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G-412 - 05/10/1988 - PERSONNEL RULES & REGS - Ordinances ORDINANCE NO. G- 412 AN ORDINANCE AMENDING SECTION 5 OF ARTICLE XII OF THE PERSONNEL RULES AND REGULATIONS OF THE VILLAGE OF OAK BROOK RELATING TO BONUS PAY UPON SEPARATION FROM VILLAGE SERVICE WHEREAS, the Village President and Board of Trustees have heretofore adopted Personnel Rules and Regulations codified as Appendix D to the Code of Ordinances of the Village of Oak Brook; and WHEREAS, Article XII, Section 5, thereof refers to bonus pay given to employees upon separation from service as "Longevity Pay"; and WHEREAS, amendment of said terminology is deemed necessary to clarify the one-time nature of such pay so as not to be included within the definition of salary under the provisions of the Illinois Pension Code, Chapter 108-1/2 of the Illinois Revised Statutes; NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: That the provisions of the preamble hereinabove set forth are hereby adopted as though fully set forth herein. Section 2: That Article XII, Section 5, of the Code of Ordinances of the ' Village of Oak Brook be and is hereby amended to read as follows: "Section 5. Retirement Bonus. Upon termination of employment in good standing, Village employees shall be awarded retirement bonus pay based upon years of seniority in the Village service according to the following requirements: 10-14 Years Service ............................ 30 Calendar Days Pay 15-19 Years Service ............................ 45 Calendar Days Pay 20 or More Years Service ........ ............... 60 Calendar Days Pay Employees terminated for cause are not eligible for retirement bonus pay. The above provisions shall not be applicable to any person initially employed by the Village subsequent to March 1, 1982." Section 3: That this Ordinance shall be in full force and effect from and after passage and approval pursuant to law. PASSED THIS 10th day of May 1988. Ayes: Trustees Bartecki, Bushy, Imrie, Rush and Winters Nays: None Absent: Trustee Maher APPROVED THIS 10th day of May 1988. f ff; - ATTEST: Village President 2r.72 Village Gl.erk ,u,cy- `�-/vc/ c.�c:C.' :. '_KGs✓•�rl��-c/ �.11G��t�/1t%'t'2_�.� Approved as o Form: U Viii r e Attorney I>xblished 5-11-88 Pamphlet form Data Paper ord.s••9 Not Published