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Agreement with POA <br />June 29, 2009 <br />Page 2 of 2 <br />5) Furlough hours: Employees retiring by January 1, 2011 shall have the <br />option to receive scheduled salary increases and take equivalent <br />furlough hours to pay for them. <br />6) Layoffs: There shall be no layoff of members of this bargaining unit <br />during 2009-10. <br />FISCAL IMPACT <br />There is a $3,101,764 savings to the City for deferral of salary increases <br />and leave cash outs and an additional $900,000 associated with reductions <br />in overtime and salaries. <br />~` S <br />Kathie S. Gonzalez <br />Acting Executive Director <br />Personnel Services <br />25C-2 <br />