HomeMy WebLinkAboutResolutionRESOLUTION 2011 —
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AMENDING THE VACATION ACCRUAL BENEFIT FOR EXECUTIVE
EMPLOYEES BY INSTITUTING AN ACCUMULATION CAP; AND
AMENDING THE VACATION "SELL -BACK" BENEFIT FOR MANAGEMENT
EMPLOYEES, ALLOWING FOR THE "SELL -BACK" OF ACCUMULATED
VACATION CREDITS SUBJECT TO THE APPROVAL OF THE CITY MANAGER
WHEREAS, the compensation plan currently in place for the Executive employee
group allows for the accrual of vacation credits with no maximum accumulation or cap; and
WHEREAS, the accumulation of vacation credits is carried as an unfunded
liability, which increases not only in numbers, but also in value or cost of those credits; and
WHEREAS, in an effort to reduce the City's unfunded liability, staff recommends
the establishment of an accumulation cap at a maximum of three times an Executive
employee's annual accrual, which is ten hours per month for the first ten years of service and
13.33 hours per month thereafter, effective January 1, 2012; and
WHEREAS, the compensation plan currently in place for the Management
employee group restricts the "sell -back" of vacation credits to 80 hours of accumulated vacation
credits per fiscal year; and
WHEREAS, to further reduce the City's unfunded liability, staff recommends
amending the vacation "sell -back" benefit to allow Management employees to "sell -back"
accumulated vacation credits at the discretion of the City Manager, consistent with the benefit
available to members of the Executive employee group.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City hereby amends the compensation plan by amending the vacation accrual benefit
for Executive employees by instituting an accumulation cap at a maximum of three times the
annual accrual rate.
BE IT FURTHER RESOLVED that the compensation plan is further amended by
amending the vacation "sell -back" benefit for the Management employee group, allowing the
"sell -back" of accumulated vacation credits subject to the approval of the City Manager.
PASSED and ADOPTED this 15th day of March, 2011.
Ron Morrison, Mayor
ATTEST: APPROVED AS TO FORM:
Michael R. Dalla, City Clerk
Claudia G. Silva
City Attorney