Pay for Unused Sick Days Sample Clauses

Pay for Unused Sick Days. Upon resignation, retirement, or death, employees who have served the Xxxx-Xxxxx Creek Consolidated School District for a minimum of five (5) years shall be compensated at a rate of thirty-five dollars ($35) per day for each unused day up to the maximum accumulation of one hundred sixty (160) days. In the event of an employee’s death, the compensation shall be forwarded to the designated beneficiary within sixty (60) calendar days.
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Pay for Unused Sick Days. Each employee with a minimum of five (5) year's service in the district and a minimum of thirty (30) accumulated sick leave days shall, upon voluntary resignation or retirement from the district, receive payment of forty dollars ($40) for each accumulated day up to the maximum allowable accumulation of one hundred eighty (180) days.
Sample 1
Pay for Unused Sick Days. After a teacher has accumulated 120 days of sick leave, the teacher will be paid for any additional days he/she earns (up to 12 per year) that are not used during the school year. The rate of pay for these unused sick leave days will be $35.00 per day.
Sample 1
Pay for Unused Sick Days. An employee may request and receive pay for unused sick leave under the following circumstances: 1. Employees that receive compensation for unused sick leave days under this provision will have that sick leave day removed from their accumulated sick leave balance. 2. Claims must be filed during the two week period after June 30th (up until July 14) of each year based upon the employee having a balance of at least 60 days in their personal sick leave bank on June 30th (last day of the fiscal year.) 3. Claims will be reimbursed on the next regularly scheduled pay period provided the claim was received by the business office at least 1 week prior to that date. 4. The employee must be employed by Edwardsville School District at the time of the claim and at the time of disbursement. The following schedule will be used to compute the reimbursement amounts. If an employee does not use any sick leave days he/she will be entitled to claim pay for up to 5 days out of the 10 and/or 12 days, as applicable, he/she was originally awarded at the beginning of the work year. Unclaimed sick leave days will be added to the employee’s personal sick leave bank to be used in case of an extended illness and will accumulate toward the 340 day maximum. 0 sick days used 5 1 sick day used 4 2 sick days used 3 3 sick days used 2 4 sick days used 1 5 or more sick days used 0 The amount reimbursed will be determined by multiplying the above number by 60% of the starting hourly rate for the employee’s classification X the number of hours per day the employee works.
Sample 1
Pay for Unused Sick Days. A teacher who has 127-179 sick days accumulated as 40 of the last teacher contract day of the school year will be paid for 3 unused sick days at a rate $175 41 per day. Teachers may opt out of this program and continue to bank their sick days by informing the 42 District Office annually by June 1 of their decision to opt out. Payment shall be in the form of a 43 District contribution to that teacher’s Health Savings Account (HSA) or Health Reimbursement 44 Account (HRA). Payment shall be made with the June 30 payroll. These paid days will be deducted 45 from the annual Sick Days account and may not be banked. 46 A teacher who has 180 sick days accumulated as of the last teacher contract day of the 47 school year will be paid for an additional 5 unused Sick Days at a rate of $175 per day. Payment 48 shall be made in the form of a District contribution to the teacher’s qualifying HSA or HRA account.
Sample 1
Pay for Unused Sick Days. At the time of retirement of any member of the Unit, the Employer agrees to pay the retiring employee for unused sick leave accumulated by the employee at the rate of one half the highest daily CAIU substitute rate for professional employees plus an additional $10 per day. The non-elective, employer contribution required under this section shall be made to a 403(b) tax sheltered annuity established for the employee and, under no circumstances, shall the employee be entitled to receive any payment directly. Notwithstanding the foregoing, the non-elective, employer contribution shall be reduced by any amount that results in annual additions on behalf of the employee to 403(b) tax sheltered annuities exceeding the contribution limits under Section 415(c) of the Internal Revenue Code of 1986, as amended (“Code”) or any other contribution limits under the Code or applicable Treasury Regulations. In the event that any contribution amount would exceed such limits, the excess amount shall be contributed in the following year to the extent that the excess amount does not exceed the contribution limits under Section 415(c) of the Code or any other contribution limits under the Code or applicable Treasury Regulations for such following year. Employee will agree to indemnify and hold harmless the CAIU, its agents, employees, and board members from any claim, which the IRS or the Pennsylvania Department of Revenue could assert with respect to this specific provision in the Act 93 Agreement and the transactions described herein.
Sample 1

