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NOVEMBER 22, 2011 11-534 RESOLUTION
(CARRIED__7-0______LOST________LAID OVER________WITHDRAWN________)
PURPOSE: APPROVE RETIREMENT PLANNING INCENTIVE PROGAM FOR
2011-2012
INITIATED BY: CITY ADMINISTRATION
WHEREAS, city administration has been made aware that a number of employees
may be considering retirement within the next calendar year; and
WHEREAS, it is important for the City to be able to plan for retirements and filling
those anticipated vacancies within the organization.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the City Manager is hereby authorized to offer a payment of $1000 per full-
time employee or a payment of $500 per regular part time employee with their final check
to employees who:
are WRS eligible; and
will have been employed with the City of Oshkosh for at least ten (10) years
upon their date of retirement; and
on or before October 1, 2012, gives at least eight (8) weeks formal notice to
the City of their intent to retire on an immediate WRS annuity between the
date of passage of this resolution and December 31, 2012.
BE IT FURTHER RESOLVED that the City Manager and appropriate city staff are
hereby authorized to take any and all actions reasonable and/or necessary to implement
this resolution.