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: Days of Unused Sick Leave As of July 1 120.0 140.0 160.0 180.0 200.0 220.0 139.9 159.9 179.9 199.9 219.0 240.0 Years of Experience at SCLSD** 10.0 14.9 Years 26% 28% 30% 32% 34% 36% 15.0 19.9 Years 28% 30% 32% 34% 36% 38% 20.0 - 24.9 Years 30% 32% 34% 36% 38% 40% 25 or More Years 32% 34% 36% 38% 40% 42% 2. Daily conversion rate is based on current year's regular pay (excluding extra duty pay).
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
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: No. of Days of Unused Sick Leave Leave, As of July 1 120.0 140.0 160.0 180.0 200.0 220.0 to to to to to to 139.9 159.9 179.9 199.9 219.0 240.0 Years of Experience at SCLSD** 10.0 – 14.9 Years 26% 28% 30% 32% 34% 36% 15.0 – 19.9 Years 28% 30% 32% 34% 36% 38% 20.0 - – 24.9 Years 30% 32% 34% 36% 38% 40% 25 or More Years 25+ 32% 34% 36% 38% 40% 42% 2. Daily conversion rate is based on current year's regular pay (excluding extra duty pay).%
Appears in 2 contracts
Samples: Master Agreement, Master Agreement