Title
TO AUTHORIZE THE CREATION OF AN EARLY RETIREMENT INCENTIVE PLAN WITH THE PUBLIC EMPLOYEES RETIREMENT SYSTEM FOR THE DEPARTMENT OF PUBLIC SERVICES; AND TO DECLARE AN EMERGENCY.
Version
ils/dj
Body
WHEREAS, the City has decided to consider an early retirement incentive plan for employees of the City of Gahanna Department of Public Services; and
WHEREAS, this plan will begin on January 1, 2011 and this legislation is the first step of several that need to be taken to implement the plan; and
WHEREAS, for the orderly and timely flow in transitioning employees that may wish to take advantage of this program within the Department of Public Services, it is imperative to move forward with this ordinance immediately, and all for the preservation of the public peace, property, health, safety and welfare;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That this Council hereby creates an Early Retirement Incentive Plan, said plan as outlined in EXHIBIT A attached hereto.
Section 2. That completion of the Ohio Public Employees Retirement System Early Retirement Incentive Plan Employee and Employer's Agreement (Form F-111C) shall be accepted as the employee's letter of resignation.
Section 3. That, for the reasons set forth in the preamble hereinabove, this ordinance is declared emergency legislation and shall be in full force and effect after passage by this Council and on date of signature approval by the Mayor.