Other Retirement Pay. At the faculty member’s discretion, payment of unused sick leave may be made in a lump sum payment or may be sent to the faculty member’s deferred compensation plan. Employees may choose to receive a vacation leave lump sum payment or to have either a portion of or all of the funds sent to their deferred compensation plan for investment.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Other Retirement Pay. At the faculty member’s discretion, payment of unused sick leave may be made in a lump sum payment or may be sent to the faculty member’s deferred compensation plan. Employees Faculty may choose to receive a vacation leave lump sum payment or to have either a portion of or all of the funds sent to their deferred compensation plan for investment.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement