Payment for Accumulated Sick Leave. A. An employee will receive payment for accumulated sick leave in accordance with School Policy 2.14. Payment for such leave will be based on the following schedule:
Payment for Accumulated Sick Leave. A. At and after the normal retirement date or at the time of disability retirement, an employee, or his/her beneficiary if service is terminated by death, will receive terminal pay for accumulated sick leave pursuant to the following during: - The first three (3) years of service, the daily rate of pay multiplied by thirty- five (35) percent times the number of days of accumulated sick leave. - The next three (3) years of service, the daily rate of pay multiplied by forty
Payment for Accumulated Sick Leave. After twenty (20) years of service and the termination of employment in good standing, or upon retirement from the service of Camden County College as confirmed by the New Jersey Public Employee Retirement Systems, the Alternate Benefit Plan, or the New Jersey Teacher's Pension and Annuity Fund, an Association member shall receive a lump sum payment equal to $80.00 per day for not more than fifty percent (50%) of unused accumulated sick leave with the provision that:
Payment for Accumulated Sick Leave. A. At the time of an employee’s normal retirement, at the time of an employee’s participation in the Deferred Retirement Option Program (DROP), or on the occasion of payment to his/her beneficiary should service be terminated by death, an employee will receive terminal pay for accumulated sick leave pursuant to the following:
Payment for Accumulated Sick Leave. The City shall pay upon non-job related death of an employee or employee who has had ten (10) years of service with the City, payment equal to ten percent (10%) of employee’s total accumulated sick leave and an employee who has had twenty (20) years of service with the City, payment equal to fifteen percent (15%) of employee’s total accumulated Xxxx Leave earned with the City. In the event of a job-related death or total permanent disability as determined under Workers Compensation, the City shall pay 100% of the accumulated sick leave to employee’s beneficiary or estate. The payment shall be computed at the employee's hourly rate of compensation at retirement or death. Retirement shall mean retirement from the Nevada PERS. It shall also be understood that the employee retiring shall be paid, unless terminated for "cause."
Payment for Accumulated Sick Leave. A bargaining unit member who is retiring and is not eligible to receive the Retirement Incentive outlined in Article 16.3 may receive payment for their accumulated sick leave days at the rate of $40 per day. The above schedule shall apply to the number of sick leave days accumulated as of the prior June 30 for unit members who retire during a school year. Written notification must be provided to the Superintendent by February 1 of the year preceding retirement or, if retiring during the school year, must provide written notification to the Superintendent 120 days prior to the retirement date. This notification requirement may be waived by the Superintendent under extraordinary circumstances.
Payment for Accumulated Sick Leave. Eligible employees (those hired before December 31, 1983) who leave the municipal service in good standing, or who die while employed in good standing by the City, and who have fifteen or more years of continuous service, shall receive compensation for unused sick leave hours in a sum equal to two and one-half percent of their unused sick leave hours multiplied by their years of continuous service and their basic hourly rate of pay at termination. Full sick leave accrual will be paid in the event of termination due to disability. For new employees hired after December 31, 1983, sick leave accrual accumulation will be limited to 1,000 hours with no payoff provisions for unused balance at termination for any reason.
Payment for Accumulated Sick Leave. Upon retirement any member of the bargaining unit shall receive as payment for accumulated sick leave twenty percent (20%) of the total number of the accumulated sick days. This amount shall not be counted to calculate retirement benefits.
Payment for Accumulated Sick Leave a. An employee who retires from Town service shall receive payment for 75 percent of his/her accumulated sick leave. However, employees who retire due to a disability certified by the State Retirement System will receive payment for 100 percent of accumulated sick leave. Retire shall mean eligible to retire in accordance with the terms of the Rhode Island Municipal Employees Retirement System.
Payment for Accumulated Sick Leave. Beginning with employees retiring during the 2005-2006 school year, an applicable dollar amount of the unused sick leave accumulated by a full-time certificated employee who resigns or dies after 18 creditable years of service to the Omaha Public Schools, or who retires through normal, early or disability retirement under the Omaha School Employees' Retirement System, shall be paid or applied to provide supplemental retirement or post-retirement medical care benefits as follows:
