HomeMy WebLinkAboutCAO-07-014 - End of Mandatory Retirement~4
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Report To: Councillor B. Vrbanovic, Chair and Members of the Finance &
Corporate Services Committee
Date of Meeting: March 5, 2007
Submitted By: Ita Magid, Supervisor, Benefit Development
Prepared By: Ita Magid, Supervisor, Benefit Development
Ward(s~ Involved: N/A
Date of Report: February 22, 2007
Report No.: CAO-07-014
Subject: End of Mandatory Retirement
RECOMMENDATION:
"That notwithstanding Council's resolution of February 5, 2007, the recommendations contained
in Chief Administrator's Office Report CAO-07-002 (End of Mandatory Retirement} be deferred
to the April 2, 2007 Finance & Corporate Services Committee meeting, pending further review
by staff as to the feasibility of providing a spending plan similar to senior management for those
employees who choose to work beyond age 65."
REPORT:
Council's resolution of February 5, 2007 deferred the recommendations contained in Chief
Administrator's Office report CAO-07-002 to March 5, 2007. Due to Fire arbitration on that day,
the 2 principals from Human Resources are unable to attend and are requesting this issue be
deferred to April 2, 2007.
This deferral will not have a negative impact on any employees considering retirement during
this period.
Ita Magid, Supervisor of Benefit Development
Cc Carla Ladd
Doug Paterson
Lesley Bansen