Leave cash-outs. Leave cash-outs means payments for unused accrued bona fide sick, vacation, or other leave, but only if the Employee would have been able to use the leave if employment had continued and if Compensation would have included those amounts if they were paid prior to the Participant's Severance from Employment.
Leave cash-outs. A. Alternative Leave Cash Out Upon Separation
1. Upon separation from county employment, the County will pay an employee a combined total for accrued alternative leave up to a maximum of three hundred (300) hours. In the event of the death of an employee, the County will pay the legal beneficiary the employee’s accrued alternative leave, up to a maximum payment of three hundred sixty hours (360) hours.
2. Extra Alternative Leave Cash-out A terminating employee may be entitled to an extra cash out paid at one-half of the number of remaining alternative leave hours, up to a maximum value of 340 additional hours, if the employee completed at least five (5) years of service with the county and:
a. is retiring under the PERS, PSERS or LEOFF system; or
b. qualifies for and is taking a disability retirement that prevents the employee from working; or
c. in the event of the employee’s death. If the bargaining unit membership elects to participate in the County VEBA plan in accordance with Article 8.5, the cash out as a result of PERS, PSERS, LEOFF or disability retirement will be placed in the VEBA account. Death benefit cash out will be paid directly to the beneficiary.
Leave cash-outs. Compensation shall include leave cash-outs if those amounts would have been included in the definition of Compensation if they were paid prior to the Participant's severance from employment with the Employer, and the amounts are for unused accrued bona fide sick, vacation, or other leave, but only if the Participant would have been able to use the leave if employment had continued.
