Common use of - Accrued Sick Leave Separation Plan Clause in Contracts

- Accrued Sick Leave Separation Plan. Employees who separate from positions in the qualified service and who meet the requirements set forth in this article shall be paid in the manner and amount set forth herein. (a) Payment for accrued but unused sick leave shall be made only to separated former employees who: i. have separated from service; and ii. as of the date of separation had accrued sick leave credit of no less than sixty (60) days; and iii. as of the date of separation had: 1. no less than twenty (20) years of qualified service as computed for separation purposes, or 2. who have reached sixty years of age, or 3. who are required to separate early because of either disability or having reached mandatory retirement age. (b) When an employee having no less than sixty (60) days of accrued sick leave dies prior to separation, they shall be deemed to have separated because of disability at the time of death, and payment for their accrued sick leave shall be paid to the designated beneficiary as provided in this Section. (c) The amount payable to each employee qualified hereunder shall be one-half (½) the daily rate of pay for the position held by the employee on the day of separation, notwithstanding subsequent retroactive pay increases, for each day of accrued sick leave subject to a minimum of sixty (60) days. (d) The amount payable under this Section shall be paid in a lump sum following separation from employment but not more than sixty (60) days after the date of the employee's separation, provided however, that in the case of involuntary termination, this deposit shall occur only after final disposition is reached or all timelines to contest the discharge have expired, whichever is later. (e) If an employee entitled to payment under this Section dies prior to receiving the full amount of such benefit, the payment shall be made to the beneficiary entitled to the proceeds of his or her Minneapolis group life insurance policy or to the employee's estate if no beneficiary is listed. Section 17.01 General‌

- Accrued Sick Leave Separation Plan. Employees who separate from positions in the qualified service and who meet the requirements set forth in this article shall be paid in the manner and amount set forth herein. (a) A. Payment for accrued but unused sick leave shall be made only to separated former employees who: i. have separated from service; and : ii. as of the date of separation had accrued sick leave credit of no less than sixty (60) days; and iii. as of the date of separation had:and 1. no less than twenty (20) years of qualified service as computed for separation pension eligibility purposes, or 2. who have reached sixty years of age, or 3. who are required to separate early because of either disability or having reached mandatory retirement age. (b) B. When an employee having no less than sixty (60) days of accrued sick leave dies prior to separation, they the employee shall be deemed to have separated because of disability at the time of death, and payment for their accrued sick leave shall be paid to the designated beneficiary as provided in this Section. (c) C. The amount payable to each employee qualified hereunder shall be one-half (½) the daily rate of pay for the position held by the employee on the day of separation, notwithstanding subsequent retroactive pay increases, for each day of accrued sick leave subject to a minimum of sixty (60) days. (d) D. The amount payable under this Section shall be paid in a lump sum following separation from employment but not more than sixty deposited into the Health Care Savings Account (60MSRS) within thirty (30) days after of the date of the employee's separation, provided however, that in the case of involuntary termination, this deposit shall occur only after final disposition is reached or all timelines to contest the discharge have expired, whichever is later. (e) E. If an employee entitled to payment under this Section dies prior to receiving the full amount of such benefit, the payment shall be made to the beneficiary entitled to the proceeds of his or her Minneapolis IBEW Local 292 group life insurance policy or to the employee's estate if no beneficiary is listed. Section 17.01 General‌

- Accrued Sick Leave Separation Plan. Employees who separate from positions in the qualified service and who meet the requirements set forth in this article shall be paid in the manner and amount set forth hereinherein and in 1/8th day increments. (a) Payment for accrued but unused sick leave shall be made only to separated former employees who: i. have separated from service; and ii. as of the date of separation had accrued sick leave credit of no less than sixty (60) days; and iii. as of the date of separation had: 1. no less than twenty (20) years of qualified service as computed for separation purposes, or 2. who have reached sixty years of age, or 3. who are required to separate early because of either disability or having reached mandatory retirement agedisability. (b) When an employee having no less than sixty (60) days of accrued sick leave dies prior to separation, they shall be deemed to have separated because of disability at the time of death, and payment for their the employee’s accrued sick leave shall be paid to the designated beneficiary as provided in this Section. (c) The amount payable to each employee qualified hereunder shall be one-half (½) the daily rate of pay for the position held by the employee on the day of separation, notwithstanding subsequent retroactive pay increases, for each day of accrued sick leave subject to a minimum of sixty (60) days. (d) The amount payable under this Section shall be paid in a lump sum following separation from employment but not more than sixty (60) days after the date of the employee's separation, provided however, that in the case of involuntary termination, this deposit shall occur only after final disposition is reached or all timelines to contest the discharge have expired, whichever is later. (e) Effective September 1, 2016, and thereafter, 100% of the amount payable under this Section shall be deposited into the employee’s Post-Retirement Health Care Savings Plan, as established in Minn. Stat. §352.98 as administered by the Minnesota State Retirement System. This deposit shall occur within thirty (30) days of the date of retirement. (f) If an employee entitled to payment under this Section dies prior to receiving the full amount of such benefit, the payment shall be made to the beneficiary entitled to the proceeds of his or her Minneapolis group life insurance policy or to the employee's estate if no beneficiary is listed. Section 17.01 General‌

