Common use of Minor Sick Leave Bank Clause in Contracts

Minor Sick Leave Bank. 1) Employees shall accrue and accumulate leave on a pro-rata basis into a Minor Sick Leave Bank at a rate of 2.15 hours per pay period. Sick leave hours within the Minor Sick Leave Bank may be used for all sick leave requests which are less than 24 consecutive work hours. 2) Once each year, employees will be offered the opportunity to exchange or cash in all minor sick leave bank hours in excess of twenty-four (24) hours that they have not utilized. 3) Employees may choose to exchange on an hour for hour basis the minor sick leave balance existing into either cash, annual leave or into the Major Sick Leave Bank. 4) If an employee fails to exercise an option within the allotted time frame, all hours in excess of twenty-four (24) hours within the Minor Sick Leave Bank will be transferred to the Major Sick Leave Bank. 5) Employees hired prior to January 1, 2013 who retire from the Hospital and qualify under Hospital policy shall be eligible for payment of all hours in the Minor Sick Leave Bank. Employees hired on or after January 1, 2013 who retire from the Hospital and qualify under Hospital policy shall be eligible for payment of fifty percent (50%) of hours in the Minor Sick Leave Bank. Such pay shall be paid at the employee’s regular straight time rate of pay. Vacation and sick leave hours shall not accumulate during such pay out. 6) Employees who are laid off from the Hospital shall be eligible for payment of all hours in their Minor Sick Leave Bank. 7) Once an employee has exhausted all Minor Sick Leave either annual leave, compensatory time (if eligible), or LWOP may be requested.