PAYMENT FOR ACCRUED SICK LEAVE. Any employee who has been employed by the Board for a period of ten (10) years or more shall be paid $100.00 per day for no more than 209 unused accumulated sick leave days if said employee retires during the 2008-09, 2009-2010 or 2010-2011 school year. This paragraph shall not apply to any employee whose employment is terminated as a result of a decision of an administrative agency or a court of competent jurisdiction. If an employee dies while employed, this benefit shall be paid to the employee's estate.
PAYMENT FOR ACCRUED SICK LEAVE. 28.9.1 Upon retirement after ten (10) years of state service in Ohio and in accordance with criteria established by the State Teachers Retirement System (STRS) or death after ten (10) years of state service in Ohio, the Bargaining Unit Faculty Member or his or her estate will receive cash payment for one-fourth of the value of all unused accrued sick leave, up to a maximum of 30 days (240 hours), based on the rate of compensation for that Member at the time of separation from the University. The formula to be used in the calculation of sick leave pay-out for fiscal year Bargaining Unit Faculty Members is the same as used for vacation pay-out as specified in Section 28.3.1. The formula to be used in the calculation of sick leave pay out for Bargaining Unit Faculty Members with academic year appointments is: Academic year salary ÷ 9 months = monthly salary Monthly salary ÷ 21.667 days = daily pay Daily pay ÷ 8 hours = hourly pay
PAYMENT FOR ACCRUED SICK LEAVE. 16.5.1 Employees shall be eligible for payment of accrued sick leave in accordance with the Employee Handbook.
PAYMENT FOR ACCRUED SICK LEAVE. Any employee who has been employed by the Board for a period of ten (10) years or more shall be paid $65.00 per day for no more than 185 unused accumulated sick leave days if said employee retires during the 2001-02 school year; $70.00 per day for no more that 190 days if said employee retires during the 2002-2003 school year and $75.00 per day for no more than 195 days if said employee retires during the 2003-2004 school year. This paragraph shall not apply to any employee whose employment is terminated as a result of a decision of an administrative agency or a court of competent jurisdiction. If an employee dies while employed, this benefit shall be paid to the employee's estate.
PAYMENT FOR ACCRUED SICK LEAVE. 1. During any years of employment, an employee having more than 50 sick days credit may cash in the unused sick days at one-half of the “cash value” thereof. The employee must notify the Township prior to December 1st of the end of the year. The employee shall receive the payment in January of the subsequent year.
PAYMENT FOR ACCRUED SICK LEAVE. Any employee who terminates from Xxxxx County for any reason other than disciplinary proceedings has the option of retaining their sick leave balance or selling such days back to the district under the following conditions and at the rate listed below.
PAYMENT FOR ACCRUED SICK LEAVE. 29.9.1 Upon retirement after ten (10) years of state service in Ohio and in accordance with criteria established by the State Teachers Retirement System (STRS) or death after ten (10) years of state service in Ohio, the Member or their estate will receive cash payment for one-fourth of the value of all unused accrued sick leave, up to a maximum of 30 days (240 hours), based on the rate of compensation for that Member at the time of separation from the University. The formula to be used in the calculation of sick leave pay-out for fiscal year Members is the same as used for vacation pay-out as specified in Section 29.3.1. The formula to be used in the calculation of sick leave pay out for Members with academic year appointments is: Academic year salary ÷ 9 months = monthly salary Monthly salary ÷ 21.667 days = daily pay Daily pay ÷ 8 hours = hourly pay
PAYMENT FOR ACCRUED SICK LEAVE. A. All sick hours will be converted to day by having the total number of hours divided by 8.83. During any year of employment, an employee having more than 50 sick days credit may cash in the unused sick days at one— half of the “cash value” thereof. The employee must notify the Township prior to December 1st of the end of the year. The’ employee shall receive the payment in January of the subsequent year.
PAYMENT FOR ACCRUED SICK LEAVE. Any employee who has been employed by the Board for a period of ten (10) years or more and who leaves such employment shall be paid $63.00 per day for the 2008-2009 school year, $66.00 per day for the 2009-2010 school year and $69.00 per day for the 2010-2011 school year for each unused accumulated sick day for no more than 175 days for the 2008-2009 school year, 183 days for the 2009-2010 school year and 191 days for the 2010-2011 school year. This provision shall not apply to any employee whose employment is terminated as a result of a decision of an administrative agency or a Court of competent jurisdiction. In the event of death, any monies due shall be paid to the employee’s estate.
PAYMENT FOR ACCRUED SICK LEAVE. Any unit member who has been employed by the Board for a period of ten (10) years or more and who leaves such employment shall be paid $54.00 per day for no more than 151 days for the 2005-2006 school year; $57.00 per day for no more than 159 days for the 2006-2007 school year; and $60.00 per day for no more than 167 days for the 2007-2008 school year for each unused accumulated sick This provision shall not apply to any unit member whose employment is terminated as a result of a decision of an administrative agency or a Court of competent jurisdiction. In the event of death, any monies due shall be paid to the unit member’s estate.
