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HomeMy WebLinkAboutResignation Letter - N.DaileyPage 1 of 2 May 5, 2022 Nicole Dailey Dear Nicole: The City is in receipt of your resignation letter dated April 11, 2022. Per our discussion, your last day in the office will be Thursday, May 5, 2022 and your last day on payroll will be Friday, May 6, 2022. You will use a vacation day to cover May 6th. FINAL PAY Your final paycheck will be direct deposited on the next payroll check date of May 12, 2022.** This check will cover all time worked between April 23, 2022 and May 6, 2022. In accordance with City policy and relevant state law, you will also receive a payout of any accrued but unused CAL and Admin hours. **Note: Under Labor Code Section 220 (a provision of Labor Code section 201), the City of Lake Elsinore is exempt from the 72-hour final pay requirement. The City however must issue a final paycheck to the employee within a reasonable time and pursuant to policy and procedure. Labor Code Section 201 The Legislature enacted Labor Code section 201 to ensure that employers comply with the laws governing the payment of wages when an employment relationship ends. Section 201 provides for immediate, or depending on the circumstances, final payment of wages and benefits within 72 hours. Labor Code Section 220 Labor Code section 220(b) provides and exemption to municipal corporations, specifically section 220(b) provides: “Sections 200 to 211, inclusive, ad Sections 215 to 219, inclusive, do not apply to the payment of wages of employees directly employed by any county, incorporated city or town or other municipal corporation. All other employments are subject to these provisions.” Page 2 of 2 BENEFITS Health Insurance: Coverage will end June 30, 2022* Dental Insurance: Coverage will end May 31, 2022* Vision Insurance: Coverage will end May 31, 2022* Life Insurance: Coverage will end May 6, 2022 LTD Insurance: Coverage will end May 6, 2022 Colonial Insurance: Coverage will end May 6, 2022 Flex Medical: You will be able to seek reimbursement through December 31, 2022 for expenses incurred up through May 6, 2022. Mission Square Deferred Compensation: Your money will remain in this account until you transfer it to a new company, or you request disbursement. Mission Square Loan: You will need to reach out to Mission Square (800-669-7400 or log into your account) to set up payments from your bank account. CalPERS Retirement: See attached CalPERS information. * see attached COBRA notice regarding continuation coverage Return of Company Property All City property shall be returned May 5, 2022 unless otherwise discussed and agreed upon. 2022 TAX DOCUMENTS After separation from the City, Paychex still allows you access to all your current and future tax documents for up to 18 months. To access your 2022 documents next tax season, simply log in to Paychex the same way you do now. You may still receive mailed paper documents as well so if your address changes, please be sure to update that in Paychex. Sincerely, Jennifer Avina Senior Human Resources Analyst City of Lake Elsinore