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To amend and reordain ch. 22, art. VII of the City Code by adding therein a new section numbered 22-206, concerning a voluntary retirement incentive program, to be effective Jul. 1, 2019, for the purposes of providing for (i) the alternate computation of benefits in connection therewith and (ii) a limited period during which qualified members of the Richmond Retirement System's defined benefit and enhanced defined benefit plans shall be eligible to retire with a one-time incentive payment.
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THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That Chapter 22, Article VII of the Code of the City of Richmond (2015) be and is hereby amended and reordained by adding therein a new section numbered 22-206 as follows:
Sec. 22-206. Voluntary retirement incentive program.
(a) Definitions. For purposes of this section, the words and phrases set forth in this subsection shall have the meanings ascribed to them by this subsection unless the context clearly indicates that another meaning is intended:
(1) Day. "Day" means a calendar day.
(2) Deferment period. "Deferment period" means a period of time not exceeding 334 days determined in writing by the Chief Administrative Officer for each member whose services the Chief Administrative Officer determines to be essential pursuant to subsection (e) of this section.
All other words and phrases used in this section have the meanings ascribed to them by section 22-2 of this Code.
(b) Eligibility. Notwithstanding any provision of this chapter to the contrary, and subject to subsection (e) of this section, any general employee of the City, with the exception of any defined benefit or enhanced benefit plan member who is a sworn employee of the Department of Fire and Emergency Services or the Department of Police shall be entitled to voluntarily cease such employee's employment with the City in accordance with the voluntary retirement incentive program established by this section provided that, as of Ju...
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