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: 1. The applicable dollar amount of the employee's unused sick leave shall be calculated as follows: 50% of the employee's contracted daily rate at the time of retirement or resignation, termination due to reduction-in-force, or death multiplied by the number of unused sick days, not to exceed the maximum days accumulation as defined in Section DD, Paragraph 9a. 2. If the employee dies after 18 creditable years of service to the Omaha Public Schools, the applicable dollar amount of the employee's unused sick leave shall be paid to the employee's estate in a lump sum within 60 days of the employee's death. 3. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is less than 10, the applicable dollar amount of the employee's unused sick leave shall be paid in a lump sum to the employee within 60 days of such resignation or retirement. 4. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is 10 or more, the applicable dollar amount of the employee's unused sick leave shall be applied to provide supplemental retirement income benefits and/or post-retirement medical care benefits pursuant to the terms and conditions of the Omaha Public Schools Accumulated Sick Leave Conversion Plan. The employee shall not have any option to receive a cash payment of the applicable dollar amount of the unused sick leave or to have the unused sick leave applied to provide any form of benefit that is not provided under the Omaha Public Schools Accumulated Sick Leave Conversion Plan. A full-time certificated employee who is terminated from employment because of a reduction-in-force shall, regardless of the number of the employee's creditable years of service to the Omaha Public Schools, be paid the applicable dollar amount of the employee's unused sick leave in a lump sum within 60 days of such termination.
Appears in 2 contracts
Sources: Master Agreement, Master Agreement
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 SchoolsDistrict, 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:
1. : The applicable dollar amount of the employee's unused sick leave shall be calculated as follows: 50% of the employee's contracted daily rate at the time of retirement or resignation, termination due to reduction-in-force, or death multiplied by the number of unused sick days, not to exceed the maximum days accumulation as defined in Section DDIV, A, Paragraph 9a.
21. If the employee dies after 18 creditable years of service to the Omaha Public SchoolsDistrict, the applicable dollar amount of the employee's unused sick leave shall be paid to the employee's estate in a lump sum within 60 days of the employee's death.
3. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is less than 10, the applicable dollar amount of the employee's unused sick leave shall be paid in a lump sum to the employee within 60 days of such resignation or retirement.
4. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is 10 or more, the applicable dollar amount of the employee's unused sick leave shall be applied to provide supplemental retirement income benefits and/or post-retirement medical care benefits pursuant to the terms and conditions of the Omaha Public Schools District's Accumulated Sick Leave Conversion Plan. The employee shall not have any option to receive a cash payment of the applicable dollar amount of the unused sick leave or to have the unused sick leave applied to provide any form of benefit that is not provided under the Omaha Public Schools District's Accumulated Sick Leave Conversion Plan. A full-time certificated employee who is terminated from employment because of a reduction-in-force shall, regardless of the number of the employee's creditable years of service to the Omaha Public SchoolsDistrict, be paid the applicable dollar amount of the employee's unused 1mused sick leave in a lump sum within 60 days of such termination.
Appears in 1 contract
Sources: Master Agreement
Payment for Accumulated Sick Leave. Beginning with employees retiring during the 2005-2006 school yearafter September 1, 2006, an applicable dollar amount of the unused sick leave accumulated by a full-time certificated covered employee who resigns or dies after 18 20 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:
1. The applicable dollar amount of the employee's unused sick leave shall be calculated as follows: 50% of the employee's contracted daily rate at the time of retirement or resignation, termination due to reduction-in-force, or death multiplied by the number of unused sick days, not to exceed the maximum days accumulation as defined in Section DD, Paragraph 9a4.17.
2. If the employee dies after 18 20 creditable years of service to the Omaha Public Schools, the applicable dollar amount of the employee's unused sick leave shall be paid to the employee's estate in a lump sum within 60 days of the employee's death.
3. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is less than 10, the applicable dollar amount of the employee's unused sick leave shall be paid in a lump sum to the employee within 60 days of such resignation or retirement.
4. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is 10 or more, the applicable dollar amount of the employee's unused sick leave shall be applied to provide supplemental retirement income benefits and/or post-retirement medical care benefits pursuant to the terms and conditions of the Omaha Public Schools Accumulated Sick Leave Conversion Plan. The employee shall not have any option to receive a cash payment of the applicable dollar amount of the unused sick leave or to have the unused sick leave applied to provide any form of benefit that is not provided under the Omaha Public Schools Accumulated Sick Leave Conversion Plan. A full-time certificated classified employee who is terminated from employment because of a reduction-in-force shall, regardless of the number of the employee's creditable years of service to the Omaha Public Schools, be paid the applicable dollar amount of the employee's unused sick leave in a lump sum within 60 days of such termination.
Appears in 1 contract
Sources: Educational Services
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 SchoolsDistrict, 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:
1. : The applicable dollar amount of the employee's unused sick leave shall be calculated as follows: 50% of the employee's contracted daily rate at the time of retirement or resignation, termination due to reduction-in-force, or death multiplied by the number of unused sick days, not to exceed the maximum days accumulation as defined in Section DDIV, A, Paragraph 9a.
21. If the employee dies after 18 creditable years of service to the Omaha Public SchoolsDistrict, the applicable dollar amount of the employee's unused sick leave shall be paid to the employee's estate in a lump sum within 60 days of the employee's death.
3. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is less than 10, the applicable dollar amount of the employee's unused sick leave shall be paid in a lump sum to the employee within 60 days of such resignation or retirement.
4. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is 10 or more, the applicable dollar amount of the employee's unused sick leave shall be applied to provide supplemental retirement income benefits and/or post-retirement medical care benefits pursuant to the terms and conditions of the Omaha Public Schools District's Accumulated Sick Leave Conversion Plan. The employee shall not have any option to receive a cash payment of the applicable dollar amount of the unused sick leave or to have the unused sick leave applied to provide any form of benefit that is not provided under the Omaha Public Schools District's Accumulated Sick Leave Conversion Plan. A full-time certificated employee who is terminated from employment because of a reduction-in-force shall, regardless of the number of the employee's ’s creditable years of service to the Omaha Public SchoolsDistrict, be paid the applicable dollar amount of the employee's unused sick leave in a lump sum within 60 days of such termination.
Appears in 1 contract
Sources: Master Agreement
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 SchoolsDistrict, or who retires through normal, early or disability retirement under the Omaha School Employees' Retirement System, or is terminated due to reduction in force, shall be paid or applied to provide supplemental retirement or post-retirement medical care benefits as follows:
1. : The applicable dollar amount of the employee's unused sick leave shall be calculated as follows: 50% of the employee's contracted daily rate at the time of retirement or resignation, termination due to reduction-in-force, or death multiplied by the number of unused sick days, not to exceed the maximum days accumulation as defined in Section DDIV, A, Paragraph 9a.
21. If the employee dies after 18 creditable years of service to the Omaha Public SchoolsDistrict, the applicable dollar amount of the employee's unused sick leave shall be paid to the employee's estate in a lump sum within 60 days of the employee's death.
3. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is less than 10, the applicable dollar amount of the employee's unused sick leave shall be paid in a lump sum to the employee within 60 days of such resignation or retirement.
4. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is 10 or more, the applicable dollar amount of the employee's unused sick leave shall be applied to provide supplemental retirement income benefits and/or post-retirement medical care benefits pursuant to the terms and conditions of the Omaha Public Schools District's Accumulated Sick Leave Conversion Plan. The employee shall not have any option to receive a cash payment of the applicable dollar amount of the unused sick leave or to have the unused sick leave applied to provide any form of benefit that is not provided under the Omaha Public Schools District's Accumulated Sick Leave Conversion Plan. A full-time certificated employee who is terminated from employment because of a reduction-in-force shall, regardless of the number of the employee's ’s creditable years of service to the Omaha Public SchoolsDistrict, be paid the applicable dollar amount of the employee's unused sick leave in a lump sum within 60 days of such termination.
