Send your email right now about the City managers pay increase, carefully hidden in the agenda under item 57! ITEM 57 CITYWIDE ORDINANCE S-40700 - ENTER INTO AGREEMENT WITH CITY MANAGER Request to authorize the Mayor, on behalf of the City Council, to enter into an agreement with Ed Zuercher, City Manager, provided the terms and conditions specified in this ordinance are included in the agreement: — The agreement with the City Manager shall commence on February 19, 2014, and shall continue for an indefinite term as provided in the City Charter. — The City Manager shall receive an annual salary of $315,000 paid bi weekly. — The City Manager shall receive the same benefit package as executives and middle managers; provided however, the City Manager shall waive any right to reimbursement for his retirement contribution. — Compensation, for purposes of the City Managers pension, shall solely include the City Managers salary as may be amended by Council. The City Manager expressly waives the right to include other sources of compensation as part of his pension. — In consideration of the City Managers waiver of rights related to his pension, and in addition to any severance permitted by the Charter, the City Manager may sell back up to 20 percent of his accrued sick leave upon separation; provided however, this amount shall not be included in the City Managers pension. This item is recommended by Mr. Murphy and the Law Department. [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
Posted on: Wed, 02 Apr 2014 20:06:38 +0000
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