Common use of Cumulative Sick Leave Payout on Retirement, Termination, or Death Clause in Contracts

Cumulative Sick Leave Payout on Retirement, Termination, or Death. This provision shall apply for those employees who have cumulative sick leave to their credit, but is not applicable when a bargaining unit employee covered by the former CUPE Local 576 Collective Agreement as of the date of ratification or award of this Agreement is terminated for just cause. (a) Upon the completion of five (5) but less than ten (10) years’ service an employee upon the termination of employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed sixty (60) working days. (b) Upon the completion of ten (10) but less than fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 120 working days. (c) Upon the completion of fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 180 working days. (d) Upon the death of an employee, the estate shall be entitled to payment as outlined in clauses (a), (b) and (c). (e) Permanent employees on retiring in accordance with existing regulations shall be entitled to retirement leave to the extent of sick leave at their credit, up to a maximum of 180 working days. Retirement leave may be taken in the form of an equivalent cash out taken upon retirement or it may be taken in the form of paid leave to be taken immediately prior to the date of retirement. Compulsory retirement age for all employees is 65.

Cumulative Sick Leave Payout on Retirement, Termination, or Death. This provision shall apply for those employees who have cumulative sick leave to their credit, but is not applicable when a bargaining unit employee covered by the former CUPE Local 576 Collective Agreement as of the date of ratification or award of this Agreement is terminated for just cause. (a) Upon the completion of five (5) but less than ten (10) years’ service an employee upon the termination of employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay ofpay earned at the time of termination and shall not exceed sixty (60) working days. (b) Upon the completion of ten (10) but less than fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 120 working days. (c) Upon the completion of fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of portionof his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 180 working days. (d) Upon the death of an employee, the estate shall be entitled to payment as outlined in clauses (a), (b) and (c). (e) Permanent employees on retiring in accordance with existing regulations shall be entitled to retirement leave to the extent of sick leave at their credit, up to a maximum of 180 working days. Retirement leave may be taken in the form of an equivalent cash out taken upon retirement or it may be taken in the form of paid leave to be taken immediately prior to the date of retirement. Compulsory retirement age for all employees is 65.

Cumulative Sick Leave Payout on Retirement, Termination, or Death. This provision shall apply for those employees who have cumulative sick leave to their credit, but is not applicable when a bargaining unit employee covered by the former CUPE Local 576 Collective Agreement as of the date of ratification or award of this Agreement is terminated for just cause. (a) Upon the completion of five (5) but less than ten (10) years’ service an employee upon the termination of employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay ofpay earned at the time of termination and shall not exceed sixty (60) working days. (b) Upon the completion of ten (10) but less than fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 120 working days. (c) Upon the completion of fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 180 working days. (d) Upon the death of an employee, the estate shall be entitled to payment as outlined in clauses (a), (b) and (c). (e) Permanent employees on retiring in accordance with existing regulations shall be entitled to retirement leave to the extent of sick leave at their credit, up to a maximum of 180 working days. Retirement leave may be taken in the form of an equivalent cash out taken upon retirement or it may be taken in the form of paid leave to be taken immediately prior to the date of retirement. Compulsory retirement age for all employees is 65.

Cumulative Sick Leave Payout on Retirement, Termination, or Death. This provision shall apply for those employees who have cumulative sick leave to their credit, but is not applicable when a bargaining unit employee covered by the former CUPE Local 576 Collective Agreement as of the date of ratification or award of this Agreement is terminated for just cause. (a) Upon the completion of five (5) but less than ten (10) years’ service an employee upon the termination of employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed sixty (60) working days. (b) Upon the completion of ten (10) but less than fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 120 working days. (c) Upon the completion of fifteen (15) years’ service, an employee upon termination of his employment shall be paid 50% of the unused portion of his sick leave credit. Payment shall be at the rate of pay earned at the time of termination and shall not exceed 180 working days. (d) Upon the death of an employee, the estate shall be entitled to payment as outlined in clauses (a), (b) and (c). (e) Permanent employees on retiring in accordance with existing regulations shall be entitled to retirement leave to the extent of sick leave at their credit, up to a maximum of 180 working days. Retirement leave may be taken in the form of an equivalent cash out taken upon retirement or it may be taken in the form of paid leave to be taken immediately prior to the date of retirement. Compulsory retirement age for all employees is 65.