Annual Sick Leave Sell-Back. Conversion (Applies to SB1, SC1, and SD1 only) 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 each 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) day of pay, up to maximum of six (6) days pay.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Annual Sick Leave Sell-Back. Conversion (Applies to SB1, SC1, and SD1 only) 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 each calendar yearduring 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
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) day of pay, up to maximum of six (6) days pay.two
Appears in 1 contract
Samples: Memorandum of Understanding
