2014-01-08 Handouts @ Work Session

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AGREEMENT FOR PHASED RETIREMENT BETWEEN THE CITY OF HAM LAKE AND DORIS A. NIVALA This agreement is made and entered into this day of 013 by and between the City of Ham Lake and Doris A. Nivala: WHEREAS, under legislation passed in 2010, PERA's normal termination requirements and earning limits are waived for employees who are PERA Coordinated members age 62 and over and wish to ease into retirement; and, WHEREAS, the impetus for the legislation is in recognition that many Minnesota public employees are baby boomers preparing to retire in the near future, leaving a significant gap in experienced, knowledgeable employees in critical positions; and, WHEREAS, the position of City Administrator is a critical position for the City of Ham Lake and the City will prepare a Succession Plan to reassign job duties and transfer knowledge for this transition period; and WHEREAS, the new legislation providing for "phased retirement" for this critical position make it financially and administratively feasible to consider a succession plan; and WHEREAS, Doris Nivala qualifies for phased retirement in accordance with legislation and the rules of PERA and is hereby requesting approval of a phased retirement in order to assist the City with a smooth transition; and NOW, THEREFORE, BE IT RESOLVED that the parties mutually agree: 1. The duration of phased retirement is for one year commencing January 1, 2014. 2. Doris Nivala will work a maximum of 20 hours per week or 40 hours per pay period, with the schedule of hours worked left to her discretion, at her current hourly rate of pay. 3. Doris Nivala will be entitled to the following: A. Vacation and sick time earned on a pro -rated basis with maximum accruals based on 20+ years of full -time service. B. Salary increase on January 1, 2014 at the same rate as other employees. C. Flex contribution and holiday pay earned on a pro -rated basis.