Chapter 2.20
RETIREMENT BENEFITS
Sections:
2.20.010 Adopted.
The city of Hubbard, Marion County, Oregon, hereby adopts the provisions of ORS 237.153 with respect to all employees of the city of Hubbard and does hereby request the public employees retirement board to compensate all employees for accumulated unused sick leave, with pay, in the form of increased retirement benefits, upon service or disability retirement, by adding to the gross amount of salary used in determining the final average salary the monetary value of one-half of the accumulated unused sick leave, with pay, of each retiring employee, and to establish benefits of the retiring employee on the basis of the final average salary reflecting that addition. (Reso. 110-86 § 1, 1986)