Subject: 9978/Code/2-151(h)/BuyBack of Personal Leave Date: Mon, 27 Feb 1989 12:20:00 -0500 ORDINANCE NO. 9978 AN ORDINANCE TO AMEND CHATTANOOGA CITY CODE, PART II, BY ADDING A NEW SECTION 2-151(h), RELATIVE TO PURCHASING PERSONAL LEAVE TIME FROM EMPLOYEES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE: SECTION 1. That Chattanooga City Code, Part II, be and is hereby amended by adding thereto a new Section 2-151(h) as follows: Sec. 2-151. Personal Leave. * * * * * * * * * * (h) Buy-back of personal leave. Upon application of an employee, the City of Chattanooga may purchase back from its employees personal leave which they have accrued, but only under the following circumstances and conditions which must be agreed to by each employee seeking to sell the leave: 1. No more than sixty (60) days of leave will be purchased from any employee during his/her lifetime; 2. The City will pay to the employee seventy percent (70%) of the employee's daily salary for each day of leave sold back to the City by the employee; 3. The employee agrees in writing that the cap on the amount of days that employee is entitled to accumulate over his/her career will be reduced on a day-for-day basis for the number of days the City is purchasing; 0C 4. The City will not purchase any days which would lower the employee's total accumulated leave below thirty (30) days; 5. The practice of buying back leave will be subject to the availability of funds to do so at the time of the request, the determination of which availability will be at the sole discretion of the city administration; and 6. Funds realized by employees from the sale of leave will be excluded from pension-eligible earnings. SECTION 2. That this ordinance shall be effective two (2) weeks from and after its passage as provided by law. PASSED on Third and Final Reading November 16, 1993. s/s_________________________________ CHAIRPERSON APPROVED: X DISAPPROVED: _______ DATE: November 17, 1993. s/s_________________________________ RLN:cjc MAYOR