Common use of Employees hired July 1, 2000, or After Clause in Contracts

Employees hired July 1, 2000, or After. Upon retirement under the NH Retirement System, an employee will receive payment for the accrued sick leave balance in his account up to 50% of the total amount of sick leave accrued (up to a maximum of 180 days) for full-time employees averaging 37½ hours a week, calculated at the current rate of pay on the day of retirement.

Employees hired July 1, 2000, or After. Upon retirement under the NH Retirement System, an employee will receive payment for the accrued sick leave balance in his account up to 5020% of the total amount of sick leave accrued (up to a maximum of 180 days) for full-time employees averaging 37½ hours a week, calculated at the current rate of pay on the day of retirement.