Common use of Catastrophic Sick Bank Clause in Contracts

Catastrophic Sick Bank. When an employee has nine hundred sixty (960) hours accumulated in the regular sick leave bank, he/she shall accumulate additional time in a catastrophic sick leave bank at the rate of four (4) hours for each full month of service. The catastrophic sick bank cannot exceed four hundred eighty (480) hours. Sick leave in the catastrophic sick leave bank may be utilized for serious illness or injury when the regular sick leave bank has been exhausted.

Catastrophic Sick Bank. When an employee has nine accrued one hundred sixty (960and twenty-five ( 125) hours accumulated in the regular days of sick leave bankleave, he/she shall accumulate additional time in a catastrophic sick leave bank at the rate of four eight (4) 8) hours for each full month of servicethe employee maintains the maximum sick leave accrual. The catastrophic sick bank cannot exceed four hundred and eighty (480) hours. Sick leave in the catastrophic sick leave bank may be utilized for serious illness or injury only when the regular sick leave bank as provided in Section 20.1 has been exhausted.

Catastrophic Sick Bank. When an employee staff has nine hundred sixty (960) 920 hours accumulated in the regular sick leave bank, he/she shall accumulate additional time in a catastrophic sick leave bank at the rate of four (4) 1.85 hours for each full month of serviceper pay period. The catastrophic sick bank cannot exceed four one hundred eighty twenty (480120) hours. Sick leave in the catastrophic sick leave bank may be utilized for serious illness or injury when the regular sick leave bank has been exhausted.