15 x G years)
• an eligible emplo}�ee�vlio retired n�itli 30}�ears otsen�ice t��ould recei��e $-�SU.UO ($10 a 10 years+$15 s 10�•cars+$2U x 10
years)
The decision of�i�hat kiiid of retireiuent fimctio�i should be held for a retiring eroployee, be it within the department or a
cit}�-wide function, �vill be decided by the l�ea ` �>f the department in«�l�ich the emplo5�ee worked.
This policy only applies to full-time er�plo�ees�vho are eligible for SDRS retirement benefits at the time of retirement and;
PUBLIC SAFET'Y VOLUNTEERS:
WHEREAS,the City of Brookings wisl�es to recognize tl�ose individuals���ho donate their time in the service of the
safety of the citizeiis of thc Cit}�of Brookings. Tlierefore it is appropriate tl�at tliose individuals who are leavu�g service
should receive a gift of moncy, the tota' of which�rould be calculated using the follo���ing factors which are based on years
of service.
10 years of sen�ice and thereafter $10.00,�er year for each year o��er 10
Only Voluirteer Firemen and Police Reserve Officers«�itl�over ten}�ears of service�vill be eligible to receive the gift of
mone��.
As an e�ample:
• an eligible�olunteer with 12 years of sen�ice��ould recei��e$20.OU($!0 x 2)
• au eligible��olunteer«�ith 20��ears uf service�vould recei��e$100.U0($10 x 10)
• an eligible��olunteer«�ith 30 years of service«�ould recei��e$200.U0 ($10 s 20)
Retirement of Public Safety Volunteers «-i11 be recognized at a City Commission meeting and will be presentc�l by the
Public Safety Corrunissiouer and the department head.
BE IT RESOLVED tl�at the Brookings City Commissia� liereby app�-�ves tlie above guidelines.
Passed and approved tl�is 2nd day of October, 1995.
�oF saoo�.i �-�
c;� �+�`�o�';Fo��s a}�or
T�I��� --_
1883 ?:
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� cer