Related to Pay for Unused Sick Days

  • Payment for Unused Sick Leave (a) An employee with less than ten (10) years of FIU service who separates from FIU shall not be paid for any unused sick leave. (b) An employee who has completed ten (10) or more years of FIU service, has not been found guilty or has not admitted to being guilty of committing, aiding, or abetting any embezzlement, theft, or bribery in connection with State government, or has not been found guilty by a court of competent jurisdiction of having violated any State law against or prohibiting strikes by public employees, and separates from FIU because of retirement for other than disability reasons, termination, or death, shall be compensated at the employee's current regular hourly rate of pay for one-eighth of all unused sick leave accrued prior to October 1, 1973, plus one- fourth of all unused sick leave accrued on or after October 1, 1973; provided that one-fourth of the unused sick leave since 1973 does not exceed 480 hours. The compensation in this paragraph 8(4)(b) shall not be given to an employee who starts employment at FIU on or after July 1, 2006. (c) Upon layoff, an employee with ten (10) or more years of FIU service shall be paid for unused sick leave as described in paragraph b., above, unless the employee requests in writing that unused sick leave be retained pending re-employment. For an employee who is re-employed by the University within twelve (12) calendar months following layoff, all unused sick leave shall be restored to the employee, provided the employee requests such action in writing and repays the full amount of any lump sum leave payments received at the time of layoff. An employee who is not re- employed within twelve (12) calendar months following layoff shall be paid for sick leave in accordance with this Policy. (d) All payments for unused sick leave shall be made in lump sum and shall not be used in determining the average final compensation of an employee in any State administered retirement system. An employee shall not be carried on the payroll beyond the last official day of employment, except that an employee who is unable to perform duties because of a disability may be continued on the payroll until all sick leave is exhausted. (e) If an employee has received a lump sum payment for accrued sick leave, the employee may elect in writing, upon re-employment within 100 days, to restore the employee's accrued sick leave. Restoration will be effective upon the repayment of the full lump sum leave payment. (f) In the event of the death of an employee, payment for unused sick leave at the time of death shall be made to the employee's beneficiary, estate, or as provided by law.

  • Unused Sick Leave The accrual of unused sick leave hours is unlimited. The City and the Union commit to the evaluation and establishment of a mutually beneficial non-use of sick leave incentive and pay-out policy. Until such time that a policy is established, accumulated sick leave shall be compensated as follows: Upon retirement from the City service, an employee shall be paid sixty percent (60%) of his accumulated sick leave, with the rate of payment based upon his regular pay at the time he retires. Upon the death of an employee, his beneficiary shall be paid sixty percent (60%) of his accumulated unused sick leave, with the payment based upon his regular pay at the date of his death.

  • Christmas or New Year's Day Off The Employer agrees to make every reasonable effort to ensure that employees required to work shift shall have at least Christmas Day or the following New Year's Day off.

  • Pay Days The Employer shall pay salaries/wages bi-weekly, or as dictated by past practice, in accordance with Appendix "A" attached hereto and forming part of this Agreement. On each pay, each Employee shall be provided with an itemized statement of her salary/wages, overtime and other supplementary pay and deductions.

  • Holiday Coinciding with a Day of Vacation Where an employee is on vacation leave and a day of paid holiday falls within that period, the paid holiday shall not count as a day of vacation.

  • Holiday Falling on a Scheduled Workday An Employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double time and one-half (2½) for hours worked, plus a day off subject to this Agreement.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an Employee's vacation period, she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and the Employee.

  • Payment on Non-Business Days Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.

  • Sick Days Employees will be provided with 6 sick days per calendar year. Sick days are paid at 75% of the employee’s step rate.

