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104.03 Benefits: (Section R) R. Leave of Absence Without Pay: Upon request of an employee, leave of absence without pay may be granted by the City Manager. Such leave of absence shall not exceed a period of twelve (12) weeks and, if applicable, shall be taken simultaneously with any leaves mandated by law, such as the Family and Medical Leave Act. Prior to requesting leave under this Section, an employee must first exhaust all accrued paid leave. The leave may be extended beyond twelve (12) weeks to a maximum of one year by the City Manager. No vacation or sick leave benefits shall accrue during a period of leave of absence without pay. A leave of absence without pay will be considered a break in service for purposes of computing service credit if it exceeds twelve (12) weeks. 104.03 Benefits (Section T) T. Severance Pay: Severance pay shall be paid to the following City employees who terminate their employment: Retirement: Regular, full-time employees who meet the eligibility requirements for receipt of a pension pursuant to the Public Employee Retirement Association statute, Minnesota Statute chapter 353, with ten (10) or more years of service with the city who terminate their employment because of retirement. Reduction of City Employment or Change in Municipal Operations: Regular, full-time employees with ten (10) or more years of service with the City who terminate their employment because of reduction of City employment or change in City operations. Death of Employee: Regular full-time employees, with ten (10) or more years of service with the City, who die before they terminate their employment shall have severance pay as calculated in this Section paid to their named beneficiary or their estate if they fail to name a beneficiary . The severance pay shall be in an amount which equals fifty percent (50%) of said employee's accumulated sick leave, but in no event shall such severance pay exceed the equivalent of 320 hours at the employee's wage rate at the time of such separation. SECTION 4. Chapter 104.04 of the Roseville City Code is amended as follows: 104.04 Compensation: (Section D) D. Overtime Pay: Employees who are eligible for overtime under the guidelines of the Fair Labor Standards Act (FLSA) will be compensated at the rate of time and one-half for all hours worked in excess of 40 hours per week. This compensation will take the form of either time and one-half payor, where permitted by the Fair Labor Standards Act, compensatory time. Compensatory time is paid time off at the rate of one and one-half hours off for each hour of overtime worked.