Conversion at Retirement Employees Hired After January 1, 2013 Sample Clauses

Conversion at Retirement Employees Hired After January 1, 2013. Upon retirement 2 from the Xxxxxx County Sheriff’s Office, any employee hired after January 1, 2013, who has not 3 less ten (10) years continuous employment with the Employer, and qualifies for retirement 4 benefits from a State of Ohio Retirement System, and retires, shall be entitled to convert unused 5 sick leave, as certified by the Sheriff’s office, to cash and be paid at the current hourly rate for all 6 unused time in accordance with the following schedule: 7 8 Percentage Maximum
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Conversion at Retirement Employees Hired After January 1, 2013. Upon retirement from the Xxxxxx County Sheriff’s Office, any employee hired after January 1, 2013, who has not less than ten (10) years continuous employment with the Employer, and qualifies for retirement benefits from a State of Ohio Retirement System and retires, shall be entitled to convert unused sick leave, as certified by the Sheriff’s office, to cash and be paid at the current hourly rate for all unused time in accordance with the following schedule: Years of Service Percentage of Accrued Sick Maximum Paid Hours 10 years of public service 25% 240 10 years of Xxxxxx County service 33% 360 15 years of Xxxxxx County service 50% 480 20 years of Xxxxxx County service 50% 720 25 years of Xxxxxx County service 50% 960 Payment for sick leave conversion shall eliminate all accrued sick leave credit. Such payment shall be made only once to any employee.
Conversion at Retirement Employees Hired After January 1, 2013. Upon retirement from the Medina County Sheriff’s Office, any employee hired after January 1, 2013, who has not less than ten (10) years continuous employment with the Employer, and qualifies for retirement benefits from a State of Ohio Retirement System and retires, shall be entitled to convert unused sick leave, as certified by the Sheriff’s office, to cash and be paid at the current hourly rate for all unused time in accordance with the following schedule: Years of Service Percentage of Accrued Sick Maximum Paid Hours 10 years of public service 25% 240 10 years of Medina County service 33% 360 15 years of Medina County service 50% 480 20 years of Medina County service 50% 720 25 years of Medina County service 50% 960 Payment for sick leave conversion shall eliminate all accrued sick leave credit. Such payment shall be made only once to any employee.

Related to Conversion at Retirement Employees Hired After January 1, 2013

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Pre-Retirement Leave (a) An employee, who is scheduled to retire and to receive a superannuation allowance under the Pension (Public Service) Act, or who has reached the mandatory retiring age, shall be entitled to:

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