Annual Sick Leave Buy-Back Option. Employees may cash in unused sick leave days above an accumulation of one-hundred eighty (180) days at a ratio of one full day’s pay for each four (4) days of accumulated unused sick leave (accumulated in the previous calendar year), in January, of each year following any year in which a minimum of one-hundred eighty (180) days of sick leave are accumulated. No employee may receive pay for sick leave accumulated in excess of one (1) day per month.
Annual Sick Leave Buy-Back Option. Employees may cash in the previous year’s accumulation of unused sick leave days above an accumulation of 180 days at a ratio of one full day’s pay for each four days of accumulated unused sick leave (accumulated in the previous calendar year), in January of each year following any year in which a minimum of 180 days of sick leave are accumulated. No employee may receive pay for sick leave accumulated in excess of one day per month) RCW 18A.400.210, WAC 000-000-000, WAC 000-000-000. Annual and retirement sick-leave cash-outs may be contributed to an agreed upon pre or post- retirement tax-free health reimbursement plan as provided in IRS Code Section 501 C (9).
Annual Sick Leave Buy-Back Option. Employees may cash in unused sick leave days above an accumulation of sixty (60) days at a ratio of one (1) full day's pay for each four (4) days of accumulated unused sick leave (accumulated in the previous calendar year), in January, of each year of employment due to retirement (as recognized by the Washington State Teacher's Retirement System or death, an employee or his/her estate shall receive pay for accumulated but unused sick leave up to a maximum of one-hundred-eighty (180) days at a rate equal to one (1) day's per diem pay for each four (4) full days accrued leave for illness or injury. The monies paid pursuant to this provision shall not be included for the purpose of computing a retirement allowance under any public retirement system in the State, and shall be in accordance with the rules and regulations of SPI.
Annual Sick Leave Buy-Back Option. Employees may cash in the previous year’s accumulation of unused sick leave days as established by the Washington State legislature and in accordance with RCW 28A.400.210. Employees are encouraged to contact the Business Office for rules and regulations regarding the State’s remuneration of benefit plans for unused sick leave.
Annual Sick Leave Buy-Back Option. 12 Each January after the effective date of this Agreement, each eligible employee of the District may elect to 13 convert excess sick leave to monetary compensation. In order to be eligible to convert excess sick leave to 14 monetary compensation, an employee:
15 a. Shall have accumulated in excess of sixty (60) full days of unused sick leave at a rate of 16 accumulation no greater than one full day per month as of the end of the previous calendar year;
Annual Sick Leave Buy-Back Option. In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible Employee may exercise an option to receive pay for unused sick leave accumulated in the previous year at a rate equal to one (1) day's pay for each four (4) full days of accrued sick leave in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued sick leave at the rate of four (4) days for every one (1) day's pay.
Annual Sick Leave Buy-Back Option. 11 Each January after the effective date of this Agreement, each eligible employee may elect to 12 convert excess sick leave to monetary compensation. In order to be eligible to convert excess 13 sick leave days to monetary compensation, an employee:
15 a. Shall have accumulated in excess of 60 full days of unused sick leave at a rate of 16 accumulation no greater than one full day per month as of the end of the previous calendar 17 year; and
19 b. Xxxxx provide written notice to his/her employer during the month of January of his/her 20 intent to convert excess sick leave days to monetary compensation. 21
22 c. The number of sick leave days which an eligible employee may convert shall be determined 23 by taking the number of sick leave days in excess of sixty (60) full days that were 24 accumulated by the employee during the previous calendar year at a rate of accumulation 25 no greater than one full day per month and subtracting the number of sick leave days used 26 by the employee during the previous calendar year. The remainder, if any, shall constitute 27 the number of sick leave days, which may be converted to monetary compensation. 28
29 d. Sick leave days that are eligible for conversion shall be converted to monetary compensation 30 at the rate of twenty-five percent (25%) of the employee’s current, full-time daily rate of 31 compensation for each full day of eligible sick leave. Partial days of eligible sick leave shall 32 be converted on a pro-rata basis. 33
34 e. All sick leave days converted pursuant to this section shall be deducted from an employee’s 35 accumulated sick leave balance. 36
1 f. Employees who have accumulated 180 days or more shall be eligible to make annual
Annual Sick Leave Buy-Back Option. Employees may cash in unused sick leave days above 37 accumulation of sixty (60) days at a ratio of one (1) full day’s pay for each four (4) days accumulated 38 unused sick leave (accumulated in the previous calendar year), in January, of each year following 39 any year in which a minimum of sixty (60) days of sick leave are accumulated. No employee may 40 receive pay for sick leave accumulated in excess of one (1) day per month. 41 Compensation received pursuant to the above shall not be included for the purpose of computing a 42 retirement allowance under the Washington State Teachers’ Retirement System, and shall be in 43 accordance with the rules and regulations of OSPI.
Annual Sick Leave Buy-Back Option. Employees may cash in unused sick leave days above an accumulation of sixty (60) days at a ratio of one (1) full day's pay for each four (4) days of accumulated unused sick leave (accumulated in the previous calendar year), in January, of each year of employment due to retirement (as recognized by the Washington State Teacher's Retirement System or death, an employee or his/her estate shall receive pay for accumulated but unused sick leave up to a maximum of one-hundred-eighty (180) days at a rate equal to one (1) day's per diem pay for each four (4) full days accrued leave for illness or injury. The monies paid pursuant to this provision shall not be included for the purpose of computing a retirement allowance under any public retirement system in the State, and shall be in accordance with the rules and regulations of SPI. 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943
