Common use of Accumulated Sick Leave Bank Clause in Contracts

Accumulated Sick Leave Bank. The parties agree that the sick leave accumulation bank frozen at March 31, 1989, will be made available to employees to support any unpaid sick leave periods. Further, for employees who had ten (10) or more years of service at April 1, 1989, fifty (50) percent of the sick leave credit remaining will be paid out upon retirement or upon separation of employment other than for cause as outlined in Article 21.2. Similarly, employees who had five (5) or more years of service at April 1, 1989, will continue to earn service credits until the required ten (10) years of service are met and will have the remaining sick leave paid out as above.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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