Common use of Convert Unused Sick Leave for CalPERS Service Credit Upon Retirement Clause in Contracts

Convert Unused Sick Leave for CalPERS Service Credit Upon Retirement. The County contracted with CalPERS to provide Section 20965 Unused Sick Leave conversion for the Miscellaneous Retirement Plan members. In accordance with provisions of the Public Employees Retirement Law, as amended, employees retiring may elect to: A. Convert all of their unused sick leave to service credit; OR B. If the retiring employee has 10 continuous years of permanent employment with the County, upon retirement the employee may elect to receive up to 25% of his/her unused sick leave as pay at the regular rate of pay in accordance with Section 19.13 of this Article and convert the remaining balance of unused sick leave to service credit.

Convert Unused Sick Leave for CalPERS Service Credit Upon Retirement. ‌ The County contracted with CalPERS to provide Section 20965 Unused Sick Leave conversion for the Miscellaneous Retirement Plan members. In accordance with provisions of the Public Employees Retirement Law, as amended, employees retiring may elect to: A. Convert all of their unused sick leave to service credit; OR B. If the retiring employee has 10 continuous years of permanent employment with the County, upon retirement the employee may elect to receive up to 25% of his/her unused sick leave as pay at the regular rate of pay in accordance with Section 19.13 of this Article and convert the remaining balance of unused sick leave to service credit.

Convert Unused Sick Leave for CalPERS Service Credit Upon Retirement. The County contracted contracts with CalPERS to provide Section 20965 Unused Sick Leave conversion for both the Miscellaneous and Safety Retirement Plan members. In accordance with provisions of the Public Employees Retirement Law, as amended, employees retiring may elect to: A. Convert all of their unused sick leave to service credit; OR B. If the retiring employee has 10 continuous years of permanent employment with the County, upon retirement the employee may elect to receive up to 25% of his/her unused sick leave as pay at the regular rate of pay in accordance with Section 19.13 15.13 of this Article and convert the remaining balance of unused sick leave to service credit.

Convert Unused Sick Leave for CalPERS Service Credit Upon Retirement. The County contracted with CalPERS to provide Section 20965 Unused Sick Leave conversion for the Miscellaneous Retirement Plan members. In accordance with provisions of the Public Employees Retirement Law, as amended, employees retiring may elect to: A. Convert all of their unused sick leave to service credit; OR B. If the retiring employee has 10 ten (10) continuous years of permanent employment with the County, upon retirement the employee may elect to receive up to 25% twenty-five percent (25.0%) of his/her their unused sick leave as pay at the regular rate of pay in accordance with Section 19.13 of this Article and convert the remaining balance of unused sick leave to service credit.with