Common use of Annual Sick Leave Sell-Back/Conversion Clause in Contracts

Annual Sick Leave Sell-Back/Conversion. Unit members may sell back a portion of their unused sick leave or convert it to additional days of vacation, provided that the unit member must have a minimum of sixty (60) days of accumulated sick leave at the beginning of the calendar year (January 1). The unit member may exercise one of the following options during the month of January: (1) Accumulate sick leave credits to the one hundred and fifty day (150) maximum; or, (2) Convert sick leave earned in excess of the basic requirement of sixty (60) days to vacation ratio of two (2) sick leave days to one (1) day of vacation up to a maximum of six (6) vacation days. (3) Sell back sick leave earned in excess of the basic requirement of sixty (60) days, at the ratio of two (2) sick leave days to one (1) days of pay, up to maximum of seven (7) days pay.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Annual Sick Leave Sell-Back/Conversion. Unit members may sell back a portion of their unused sick leave or convert it to additional days of vacation, provided that the unit member must have a minimum of sixty (60) days of accumulated sick leave at the beginning of the calendar year (January 1). The unit member may exercise one of the following options during the month of Januaryeach calendar year: (1) Accumulate sick leave credits to the one hundred and fifty day (150) maximum; or, (2) Convert sick leave earned in excess of the basic requirement of sixty (60) days to vacation ratio of two (2) sick leave days to one (1) day of vacation up to a maximum of six (6) vacation days. (3) Sell back sick leave earned in excess of the basic requirement of sixty (60) days, at the ratio of two (2) sick leave days to one (1) days day of pay, up to maximum of seven six (76) days pay.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Annual Sick Leave Sell-Back/Conversion. Unit members may sell back a portion of their unused sick leave or convert it to additional days of vacation, provided that the unit member must have a minimum of sixty (60) days of accumulated sick leave at the beginning of the calendar year (January 1). The unit member may exercise one of the following options during the month of January: (1) Accumulate sick leave credits to the one hundred and fifty day (150) maximum; or, (2) Convert sick leave earned in excess of the basic requirement of sixty (60) days to vacation ratio of two (2) sick leave days to one (1) day of vacation up to a maximum of six (6) vacation days. (3) Sell back sick leave earned in excess of the basic requirement of sixty (60) days, at the ratio of two (2) sick leave days to one (1) days of pay, up to maximum of seven (7) days pay.two

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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