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
Appears in 5 contracts
Samples: Collective Bargaining Contract, Collective Bargaining Contract, Collective Bargaining Contract
