Last
Updated 3-29-09
MCEA is awaiting a response from the City on our questions regarding
the ability and extent to which employees can divert payment from the
retirement and voluntary separation programs that are being offered
to a 401k deferred compensation program. MCEA has been pressing City
management for this information. Once MCEA has some definitive answers
the plan is to have a joint labor-management meeting with interested
employees.
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Retirement
Incentive and Voluntary Separation Programs
Important Information Below
Memo to MCEA
Members from Rose Law Firm, P.C.
Regarding Retirement Incentive and Voluntary Separation Programs [view]
City of Modesto Memos and Preview Forms
Memo from City
Manager, Greg Nyhoff regarding
Retirement and Voluntary Separation Incentive Programs for Eligible City
Employees [view]
Memo from Deputy
Director of Human Resources, Barbara Santos regarding
Retirement and Voluntary Separation Incentive Programs [view]
Letter of Separation/Retirement [view]
Retirement Incentive Program, Separation Agreement and Release of all Claims [view]
Voluntary Separation Program, Separation Agreement and Release of all Claims [view]
Employees Eligible for the Voluntary Separation Program by title and age [view]
Employees Not Eligible for the Voluntary Separation Program by title and age [view]
Employees Eligible for the Retirement Incentive Program by title and age [view]
Employees Not Eligible for the Retirement Incentive Program by title and age [view]
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Implementation Timeline
March
25 - April 10 - Employees review materials and sign and submit letter
of Separation/Retirement.
April 13 - April 20 - City Manager confirms eligibility and notifies
employees of approval/denial.
April 15 - May 11 - Approved employees attend meeting with Human
Resources and sign Agreement and Release
Separations/Retirements effective no later than June 1, 2009.
Information provided from Memo from City Manager, Greg Nyhoff as listed above.
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