Common use of Accrued Sick Leave Clause in Contracts

Accrued Sick Leave. Any employee having accrued sick leave to their credit shall, on retirement, or on termination for medical reasons, receive a salary grant in lieu thereof equal to such credit on the following basis: i) after 10 years of continuous service, a maximum of 100 days; ii) after 20 years of continuous service, a maximum of 110 days. In the event of death, any accrued sick leave cash bonus up to the maximums referred to above shall be paid to their beneficiary.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Accrued Sick Leave. Any employee having accrued sick leave to their his credit shall, on retirement, or on termination for medical reasons, receive a salary grant in lieu thereof equal to such credit on the following basis: (i) after 10 years of continuous service, a maximum of 100 days; (ii) after 20 years of continuous service, a maximum of 110 days. In the event of death, any accrued sick leave cash bonus up to the maximums referred to above shall be paid to their his beneficiary.

Appears in 1 contract

Samples: Collective Agreement

Accrued Sick Leave. Any employee having accrued sick leave to their credit shall, on retirement, or on termination for medical reasons, receive a salary grant in lieu thereof equal to such credit on the following basis: i) after 10 years of continuous service, a maximum of 100 days; ii) after 20 years of continuous service, a maximum of 110 days. Retirement shall be in accordance with the provisions of the Municipal Pension Plan rules. Employees will be deemed to have retired if they resign after having attained the age of fifty-five (55). In the event of death, any accrued sick leave cash bonus up to the maximums referred to above shall be paid to their beneficiary.

Appears in 1 contract

Samples: Collective Agreement

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Accrued Sick Leave. Any employee having accrued sick leave to their his/her credit shall, on retirement, or on termination for medical reasons, receive a salary grant in lieu thereof equal to such credit on the following basis: (i) after 10 years of continuous service, a maximum of 100 days; (ii) after 20 years of continuous service, a maximum of 110 days. In the event of death, any accrued sick leave cash bonus up to the maximums referred to above shall be paid to their his/her beneficiary.

Appears in 1 contract

Samples: Collective Agreement

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