Cash Payment for Sick/Personal Leave. At the end of the fiscal year, members of the bargaining unit may exercise one of two options regarding any sick leave/personal leave days fewer than sixteen (16) used during the previous year: • Allow the balance to remain intact for possible future need. (Accumulate it.) • Convert up to one-half of the unused balance for the year into a cash payment computed as 0.00278 times the current annual salary times the number of eligible days. The cash payment provision will apply only to the portion of the annual credit allowances not used each year. Only days accumulated during the current year at Cincinnati State Technical and Community College may be cashed in pursuant to this provision. No employee may exercise the cash payment provision until he/she has exceeded thirty-five (35) days of accumulated sick leave/personal leave. The number of days “cashed in” cannot result in a remaining accumulated balance of fewer than thirty-five (35) days.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Cash Payment for Sick/Personal Leave. At the end of the fiscal year, members of the bargaining unit may exercise one of two options regarding any sick leave/personal leave days fewer than sixteen (16) used during the previous year: • :
1. Allow the balance to remain intact for possible future need. (Accumulate it.) • )
2. Convert up to one-half of the unused balance for the year into a cash payment computed as 0.00278 times the current annual salary times the number of eligible days. The cash payment provision will apply only to the portion of the annual credit allowances not used each year. Only days accumulated during the current year at Cincinnati State Technical and Community College may be cashed in pursuant to this provision. No employee may exercise the cash payment provision until he/she has exceeded thirty-five (35) days of accumulated sick leave/personal leave. The number of days “cashed in” cannot result in a remaining accumulated balance of fewer than thirty-five (35) days.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Cash Payment for Sick/Personal Leave. At the end of the fiscal year, members of the bargaining unit may exercise one of two options regarding any sick leave/personal leave days fewer than sixteen thirteen (1613) used during the previous year: • :
1. Allow the balance to remain intact for possible future need. (Accumulate it.) • )
2. Convert up to one-half of the unused balance for the year into a cash payment computed as 0.00278 times the current annual salary times the number of eligible days. The cash payment provision will apply only to the portion of the annual credit allowances not used each year. Only days accumulated during the current year at Cincinnati State Technical and Community College may be cashed in pursuant to this provision. No employee may exercise the cash payment provision until he/she has exceeded thirty-five (35) days of accumulated sick leave/personal leave. The number of days “cashed in” cannot result in a remaining accumulated balance of fewer than thirty-five (35) days.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Cash Payment for Sick/Personal Leave. At the end of the fiscal year, members of the bargaining unit may exercise one of two options regarding any sick leave/personal leave days fewer than sixteen thirteen (1613) used during the previous year: • :
1. Allow the balance to remain intact for possible future need. (Accumulate it.) • )
2. Convert up to one-half of the unused balance for the year into a cash payment computed as 0.00278 times the current annual salary times the number of eligible days. The cash payment provision will apply only to the portion of the annual credit allowances not used each year. Only days accumulated during the current year at Cincinnati State Technical and Community College may be cashed in pursuant to this provision. No employee may exercise the cash payment provision until he/she has exceeded thirty-five (35) days of accumulated sick leave/personal leave. The number of days “"cashed in” " cannot result in a remaining accumulated balance of fewer than thirty-five (35) days.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Cash Payment for Sick/Personal Leave. At the end of the fiscal year, members of the bargaining unit may exercise one of two options regarding any sick leave/leave/ personal leave days fewer than sixteen thirteen (1613) used during the previous year: • :
1. Allow the balance to remain intact for possible future need. (Accumulate it.) • )
2. Convert up to one-half of the unused balance for the year into a cash payment computed as 0.00278 .00278 times the current annual salary times the number of eligible days. The cash payment provision will apply only to the portion por- tion of the annual credit allowances not used each year. Only days accumulated during the current year at Cincinnati State Technical and Community College may be cashed in pursuant to this provision. No employee may exercise the cash payment provision until he/she has exceeded thirty-five (35) days of accumulated accu- mulated sick leave/personal leave. The number of days “cashed in” cannot result in a remaining accumulated accumu- lated balance of fewer than thirty-five (35) days.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Cash Payment for Sick/Personal Leave. At the end of the fiscal year, members of the bargaining unit may exercise one of two options regarding any sick leave/personal leave days fewer than sixteen thirteen (1613) used during the previous year: • :
1. Allow the balance to remain intact for possible future need. (Accumulate it.) • )
2. Convert up to one-half of the unused balance for the year into a cash payment computed as 0.00278 times the current annual salary times the number of eligible days. The cash payment provision will apply only to the portion of the annual credit allowances not used each year. Only days accumulated during the current year at Cincinnati State Technical and Community College may be cashed in pursuant to this provision. No employee may exercise the cash payment provision until he/she has exceeded thirty-five (35) days of accumulated sick leave/personal leave. The number of days “"cashed in” " cannot result in a remaining accumulated balance of fewer than thirty-thirty- five (35) days.
Appears in 1 contract
Samples: Collective Bargaining Agreement