Compensation for Accrued Sick Leave Sample Clauses

Compensation for Accrued Sick Leave. An employee or employee's estate shall be entitled to receive a cash payout equal to 60% of the value of their accrued unused sick leave credit, from July 1, 1974 forward, computed from the last base wage of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the occurrence of any of the following events:
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Compensation for Accrued Sick Leave. If an employee with unused sick leave credit a. dies;
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Compensation for Accrued Sick Leave. If an employee with unused sick leave credit dies; resigns when eligible for retirement; resigns to enter a City elective office without a break in continuity of City service and serves in such office employment until retired under the City's retirement system; or is laid off because of the abolishment of his/her position or employment or because of absence of funds; he/she or his/her estate shall be entitled to receive 70% of the value of his/her accrued sick leave computed from his/her last base salary as an employee. Payment shall be made as soon as practicable following the occurrence of any of the foregoing events. This “cash out” shall be directed to the employees XXXX account.
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Compensation for Accrued Sick Leave. If an employee with unused sick leave credit dies; retires under the City's retirement system; resigns when eligible for such retirement; resigns to enter a City elective office without a break in continuity of City service and serves in such office employment until retired under the City's retirement system; or is laid off because of the abolishment of his/her position or employment or because of absence of funds; he/she or his/her estate shall be entitled to receive one-half (½) of the value of his/her accrued sick leave computed from his/her last base salary as an employee, except that, sick leave earned prior to July 1, 1974 will be available for sick leave use only and will not have monetary value at the time of retirement or death. When deducting sick leave used by an employee, that sick leave earned after June 30, 1974, will be deducted before deducting sick leave earned prior to July 1, 1974. Payment shall be made as soon as practicable following the occurrence of any of the foregoing events. (1974 MOU & CSR XV)
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Compensation for Accrued Sick Leave. 30 15.9.5 Integration with Workers’ Compensation . . . . . . . . . . . . . . . . . . . 31 15.10 Personal Leave 31 15.11 Funeral Leave 31 15.12 Vacation Leave 31 15.12.1 Vacation Accrual 31 15.12.2 Continuous Service 32 15.12.3 Vacation Eligibility 32 15.12.4 Vacation Scheduling 32 15.12.5 Limitations on Vacation Accrual 32 15.12.6 Death or Separation 32 15.12.7 Request Procedure 33 15.13 Other Leaves of Absence 33 15.13.1 Nature of Other Leaves 33 15.13.2 Leave Without Pay 33 15.13.3 Family Leave 33 15.14 Call Out and On Duty Time 33 Article 16 – Holidays 34 16.1 Holidays 34 16.2 Compensation for Work on Holiday 34 16.3 Holidays during Vacation or Sick Leave 34 16.4 Accrual of Holiday Leave 34 Article 17 – General Provisions 35 17.1 Management Determination of Education and Training 35 17.2 Safety Regulations 35 17.3 Personal Appearance 35 17.4 Shift Trade and Trading Days Off 35 Article 18 – Seniority 36 18.1 Definition 36 18.2 Layoff, Reduction in Class and Recall 36 18.3 Notice of Recall from Layoff Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 18.4 Promotional Probationary Period. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 18.5 Seniority List . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 18.6 Lateral Hires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Article 19 – Retirement. 38 19.1 PERS Participation 38 19.2 Employer PERS Contribution 38 Article 20 – Uniforms and Equipment 39
Sample 1
Compensation for Accrued Sick Leave. Sick leave is provided by the Employer in the nature of insurance against loss of income due to the employee’s illness or injury. No compensation for accrued sick leave shall be provided to any employee upon termination of employment for whatever reason, provided that upon bona fide retirement, one-half (1/2) of the employee’s accrued and unused sick leave will be reported to PERS. Sick leave shall not accrue during any leave of absence without pay. In the event there is a change in Oregon State Statute regarding the payment to Public Employees Retirement System (PERS), the Association and the Employer will immediately open the contract for the sole purpose of negotiation of this Article.
Sample 1
Compensation for Accrued Sick Leave. Employees may be compensated for a maximum of 960 hours upon separation from Mono County as follows: 1. If the Employees has worked for the County for less than five (5) years, no compensation shall be paid for accrued sick leave. 2. If the Employee has worked for the County more than five (5) years, but less than ten (10) years, then the Employee shall be paid seventy-five percent (75%) of the dollar value of the accrued sick leave. 3. If the Employee has worked for the County more than ten (10) years, then the Employee shall be paid one hundred percent (100%) of the dollar value of the accrued sick leave. 4. If the Employee is terminated by reason of layoff, then the Employee shall be paid one hundred percent (100%) of the dollar value of the accrued sick leave. 5. The dollar value of the Employee’s accrued sick leave shall be based upon the Employee’s Base Rate of Pay on the date of separation.
Sample 1
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Compensation for Accrued Sick Leave. Upon retirement, employees will receive payment for fifty (50) percent of accumulated sick leave based upon the rate of pay at the time of retirement. The total payment of eligible sick leave cash-out upon retirement shall be submitted into the employee’s HRA XXXX account as an Employer Contribution. Upon the death of an employee, the employee’s beneficiary will receive payment for all accumulated sick leave based upon the employee’s base rate of pay at the time of death.
Sample 1

