CONVERSION OF UNUSED SICK LEAVE Sample Clauses

CONVERSION OF UNUSED SICK LEAVE. Unit members may convert unused sick leave to retirement credit in accordance with Government Code Section 20862.5 or its successor if the unit member is filing a request for retirement.
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CONVERSION OF UNUSED SICK LEAVE. Section 1. An employee who is both eligible for and elects to take his public employee retirement benefits shall be entitled to covert accrued but unused leave to a cash payment on the following basis:
CONVERSION OF UNUSED SICK LEAVE. RETIREMENT & ANNUAL
CONVERSION OF UNUSED SICK LEAVE. Section 1. Employees who are both eligible for and who elect to take their public employees retirement benefits shall be entitled to convert accrued but unused sick leave to a cash payment on the following basis. After completion of ten (10) years of continuous service with Tuscarawas County, a cash payment in the amount of one (1) hour’s pay for each four (4) hours of accrued but unused sick leave at the time of retirement. The maximum payment under this provision shall not exceed two hundred forty (240) hours of pay calculated on one-fourth (1/4) of nine hundred sixty (960) hours of sick leave accrued but unused. Section 2. Employees who die shall be considered to have terminated their employment as of the date of their death, and shall be eligible for such sick leave payment for which they would otherwise qualify under this article. Such payment shall be made in accordance with ORC 2113.04 or paid to the employee’s estate. Section 3. In the event an employee’s death is a result of illness or injury sustained in the performance of his or her regular duties, the employee’s spouse or estate shall be paid the employee’s accrued but unused sick leave to a maximum of one thousand (1,000) hours.
CONVERSION OF UNUSED SICK LEAVE. Those employees covered under this agreement who are eligible or who become eligible to retire shall be entitled to convert accrued but unused sick leave to a cash payment on the following basis: Employees may receive, after completion often (10) years of continuous service with the County, a cash payment in the amount of one (1) hour's pay for each four (4) hours of accrued but unused sick leave at the time of retirement. The maximum payment under this provision shall not exceed two hundred forty (240) hours of pay calculated at one-quarter (1/4) of nine hundred sixty (960) hours of sick leave.
CONVERSION OF UNUSED SICK LEAVE. Section 16.1 Conversion at Retirement Those employees covered by the terms of this Agreement who retire from the employ of the City, shall at the time of retirement from the City be entitled to convert their accrued, but unused sick leave to a cash payment on the following basis: o Employees may receive, after completion of ten (10) years of continuous service with the City, a cash payment in the amount of one (1) hour’s pay for each two (2) hours of accrued, but unused sick leave at their time of retirement. The maximum payment under this provision shall not exceed twelve thousand dollars ($12,000) for any year covered by this agreement. o The employees who elect to retire after twenty-five (25) years of credit in the retirement system, or who qualify for a disability retirement, may convert unused sick leave to a cash payment of one (1) hour’s pay for every two (2) hours of accrued, but unused sick leave. The maximum payment under the provision shall not exceed seventeen thousand five hundred dollars ($17,500) for any year covered by this agreement. Section 16.2 Payment under the terms of this Article shall be computed on the employee’s actual base hourly rate of pay per Article 39, at the time of retirement from the City, upon confirmation from the State’s Police and Fireman’s Disability and Pension fund, that the employee is eligible to receive retirement benefits.
CONVERSION OF UNUSED SICK LEAVE. Section 1. Employees who are officially eligible to retire in compliance with PERS shall be entitled to convert accrued but unused sick leave to a cash payment on the following basis: Employees may receive, after completion of ten (10) years of continuous service with the City of Martins Ferry, a cash payment in the amount of one (1) hour's pay for each four (4) hours of accrued but unused sick leave at the time of retirement or death. The maximum payment under this provision shall not exceed six-hundred (600) hours of pay calculated at one-fourth (1/4) of the total hours of sick leave accrued but unused.
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CONVERSION OF UNUSED SICK LEAVE. Employees who are both eligible for and who elect to take their public employee retirement benefits shall be entitled to convert accrued but unused sick leave to a cash payment on the following basis: Employees may receive, after completion of ten (10) years of continuous service with Tuscarawas County, a cash payment in the amount of one (1) hour’s pay for each four (4) hours of accrued but unused sick leave at the time of retirement. The maximum payment under this provision shall not exceed two hundred forty (240) hours of pay calculated at one-fourth (1/4) of nine hundred sixty (960) hours of sick leave accrued but unused. In the event an employee’s death is a result of illness or injury sustained in the performance of his regular duties, the employee’s spouse or estate shall be paid the employee’s accrued but unused sick leave to a maximum of one thousand (1,000) hours.
CONVERSION OF UNUSED SICK LEAVE. 1. Employees may convert fifteen (15) days of sick leave earned and not used during the current academic year (August 1 July 31) for cash, based upon a percentage of their regular daily amount and in accordance with the following formula: 10.0 – 14.9 26% 28% 30% 32% 34% 36% 15.0 – 19.9 28% 30% 32% 34% 36% 38% 20.0 – 24.9 30% 32% 34% 36% 38% 40% 25+ 32% 34% 36% 38% 40% 42% 2. Daily conversion rate is based on current year's regular pay (excluding extra duty pay). 3. Employees shall submit their request to convert unused sick leave in writing to the Superintendent between May 1 and June 30 of each respective year.
CONVERSION OF UNUSED SICK LEAVE. 1. Employees may convert fifteen (15) days of sick leave earned and not used during the current academic year (August 1 July 31) for cash, based upon a percentage of their regular daily amount and in accordance with the following formula: 120.0 140.0 160.0 180.0 200.0 220.0 139.9 159.9 179.9 199.9 219.0 240.0 2. Daily conversion rate is based on current year's regular pay (excluding extra duty pay).
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