  • How Much May I Contribute to a Xxxx XXX As a result of the Economic Growth and Tax Relief Reconciliation Act (“EGTRRA”) of 2001, the maximum dollar amount of annual contributions you may make to a Xxxx XXX is $5,500 for tax years beginning in 2013 with the potential for Cost-of-Living Adjustment (COLA) increases in $500 increments. However, these amounts are phased out or eliminated entirely if your adjusted gross income is over a certain level, as explained in more detail below. Year 2020 2021 Xxxx XXX Contribution Limit $6,000 $6,000 You may make annual contributions to a Xxxx XXX in any amount up to 100% of your compensation for the year or the maximum contribution limits shown in the table above, whichever is less. The limitation is reduced by any contributions made by you or on your behalf to any other individual retirement plan (such as a Traditional IRA) except SEP IRAs and SIMPLE IRAs. Your annual contribution limitation is not reduced by contributions you make to a Xxxxxxxxx Education Savings Account that covers someone other than yourself. In addition, qualifying rollover contributions and transfers are not subject to these limitations. If you are age 50 or older by the end of the year, you may make additional “catch-up” contributions to a Xxxx XXX. The “catch-up” contribution limit is $1,000 for tax years 2009 and beyond. If you are married and file a joint return, you may make contributions to your spouse’s Xxxx XXX. However, the maximum amount contributed to both your own and to your spouse’s Xxxx XXX may not exceed 100% of your combined compensation or the maximum contribution shown in the table above, whichever is less. The maximum amount that may be contributed to either your Xxxx XXX or your spouse’s Xxxx XXX is shown in the table above. Again, these dollar limits are reduced by any contributions made by or on behalf of you or your spouse to any other individual retirement plan (such as a Traditional IRA) except SEP IRAs and SIMPLE IRAs. Again, the limit is not reduced for contributions either of you make to a Xxxxxxxxx Education Savings Account for someone other than yourselves. As noted in Item 1, your eligibility to contribute to a Xxxx XXX depends on your AGI (as defined below). The amount that you may contribute to a Xxxx XXX is reduced proportionately for AGI which exceeds the applicable dollar amount. For the 2020 and 2021 tax years, the amount that you may contribute to your Xxxx XXX is as follows: Single Individual Year Eligible to Make a Contribution if AGI is Less Than: Eligible to Make a Partial Contribution if AGI is Between: Not Eligible to Make A Contribution if AGI is Over: 2020 $124,000 $124,000 - $139,000 $139,000 2021 & After - sub- ject to COLA increases $125,000 $125,000 - $140,000 $140,000 Married Individual Filing a Joint Income Tax Return Year Eligible to Make a Contribution if AGI is Less Than: Eligible to Make a Partial Contribution if AGI is Between: Not Eligible to Make A Contribution if AGI is Over: 2020 $196,000 $196,000 - $206,000 $206,000 2021 & After - sub- ject to COLA increases $198,000 $198,000 - $208,000 $208,000 If you are a married taxpayer filing separately, your contribution phases out over the first $10,000 of AGI, so that if your AGI is $10,000 or more you may not contribute to a Xxxx XXX for the year. Note that the amount you may contribute to a Xxxx XXX is not affected by your participation in an employer-sponsored retirement plan. To determine the amount you may contribute to a Xxxx XXX (assuming it does not exceed 100% of your compensation), you can refer to IRS Publication 590-A: Modified Adjusted Gross Income for Xxxx XXX Purposes and Determining Your Reduced Xxxx XXX Contribution Limit. The amount you contribute may not exceed the maximum contribution limits shown in the table above reduced by the amount contributed on your behalf to all other individual retirement accounts (except SEP IRAs and SIMPLE IRAs). Your contribution to a Xxxx XXX is not reduced by any amount you contribute to a Xxxxxxxxx Education Savings Account for the benefit of someone other than yourself. If you are the beneficiary of a Xxxxxxxxx Education Savings Account, additional limits may apply to you. Please contact your tax advisor for more information.

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