Common use of Carry-Over and Conversion Clause in Contracts

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made in the first paycheck in December each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 6 contracts

Samples: dam.assets.ohio.gov, Contract, das.ohio.gov

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Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made period ending on the last day of the pay period in November from which the first paycheck in December is issued each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without witho ut pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 2 contracts

Samples: irle.berkeley.edu, das.ohio.gov

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her accrued sick leave accrued and not used in the proceeding twelve (12) month period. Payment will period beginning November 24, 1996 through November 22, 1997, to be made paid in the first paycheck pay received in December each yearat a rate of fifty percent (50%). The cash conversion of the sick leave accrued and not used for each the usage period in the subsequent years of this Agreement shall be at the following ratesrate: Number of hours subject to Cash Conversion % of Regular Rate 80 8075% 72 -79.9 7570% 64 to 71.9 7065% 56 to 63.9 6560% 48 to 55.9 6055% 47.9 and less 5550% This payment shall be paid in the first pay received in December of each of the subsequent years of the Agreement. An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations). If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made in the first paycheck in December each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made period ending on the last day of the pay period in November from which the first paycheck in December is issued each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% % OF REGULAR RATE An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her accrued sick leave accrued and not used in the proceeding twelve (12) month period. Payment will period beginning November 24, 1996 through November 22, 1997, to be made paid in the first paycheck pay received in December each yearat a rate of fifty percent (50%). The cash conversion of the sick leave accrued and not used for each the usage period in the subsequent years of this Agreement shall be at the following ratesrate: Number of hours subject to Cash Conversion % of Regular Rate 80 8075% 72 -79.9 7570% 64 to 71.9 7065% 56 to 63.9 6560% 48 to 55.9 6055% 47.9 and less 5550% This payment shall be paid in the first pay received in December of each of the subsequent years of the Agreement. An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations). If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed reinstated or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

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Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made in the first paycheck in December each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% % OF REGULAR RATE An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made mo nth period ending on the last day of the pay period in November from which the first paycheck in December is issued each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s 's regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of his/her sick leave accrued and not used in the proceeding twelve (12) month period. Payment will be made in the first paycheck in December each year. The cash conversion of the sick leave accrued and not used for each usage period of this Agreement shall be at the following rates: Number of hours subject to Cash Conversion % of Regular Rate 80 80% 72 -79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee with a minimum of five (5) years of state service who terminates state service or retires shall convert to cash any sick leave accrued at the employee’s employee‟s regular rate of pay earned at the time of separation, within three (3) years of separation, at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Appears in 1 contract

Samples: das.ohio.gov

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