60A - AGREEMENT WITH THE FIREMEN'S BENEVOLENT ASSOCIATION

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CTO at the time of separation from City employment, or 2) if the amount of vacation leave transferring to OCFA on their behalf (from a combination of holiday and vacation leave) is less than 350 hours, the member can choose to convert any portion of their CTO to vacation which would not result in more than 350 hours of vacation leave being transferred to the OFCA, and be paid for the remaining amount, if any, at the time of separation. D. Sick Leave: Employees will be cashed out for 50% of the accrued sick leave to which they are entitled to a cash-out based on years of service per the current SAFBA Memorandum of Understanding. The remaining 50% of sick leave subject to cash-out will transfer to OCFA but will not be combined with the sick leave earned while at the OCFA and shall not be counted towards any maximum sick leave accrual cap that may be established by OCFA. Any accrued, unused sick leave that is not subject to cash out per the current SAFBA Memorandum of Understanding will be forfeited. E. With respect to the vacation and sick leave transferred to OCFA described in subsections a) through d), above, former SAFBA members will be required first to use their OCFA accrued vacation and sick leaves, respectively, before using the vacation or sick leave which transferred from the City. On April 14, 2017, or such earlier date if the former SAFBA member separates from OCFA, all remaining vacation and sick leave which transferred to OCFA from the City will be paid off by the City at the former SAFBA member's regular rate of pay as of April 20, 2012. With respect to any leave described in subsections a) through d) above which the City is paying off to employees as a result of the transition to OCFA, it will be paid to employees on the second payday following the transition date. If that date is April 20, 2012, it will be paid on May 20, 2012. F. Sick Leave for Employees with Less Than Ten (10) Years of City Service: SAFBA employees with less than ten (10) years of service as of April 20, 2012, have no sick leave with cash-out value. Accordingly, the City agrees that it will provide forty-eight (48) hours of sick leave for each such employee upon his or her employment with OCFA. The 48 hours of sick leave will be available to former SAFBA employees for three years from the effective date of the contracting of firefighting and related services with OCFA. Such sick leave may be used for non- occupational illness or injury for which the employee has no OCFA accrued sick leave balance available. Upon expiration of three years, any of this sick leave remaining will be forfeited. In addition, if any such employee separates from OCFA within the three years, such sick leave will have no cash value. 10. Fund 84: The Fund 84 balance (approximately $995,000) and SAFBA Loan (principal & interest of approximately $1,490,000) shall be disbursed to individual Retiree Health Savings Accounts pursuant to instructions provided to the City by SAFBA. Said disbursement shall be made on or about July 16, 2012. The City shall cease subsidy payments to retirees on a date designated by SAFBA, on or about July 16, 2012. The City agrees to continue to administer the subsidy payment program until the disbursement of funds on or about July 16, 2012. The SAFBA agrees to defend the City and hold the City 5 60A-9