Any sum that an employee may be entitled to receive as final liquidation for vacation leave, sick leave, or other accumulated bonuses that the Municipality owes the employee, shall be paid to the employee in six (6)-month installments during a period of years equivalent to the period that the employee would have needed to complete in order to retire under the Retirement System.
History —Dec. 31, 1998, No. 342, added as § 7 on Dec. 31, 1999, No. 370, § 4.