Annual Sick Leave Pay Out Option Sample Clauses

Annual Sick Leave Pay Out Option. A. After 600 hours have been accumulated (excluding transferred-in sick leave from another Ohio political subdivision), a member shall be eligible to “sell back” their unused annual accrual of sick leave at one-third (1/3) of their current hourly straight-time rate, retaining not less than 560 hours accumulation.
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Annual Sick Leave Pay Out Option. Employees whose accrued sick leave balance is greater than thirteen (13) days and who use less than six and one-half (6.5) sick days during the twelve (12) month period ending June 30th of each year may choose to receive pay in lieu of four (4) daysd of accrued sick leave. Payment will be made on the pay date corresponding to the 2nd full pay period of the fiscal year. In order to be eligible, employees must still be employed by the JCCSF as of June 30th. However, academic-year employees who resign their positions with the JCCSF at the close of the academic year will also be eligible for this option, provided their accrued sick leave balances meet the requirements stated above.
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