§ 20.420. Definitions.

Accrued sick leave: Sick leave credit earned and not used pursuant to civil service commission rules, a collective bargaining agreement, a compensation plan for appointed personnel, or a compensation plan for non-represented personnel.

Accrued vacation leave: Vacation leave credit earned and not used pursuant to civil service commission rules, a collective bargaining agreement, a compensation plan for appointed personnel, or a compensation plan for non-represented personnel.

Annual salary adjustment: The across the board salary adjustment granted by council excluding any step, longevity or other adjustment.

Eligible employee: Eligible employees are all regularly appointed and non-represented employees of the city and all regularly appointed and non-represented employees of the city's independent boards and commissions which have adopted this plan by resolution and whose employees receive paychecks processed by the city and who meet the contribution requirements of section 20.440.

Health care savings plan: The Minnesota Post Retirement Health Care Savings Plan established under Minnesota Statutes, Section 352.98 and outlined in the Minnesota State Retirement System's Trust and Plan documents.

Retirement: For the purposes of this health care savings plan ordinance, retirement shall mean employees leaving the employ of the city under one of the following situations:

(1)

The employees have no less than twenty (20) years of service as computed for retirement purposes, or

(2)

The employees have reached sixty (60) years of age, or

(3)

The employees are required to retire earlier because of either disability, or

(4)

The employees have reached mandatory retirement age. (Code 1960, As Amend., § 554.010; 2001-Or-061, § 1, 5-18-01; 2003-Or-046, § 2, 4-4-03)