Appears in 1 contract
Sources: Master Agreement
Payment for Accumulated Sick Leave. Beginning with employees retiring during the 2005-2006 school year, an applicable dollar amount of the unused Officers may receive payment for their accumulated sick leave in the following ways:
A. PAYMENT FOR CONVERSION OF SICK LEAVE HOURS Officers who have accumulated at least seven hundred and fifty (750) hours at a time determined by the CITY, may elect at that time to convert a full-time certificated employee who resigns portion of their accumulated sick leave hours to a cash payment. The maximum number of such sick leave hours which may be converted is one hundred and fifty (150). The sick leave hours requested to be converted by an officer shall be converted to a cash payment on a ratio of four for one (4:1). In other words, for each four (4) hours of sick leave which the officer elects to convert, he 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, she shall be paid or applied to provide supplemental retirement or post-retirement medical care benefits as follows:
for only one (1) hour. However, the total number of sick leave hours which are converted shall be deducted from the officer's total accumulated sick leave hours. The applicable dollar amount of the employee's unused this payment for these converted sick leave hours (based upon the four- for-one conversion ratio) shall be calculated as follows: 50% based upon an officer's regular straight-time hourly rate of pay in effect for the officer's regular position at the time announced by the CITY.
B. PAYMENT UPON SEPARATION FROM SERVICE Officers with twenty (20) years or more continuous service who resign, retire, or are otherwise permanently separated from the service of the employeeCITY shall, if they are eligible, be paid for a portion of their accumulated sick leave hours upon their separation from employment with the CITY. In the event of an officer's contracted daily rate death, this payment shall go to the officer's beneficiaries. The percentage of accumulated sick leave hours for which officers shall be paid at the time of retirement their separation from employment is as follows: Percent of Accumulated Percent of Accumulated Sick Leave Hours for Which Sick Leave Hours for Which Payment Will Be Made With Payment Will Be Made With Less Than One Year Advance At Least One Year Advance Written Notice of Retirement Written Notice of Retirement Total Hours Accrued and Paid Into Officers' and Paid Into Officers' Less than 500 hours 6070% 7080% 500 - 599 6575% 7585% 600 - 699 7080% 8090% 700 - 799 7585% 8595% 800 or resignationmore 8090% 90100% For the purposes of this Section, termination due to reduction-in-forceyears of continuous service shall mean an officer's "employment seniority", or death multiplied by the number of unused sick days, not to exceed the maximum days accumulation as that term is set forth and defined in Section DD, Paragraph 9a.
221.1A (Definition of Seniority). If the employee dies after 18 creditable years Officers that provide at least one year’s advance written notice of service their retirement to the Omaha Public Schools, Chief will receive the applicable dollar amount of the employee's unused higher sick leave buyout schedule as noted above. The notice of retirement shall be revocable, but in order to receive the increased buyout percentages, employees must have given at least one year’s advance written notice of retirement and retire from the Department. Without the one year advance notice employees will be paid the lower percentages set forth above. Notice of Retirement can only be given once second or subsequent notices shall be paid to out at the employee“less than One Year” rate. The amount of this payment for these accumulated sick leave hours (based upon the percentage which are eligible) shall be calculated based upon an officer's estate regular straight- time hourly rate of pay in a lump sum within 60 days effect for the officer's regular position on the last day of the employeeofficer's deathemployment.
3. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is less than 10, the applicable dollar amount of the employee's unused sick leave shall be paid in a lump sum to the employee within 60 days of such resignation or retirement.
4. If the number of the employee's unused sick leave days at the time of the employee's resignation or retirement is 10 or more, the applicable dollar amount of the employee's unused sick leave shall be applied to provide supplemental retirement income benefits and/or post-retirement medical care benefits pursuant to the terms and conditions of the Omaha Public Schools Accumulated Sick Leave Conversion Plan. The employee shall not have any option to receive a cash payment of the applicable dollar amount of the unused sick leave or to have the unused sick leave applied to provide any form of benefit that is not provided under the Omaha Public Schools Accumulated Sick Leave Conversion Plan. A full-time certificated employee who is terminated from employment because of a reduction-in-force shall, regardless of the number of the employee's creditable years of service to the Omaha Public Schools, be paid the applicable dollar amount of the employee's unused sick leave in a lump sum within 60 days of such termination.
Appears in 1 contract
Sources: Labor Agreement