Common use of Annual Sick Leave Conversion Clause in Contracts

Annual Sick Leave Conversion. Employees with a balance of at least nine hundred sixty (960) hours of sick leave may convert such leave to a cash payment on March 31 of each year on the following basis: 15 Years 72 hours of sick leave for 36 hours of cash payment 20 Years 100 hours of sick leave for 50 hours of cash payment

Annual Sick Leave Conversion. Employees Each year, a member with a balance 500 to 999 hours of at least nine hundred sixty sick leave as of December 31 may convert sixteen (96016) hours of sick leave may convert such to vacation leave or cash payment. Employees with 1,000 to a cash payment on March 31 of each year on the following basis: 15 Years 72 1,499 hours of sick leave for 36 as of December 31 may cash in or convert to vacation leave an additional eight (8) hours of cash payment 20 Years 100 sick leave. Employees with 1,500 or more hours of sick leave for 50 as of December 31 may cash in or convert to vacation leave an additional sixteen (16) hours of cash paymentsick leave.

Annual Sick Leave Conversion. Employees with a balance By June 1 and December 1 of each year calendar year, each employee who has at least nine hundred sixty (960) 400 hours of accumulated sick leave may submit a written request to convert such up to a total of 40 hours of accumulated sick leave on each date (with no more than 80 total hours annually) to a cash payment on March 31 payment, providing that the employee's sick leave balance does not drop below 400 hours. Such cash payments shall be made in the second pay period in June and December of each year on the following basis: 15 Years 72 hours of sick leave for 36 hours of cash payment 20 Years 100 hours of sick leave for 50 hours of cash paymentcalendar year. Sick time conversion shall be paid by a separate check.

Annual Sick Leave Conversion. Employees with a who have an accumulated balance of at least nine unused sick leave in excess of six hundred sixty (960600) hours shall annually have the option of converting a portion of this unused balance into a cash payment if the Director determines funds are available. The maximum number of sick leave hours which may convert such leave to a cash payment on March 31 of be converted each year on is two hundred forty (240) hours and will be converted at 50% of value of the following basis: 15 Years 72 hours converted at the employee’s current rate of sick leave for 36 hours pay as of cash payment 20 Years 100 hours of sick leave for 50 hours of cash paymentNovember 10th

Annual Sick Leave Conversion. Employees Each calendar year, a member with a balance 500 to 999 hours of at least nine hundred sixty sick leave as of December 31 may convert sixteen (96016) hours of sick leave may convert such to vacation leave or cash payment. Employees with 1,000 to a cash payment on March 31 of each year on the following basis: 15 Years 72 1,499 hours of sick leave for 36 as of December 31 may cash in an additional eight (8) hours of cash payment 20 Years 100 sick leave. Employees with 1,500 or more hours of sick leave for 50 hours as of December 31 may cash paymentin an additional sixteen (16) hours.