Common use of Accrual and Procedures Clause in Contracts

Accrual and Procedures. Each regular full‐time employee of the City shall earn sick leave with pay at a rate of eight (8) hours for each full month of service. Unused sick leave may accumulate to a maximum of eight hundred (800) hours. Once a covered member has accumulated the maximum number of hours allowed, he/she shall receive a fifty percent (50%) payout for all hours earned over the allowable accumulation, up to a maximum of forty‐ eight (48) hours of pay per year. This conversion will apply only so long as the covered member maintains the maximum allowable sick leave accumulation and is an employee of the City at the time the payment is made in January of each year. The dollar value of such payout will be mandatorily applied to the covered member’s share of his/her health insurance premiums, subject to any applicable payroll taxation, with any remaining balance to be paid as taxable wages. Covered members that do not participate in the City’s health insurance plan shall have any applicable payout as taxable wages. Should the covered member leave employment for any reason, any funds not applied against health insurance premiums shall be paid as taxable wages. Should a fifty percent (50%) conversion application to insurance premiums become voluntary for other City employees in the future, the covered members of this Agreement shall also have this option on a voluntary basis.

Accrual and Procedures. Each regular full‐time full-time employee of the City shall earn sick leave with pay at a rate of eight (8) hours for each full month of service. Unused sick leave may accumulate to a maximum of eight hundred (800) hours. Once a covered member has accumulated the maximum number of hours allowed, he/she shall receive a fifty percent (50%) payout for all hours earned over the allowable accumulation, up to a maximum of forty‐ forty-eight (48) hours of pay per year. This conversion will apply only so long as the covered member maintains the maximum allowable sick leave accumulation and is an employee of the City at the time the payment is made in January of each year. The dollar value of such payout will be mandatorily applied to the covered member’s share of his/her health insurance premiums, subject to any applicable payroll taxation, with any remaining balance to be paid as taxable wages. Covered members that do not participate in the City’s health insurance plan shall have any applicable payout as taxable wages. Should the covered member leave employment for any reason, any funds not applied against health insurance premiums shall be paid as taxable wages. Should a fifty percent (50%) conversion application to insurance premiums become voluntary for other City employees in the future, the covered members of this Agreement shall also have this option on a voluntary basis.