Sec. 14-244. - Same—Discharge benefit.
The combined value of any unused accumulated benefit days will be payable to the employee, or to the employee's beneficiaries in the event of the death of the employee, upon the discharge or death of the employee, in the following manner:
(1) Remaining frozen days, if any, will be payable at their per day value calculated as of August 31, 1985, as established under former section 14-225(a) of the City of Houston Code of Ordinances.
(2) Remaining days, if any, from each benefit year elapsed since the inception of this plan (September 1, 1985), will be paid at their per day value as established pursuant to section 14-243 of this Code.
(3) Remaining days, if any, from the benefit year in which the employee's employment with the city is discharged will be paid at the employee's daily average rate of base pay plus longevity during the benefit year of discharge, to be computed through the biweekly payroll period in which the discharge occurs in the same manner provided in section 14-243 of this Code.
(Ord. No. 2015-1300, § 2(Exh. A), 12-16-2015)