Common use of Old Sick Leave Bank Clause in Contracts

Old Sick Leave Bank. Sick time accumulated prior to January 1, 1999 will be placed in the employee’s Old Sick Leave bank. Old sick leave, for those few employees who are covered by this provision will be governed by the previous negotiated language Each employee who has old sick bank hours may request an annual payoff of up to 200 hours per year. The request must be made in writing, to the Sheriff no later than May 1 of each year. So as to allow the Sheriff to include approved requests in his annual operating budget, the payout will occur on the second pay period in October following the request. The employee may request the payout in the form of a check, or a deposit to the MERS Health Care Savings Program (HCSP). Employees retiring from employment shall receive the balance of their old sick bank hours payable at their current rate of pay in the form of either a check, a payment to the MERS (HCSP) or a combination of the two. Employees hired prior to January 1, 1999 may elect 480 hours of service credit in lieu of payout.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Old Sick Leave Bank. Sick time accumulated prior to January 1, 1999 will be placed in the employee’s Old Sick Leave bank. Old sick leave, for those few employees who are covered by this provision will be governed by the previous negotiated language Each employee who has old sick bank hours may request an annual payoff of up to 200 hours per year. The request must be made in writing, to the Sheriff no later than May 1 of each year. So as to allow the Sheriff to include approved requests in his his/her annual operating budget, the payout will occur on the second pay period in October following the request. The employee may request the payout in the form of a check, or a deposit to the MERS Health Care Savings Program (HCSP). Employees retiring from employment shall receive the balance of their old sick bank hours payable at their current rate of pay in the form of either a check, a payment to the MERS (HCSP) or a combination of the two. Employees hired prior to January 1, 1999 may elect 480 hours of service credit in lieu of payout.

Appears in 2 contracts

Samples: Agreement, Agreement Between

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