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MEMORANDUM <br /> To: Mayor and City Council <br /> From: Ron Olson, Finance Director <br /> Date: February 23, 2010 <br /> Subject: Police Labor Contract� <br /> Once a police officer reaches the maximum sick leave accrual of 960 hours, they will no longer <br /> accrue sick leave. At the last work session, Chief Farniok suggested that for officers that have <br /> reached the maximum accrual that we offer to contribute a percentage the leave that they <br /> would normally have accrued into the officer's Post Employment Health Plan Account. <br /> Currently one officer is at the maximum. Another officer may reach the maximum in one year, <br /> with an additional officer reachin� it in two years. After that, it will be at least five years <br /> before any officers reach the maximum. <br /> In 2010 the cost of this proposal will be $1,600. In 2011 it will double to $3,200 and in 2012 it <br /> would be around $5,000. Most employees never reach the maximum accrual. <br />