Common use of Pay for Unused Sick Leave Clause in Contracts

Pay for Unused Sick Leave. All employees may elect to receive up to forty (40) hours of their unused annual sick leave accrual (maximum of 144 hours) as cash on their first paycheck in December provided at least forty (40) hours of accrued sick leave remains after the aforesaid payout. If cash payment is not elected, the unused portion of sick leave will be added to cumulative sick leave balance or converted to accrued vacation at the option of the employee.

Pay for Unused Sick Leave. All employees may elect to receive up to forty one-third (401/3) hours of their unused annual sick leave accrual (maximum of 144 32 hours) as cash on their first paycheck in December provided at least forty (40) hours of accrued sick leave remains after the aforesaid payoutDecember. If cash payment is not elected, the unused portion of sick leave will be added to cumulative sick leave balance balance, or converted to accrued vacation at the option of the employee.

Pay for Unused Sick Leave. All employees Members of the bargaining unit may elect to receive up to forty (40) hours 1/3 of their unused annual sick leave accrual (maximum of 144 64 hours) as in the form of a cash contribution into their deferred compensation accounts on their the first paycheck payroll in December provided at least forty (40) hours of accrued sick leave remains after the aforesaid payoutDecember. If cash payment deferred compensation is not electedelected as an option, the unused portion of sick leave will be added to cumulative sick leave balance or converted to accrued vacation at the option of the employeebalance.