Common use of Bank Accumulation Clause in Contracts

Bank Accumulation. The days in the Sick Leave Bank shall accumulate from year to year until a maximum of six hundred (600) days is reached. Members shall contribute one day per year until said maximum is reached. In the event the bank reaches fifty (50) days or less, the Superintendent will notify the Sick Leave Bank Committee and the Association, and then the Committee may require members to donate one (1) additional day to the Bank. A retiring teacher may donate up to twenty-five (25) days of their paid accumulated sick days to the Sick Leave Bank.

Bank Accumulation. The days in the Sick Leave Bank shall accumulate from year to year until a maximum of six hundred (600) 400 days is reached. Members shall contribute one day per year until said maximum is reached. In the event the bank reaches fifty (50) days or less, the Superintendent will notify the Sick Leave Bank Committee and the Association, and then the Committee may require members to donate one (1) additional day to the Bank. A retiring teacher may donate up to twenty-five (255) days of their paid accumulated sick days to the Sick Leave Banksick leave bank.