Conversion Upon Separation Clause Samples
Conversion Upon Separation. Upon separation from the county service, an employee is entitled to compensation for any earned, but unused vacation leave credit at the time of separation, provided the employee has completed at least one year of service. The accrual cannot exceed two years vacation time, based on the individual employee accrual rate. The payment will be made at the employee’s current rate of pay based on employee’s permanent position.
Conversion Upon Separation. The employee may convert Sick Leave subject to all of the following conditions:
1. The employee separates employment while in good standing (employee’s separation must not be for just cause) with the City;
2. The employee has at least ten (10) years of full-time public service, five (5) years of which must be full-time continuous service with the City; and
3. The employee must have a Sick Leave Balance of at least five hundred (500) hours at the time of separation; The rate of pay for such accumulated ▇▇▇▇ Leave will be at the employee's straight time hourly rate of pay at separation multiplied by one-third (1/3) of the total number of accumulated Sick Leave hours. Total payment under this provision will not exceed 700 hours. In the event an employee dies while in the employ of the City, except as provided in paragraph (C) of this section, and the employee has at least ten (10) years of full-time public service, five (5) of which is full-time continuous service with the City, their spouse, or secondarily their estate, will be paid the aforementioned rate of redemption for accumulated unused Sick Leave.
Conversion Upon Separation. The employee may convert his/her Sick Leave subject to all of the following conditions:
1) The employee separates employment while in good standing (employee’s separation must not be for just cause) with the City;
2) The employee has at least ten (10) years of full-time public service, five (5) years of which must be full-time continuous service with the City; and
3) The employee must have a Sick Leave Balance of at least five hundred (500) hours at the time of separation; The rate of pay for such accumulated Sick Leave shall be at the employee's straight time hourly rate of pay at separation multiplied by one-third (1/3) of the total number of accumulated Sick Leave hours. Total payment under this provision shall not exceed 700 hours. In the event an employee dies while in the employ of the City, except as provided in paragraph (C) of this section, and the employee has at least ten (10) years of full-time public service, five
Conversion Upon Separation. Upon death, retirement, resignation or termination of employment not as a direct consequence of disciplinary action, a member shall be entitled to a conversion of any unused sick leave as described in Section 22.1 based on the following:
A. A member shall be paid at the time of separation one (1) hour of sick leave for every two (2) hours of accumulated but unused sick leave, up to a maximum of 1000 hours of accumulated but unused sick leave and 500 hours of payments. Such payment shall be made at the rate of pay in effect at the time of separation. Members shall request such conversion in writing prior to the effective date of their separation or as soon as possible thereafter.
B. In addition to the above, a member may, at the end of the calendar year, elect to receive a cash payment for unused sick leave as described in Section 22.1 (but not including Transferred Sick Leave Bank hours), not to exceed a total of sixty (60) hours, at the rate of pay in effect as of December 31st of that calendar year. Payment made pursuant to this paragraph shall be made in January of the next calendar year.
C. Each member retiring, resigning, or terminating employment under the provisions of this article shall be furnished a statement by the Director of Finance stating the amount of non-reimbursed sick leave hours available to the member on the date of retirement, resignation or termination.
D. In no event shall a member receive any pay out for Transferred Sick Leave Bank hours upon separation from employment.
Conversion Upon Separation. Sick leave can also be converted to cash at separation from the Agency by the following method: 1) calculate fifty (50%) percent of accumulated sick leave time; 2) this amount will be reimbursed to the employee up to a maximum of four hundred eighty (480) hours.
Conversion Upon Separation. The employee may convert his/her sick leave subject to all of the following conditions:
1) The employee separates employment while in good standing (employee’s separation must not be for just cause) with the City;
2) The employee has at least ten (10) years of full-time public service, five
Conversion Upon Separation. The member may convert his/her sick leave subject to all of the following conditions: 1. must not be for just cause) with the City;