- Accrued Sick Leave Separation Plan. Employees Effective as of the date hereof and commencing with regard to sick leave accrued after December 31, 2001, employees who separate from positions in the qualified service and who meet the requirements set forth in this article shall be paid in the manner and amount set forth herein. (a) Payment for accrued but unused sick leave shall be made only to separated former employees who: i. have separated from service; and ii. as of the date of separation had accrued sick leave credit of no less than sixty (60) days; and iii. as of the date of separation had: 1. no less than twenty (20) years of qualified service as computed for separation purposes, or 2. who have reached sixty (60) years of age, or 3. who are required to separate early because of either disability or having reached mandatory retirement agedisability. (b) When an employee having no less than sixty (60) days of accrued sick leave dies prior to separation, they shall be deemed to have separated because of disability at the time of death, and payment for their accrued sick leave shall be paid to the designated beneficiary as provided in this Section. (c) The amount payable to each employee qualified hereunder shall be one-half (½) the daily rate of pay for the position held by the employee on the day of separation, notwithstanding subsequent retroactive pay increases, for each day of accrued sick leave subject to a minimum of sixty (60) days. (d) The amount payable under this Section shall be paid in a lump sum following separation from employment but not more than sixty (60) days after the date of the employee's separation, separation provided however, that in the case of involuntary termination, this deposit shall occur only after final disposition is reached or all timelines to contest the discharge have expired, whichever is later. For purposes of the grievance procedure, the timeline for filing a Step 1 grievance under this Article shall be tolled for sixty (60) days after the triggering event or until the separated employee receives the lump sum, whichever is shorter. (e) If an employee entitled to payment under this Section dies prior to receiving the full amount of such benefit, the payment shall be made to the beneficiary entitled to the proceeds of his or her their Minneapolis group life insurance policy or to the employee's estate if no beneficiary is listed. Section 17.01 General‌

- Accrued Sick Leave Separation Plan. Employees who separate from positions in the qualified service and who meet the requirements set forth in this article shall be paid in the manner and amount set forth herein. (a) Payment for accrued but unused sick leave shall be made only to separated former employees who: i. have separated from service; and ii. as of the date of separation had accrued sick leave credit of no less than sixty (60) days; and iii. as of the date of separation had: 1. no less than twenty (20) years of qualified service as computed for separation pension eligibility purposes, or 2. who have reached sixty years of age, or 3. who are required to separate early because of either disability or having reached mandatory retirement agea disability. (b) When an employee having no less than sixty (60) days of accrued sick leave dies prior to separation, they he/she shall be deemed to have separated because of disability at the time of death, and payment for their his/her accrued sick leave shall be paid to the designated beneficiary as provided in this Section. (c) The amount payable to each employee qualified hereunder shall be one-half (½) the daily rate of pay for the position held by the employee on the day of separation, notwithstanding subsequent retroactive pay increases, for each day of accrued sick leave subject to a minimum of sixty (60) days. (d) The Effective April 18, 2003 and thereafter, 100% of the amount payable under this Section shall be paid in a lump sum following separation from employment but not more than sixty deposited into the Health Care Savings Account (60MSRS). This deposit shall occur within thirty (30) days after of the date of the employee's separation, provided however, that in the case of involuntary termination, this deposit shall occur only after final disposition is reached or all timelines to contest the discharge have expired, whichever is later. (e) If an employee entitled to payment under this Section dies prior to receiving the full amount of such benefit, the payment shall be made to the beneficiary entitled to the proceeds of his or her Minneapolis group life insurance policy or to the employee's estate if no beneficiary is listed. Section 17.01 General‌

- Accrued Sick Leave Separation Plan. Employees who separate from positions in the qualified service and who meet the requirements set forth in this article shall be paid in the manner and amount set forth hereinherein and in 1/8th day increments. (a) Payment for accrued but unused sick leave shall be made only to separated former employees who: i. have separated from service; and ii. as of the date of separation had accrued sick leave credit of no less than sixty (60) days; and iii. as of the date of separation had: 1. no less than twenty (20) years of qualified service as computed for separation retirement purposes, or 2. who have reached sixty years of age, or 3. who are required to separate early because of either disability or having reached mandatory retirement age, if any. (b) When an employee having no less than sixty (60) days of accrued sick leave dies prior to separation, they he/she shall be deemed to have separated because of disability at the time of death, and payment for their his/her accrued sick leave shall be paid to the designated beneficiary as provided in this Section. (c) The amount payable to each employee qualified hereunder shall be one-half (½) the daily rate of pay for the position held by the employee on the day of separation, notwithstanding subsequent retroactive pay increases, for each day of accrued sick leave subject to a minimum of sixty (60) days. (d) The amount payable under this Section shall be paid in a lump sum following separation from employment but not more than sixty (60) days after the date of the employee's separation, provided however, that in the case of involuntary termination, this deposit shall occur only after final disposition is reached or all timelines to contest the discharge have expired, whichever is later. (e) Effective September 1, 2016, and thereafter, 100% of the amount payable under this Section shall be deposited into the employee’s Post-Retirement Health Care Savings Plan, as established in Minn. Stat. §352.98 as administered by the Minnesota State Retirement System. This deposit shall occur within thirty (30) days of the date of retirement. (f) If an employee entitled to payment under this Section dies prior to receiving the full amount of such benefit, the payment shall be made to the beneficiary entitled to the proceeds of his or her Minneapolis group life insurance policy or to the employee's estate if no beneficiary is listed. Section 17.01 General‌