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Section 500.309 Immediate Vesting for SES Employees


           Senior Executive Service (SES) level employees employed with Augusta, Georgia as of the effective date
           of this policy and hire thereafter shall be 100% vested in their normal retirement benefit immediately upon
           becoming a participant in Augusta, Georgia pension plan.

           Section 500.310 SES Group Member Affected by Reduction in Work Force

           If  a  SES  Group  member  1)  is  involuntarily  separated  from  employment  with  Augusta,  Georgia  in
           accordance with reduction in force guidelines approved by the Augusta, Georgia Board of Commissioners;
           2) is vested in a normal retirement benefit under the terms of this Plan at the time of said separation; 3) is
           involuntarily separated in accordance with reduction in force guidelines that remain in effect at the time of
           the SES Group members separation; and 4) has executed any and all waiver agreements or releases required
           by Augusta, Georgia in connection with said reduction in force, then the SES Group member shall be
           credited with an additional five (5) years of Credited Service under the Augusta, Georgia pension plan
           solely for purposes of computing the amount of any retirement or death benefit payable to or on behalf
           under the terms of the pension plan.  Said Credited Service shall not be counted for purposes of meeting the
           minimum service requirements for vesting or retirement or death benefit eligibility under the pension plan.

           Section 500.311  SES Group Severance Pay


           Any SES employee who is terminated without cause, by vote of the Commission, and executes as release
           of claims as required and approved by the Human Resources Director, shall receive severance pay,
           pursuant to the Administrator’s approval, as follows:

               1.  SES  Groups  I-III  shall  be  eligible  for  one  (1)  month  of  severance  pay  during  the  first  year  of
                  employment and an additional month of severance pay for each additional year worked in a SES
                  position, not to exceed a maximum of six months of continued pay.
                         1.1 Employment time serving in a non-SES position will not be credited for prior years of
                            service under this policy if subsequently promoted to a SES position.
                         1.2 This policy will not void any contracted agreement.
                         1.3 This policy applies only to the employees serving in the SES level positions

               2.  SES  Group  IV  shall  be  eligible  for  three  (3)  months  severance  pay  during  the  first  year  of
                  employment as a SES Group IV employee and an additional month of severance for each additional
                  year worked as a SES level IV employee not to exceed a maximum of three (3) additional months
                  of continued pay (for a total not to exceed 6 months).
                         2.1 Employees that previously served in a non-SES Group IV positions will not be credited
                             for prior years of service in non-SES Group IV positions.
                         2.2 This policy will not void any contracted agreement.
                         2.3 This policy applies only to the employees serving in SES Group IV positions.







           Section 500.312 Notice of Resignation Required for SES Employees

               All Rights Reserved – As approved by the Commission on 05-07-2019                   85 | P a g e
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