Related to Compensation for Accrued Sick Leave

  • Accrued Compensation On any termination of the Executive’s employment with the Company Group, the Executive will be entitled to receive all accrued but unpaid vacation, expense reimbursements, wages, and other benefits due to the Executive under any Company-provided plans, policies, and arrangements.

  • HOLIDAY COMPENSATION FOR TIME WORKED 110. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time-and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions of Section III.E.2. 111. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Accrued Compensation and Benefits Notwithstanding anything to the contrary in Section 2 and 3 above, in connection with any termination of employment upon or following a Change in Control (whether or not a Qualifying Termination or CIC Qualifying Termination), the Company or its subsidiary shall pay Executive’s earned but unpaid base salary and other vested but unpaid cash entitlements for the period through and including the termination of employment, including unused earned vacation pay and unreimbursed documented business expenses incurred by Executive prior to the date of termination (collectively “Accrued Compensation and Expenses”), as required by law and the applicable Company or its subsidiary, as applicable, plan or policy. In addition, Executive shall be entitled to any other vested benefits earned by Executive for the period through and including the termination date of Executive’s employment under any other employee benefit plans and arrangements maintained by the Company or its subsidiary, as applicable, in accordance with the terms of such plans and arrangements, except as modified herein (collectively “Accrued Benefits”). Any Accrued Compensation and Expenses to which the Executive is entitled shall be paid to the Executive in cash as soon as administratively practicable after the termination, and, in any event, no later than two and one-half (2-1/2) months after the end of the taxable year of the Executive in which the termination occurs or at such earlier time as may be required by applicable law or Section 10 below, and to such lesser extent as may be mandated by Section 9 below. Any Accrued Benefits to which the Executive is entitled shall be paid to the Executive as provided in the relevant plans and arrangements.

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Compensation for Overtime Assigned overtime is designated as those hours over the regular hours of work which are requested of the employee by management. Assigned overtime worked shall be paid at the rate of time and one-half (1 1/2).

  • Sick Leave Bonus ‌ For every six (6) months of perfect sick leave attendance after July 1, 1987, the employee will receive eight (8) hours of bonus time. This bonus time will be prorated for part-time employees. Such bonus time can be used for any leave purpose covered by this Agreement. Such bonus time shall be counted as vacation leave credits for purposes of determining eligibility for carry- over and cash payments.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Accrued Salary On the Separation Date, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Accrued Salary and Vacation On the Separation Date, the Company will pay you all accrued salary and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

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