Common use of Payment for Accumulated Sick Leave Clause in Contracts

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. 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 his/her 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 his/her 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 his/her 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 State of Nevada PERSPublic Employees Retirement System. It shall also be understood that the employee retiring shall be paid, unless terminated for "cause."