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265178 WHI7E - CITY CIERK ��5�,78 PINK - FINANCE CANARY� DEPARTMENT GITY OF SAINT � PAITL F le ci1N0. BLUE - MAVOR " ou cil Resolution Presented By Re e d To Committee: Date Out of Committee By Date RESOLVED, that the Council of the City of Saint Paul hereby approves : "A bill for an act relating to severance pay for employees of cities , townships and school districts ; providing for certain limitations on such payments ; amending Minnesota Statutes 1974, Section 465.72. " and recommends the same to the Ramsey County 5enate and House delegations . COUIVCILMEIV Requested by Department of: Yeas Nays Christensen Hozza In Favor be� � Rcedler A gai n st BY Sylvester Tedesco President Hunt Adopted by Council: Date � j 3 �� Form App by City Attorney Certified P ed y Council Secretary BY / By Appr d by Mayo : Date 4 Approved by Mayor for Submission to Council By �� I�►R a 2 Ts75 �����5 � Rev. 3�10�75 City of St. Paul Bill No. A bill for an act relating to severance pay for employees of cities , townships and sehool districts ; providing for certain limitations on such payments ; amending Minriesoia Statutes 19?4, Section 465. 72. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Minnesota Statutes 1974, _ Section 465 .72, is amended to read: 465. 72 �EVERANCE PAY_7 ��es��-as-�s�-e��e���se-�e ��a���e�-��-�ewe-�9��;-ene��e�-��9;-a�-a�e��e�; All counties , cities , home rule charter cities , ����sges;-�e�e�g�s; townships and school districts are hereby authorized and empowered to pay severance pay to all of its employees and to establish, prescribe and promulgate provisions , rules and regula-tions for the payment of such severance pay upon leaving employment prior to the normal retirement date . Such severance pay shall be excluded from retirement deductions and from any calculations in retirement benefits , and shall be paid over a period not to exceed five years from termination of employment . In the event that a terminated employee dies before all or a � portion of the severance pay has been disbursed, that balance due shall be paid to a named beneficiary or, lacking same , to the deceased' s estate . In no event shall se verance pay ��a���e� exceed 100 days ' pay or �4� 000, whiehever is �reater, for an employee leaving employment e�e�e�-e�-a�a���-e����s�e�� �e-�99-�s�s-�s�. No limitations shall be imposed o�her than workin� days in determinin� maximum severance pay unless 100 i�orkin� davs is established as maximum for severance , _ 1 ! f � � . �'����� _ Rev. 3�10�75 Bill No. in which event �4,000 will be �the maximum if 100 working davs ' pay is less than �4,000. Sec . 2. This act is effective as of Janua�v 1, _1974.