Common use of Death or Retirement Clause in Contracts

Death or Retirement. At the time of separation from school district employment due to retirement or death, an eligible employee, or the employee’s estate, shall receive remuneration at a rate equal to one (1) day’s current monetary compensation of the employee for each four (4) full day’s accrued sick leave for illness or injury up to 180 days.

Death or Retirement. At the time of separation from school district employment due to retirement or death, an eligible employee, or the employee’s employee‘s estate, shall receive remuneration at a rate equal to one (1) day’s day‘s current monetary compensation of the employee for each four (4) full day’s day‘s accrued sick leave for illness or injury up to 180 days.