Common use of Payment for Sick Leave on Retirement Clause in Contracts

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER who retires shall be paid for his/her unused sick leave, in accordance with the schedule set forth in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 75 to 149 days 20 150 to 224 days 30 225 to 299 days 40 300 and over 50 3. Eligibility for payment under subsection 2. above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBER. b. Disability retirement under the State Employees’ Retirement System or the Public School Employees’ Retirement System. For purposes of this subsection, a retirement under an Alternative Retirement Plan (see Article 20.C.) shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY positions. 4. Such a FACULTY MEMBER shall not be paid for part days of accumulated sick leave. 5. If a FACULTY MEMBER dies while in active service, unused sick leave shall be paid in accordance with Section E.2. above to the designated beneficiaries of the deceased FACULTY MEMBER provided the FACULTY MEMBER would have been eligible under Section 3.a. above or the FACULTY MEMBER had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBER. 6. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER or to the retirement covered compensation of the member. 7. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER on the date of retirement or death.

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER COACH who retires shall be paid for his/her their unused sick leave, leave in accordance with the schedule set forth below if they retire in accordance with the conditions in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 75 to 149 days 20 150 to 224 days 30 225 to 299 days 40 300 and over 50 32. Eligibility for payment under subsection 2. 1 above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBERCOACH. b. Disability retirement under the State Employees’ Retirement System System, or the Public School Employees’ Retirement System. For purposes of this subsection, a retirement under an the Alternative Retirement Plan (see Article 20.C.) shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E.C. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER COACH but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY coaching positions. 43. Such a FACULTY MEMBER A COACH shall not be paid for part days of accumulated sick leave. 54. If a FACULTY MEMBER COACH dies while in active service, unused sick leave shall be paid in accordance with Section E.2. 1.D.1 above to the designated beneficiaries of the deceased FACULTY MEMBER COACH provided that the FACULTY MEMBER COACH would have been eligible under Section 3.a1.D.2. above or the FACULTY MEMBER COACH had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBERCOACH. 65. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER COACH or to the retirement covered compensation of the member. 76. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER COACH on the date of retirement or deathretirement.

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER who retires shall be paid for his/her their unused sick leave, in accordance with the schedule set forth in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 75 to 149 days 20 150 to 224 days 30 225 to 299 days 40 300 and over 50 3. Eligibility for payment under subsection 2. above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBER. b. Disability retirement under the State Employees’ Retirement System or the Public School Employees’ Retirement System. For purposes of this subsection, a retirement under an Alternative Retirement Plan (see Article 20.C.) shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY positions. 4. Such a FACULTY MEMBER shall not be paid for part days of accumulated sick leave. 5. If a FACULTY MEMBER dies while in active service, unused sick leave shall be paid in accordance with Section E.2. above to the designated beneficiaries of the deceased FACULTY MEMBER provided the FACULTY MEMBER would have been eligible under Section 3.a. above or the FACULTY MEMBER had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBER. 6. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER or to the retirement covered compensation of the member. 7. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER on the date of retirement or death.fifty

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER who retires shall be paid for his/her unused sick leave, in accordance with the schedule set forth in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 75 to 149 days 20 150 to 224 days 30 225 to 299 days 40 300 and over 50 3. Eligibility for payment under subsection 2. above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBER. b. Disability retirement under the State Employees’ Retirement System or the Public School EmployeesEmployes’ Retirement System. For purposes of this subsection, a retirement under an Alternative Retirement Plan (see Article 20.C.) TIAA-CREF shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY positions. 4. Such a FACULTY MEMBER shall not be paid for part days of accumulated sick leave. 5. If a FACULTY MEMBER dies while in active service, unused sick leave shall be paid in accordance with Section E.2. above to the designated beneficiaries of the deceased FACULTY MEMBER provided the FACULTY MEMBER would have been eligible under Section 3.a. above or the FACULTY MEMBER had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBER. 6. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER or to the retirement covered compensation of the member. 7. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER on the date of retirement or death.

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER COACH who retires shall be paid for his/her unused sick leave, leave in accordance with the schedule set forth below if they retire in accordance with the conditions in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 75 to 149 days 20 150 to 224 days 30 225 to 299 days 40 300 and over 50 32. Eligibility for payment under subsection 2. 1 above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBERCOACH. b. Disability retirement under the State Employees’ Retirement System System, or the Public School Employees’ Retirement System. For purposes of this subsection, a retirement under an the Alternative Retirement Plan (see Article 20.C.) shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E.C. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER COACH but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY coaching positions. 43. Such a FACULTY MEMBER A COACH shall not be paid for part days of accumulated sick leave. 54. If a FACULTY MEMBER COACH dies while in active service, unused sick leave shall be paid in accordance with Section E.2. 1.D.1 above to the designated beneficiaries of the deceased FACULTY MEMBER COACH provided that the FACULTY MEMBER COACH would have been eligible under Section 3.a1.D.2. above or the FACULTY MEMBER COACH had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBERCOACH. 65. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER COACH or to the retirement covered compensation of the member. 76. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER COACH on the date of retirement or deathretirement.

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER COACH who retires shall be paid for his/her unused sick leave, leave in accordance with the schedule set forth below if they retire in accordance with the conditions in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 Days Accumulated Days Paid 75 to 149 days 20 150 to 224 days 30 225 to 299 300 days 40 300 and over 5040 32. Eligibility for payment under subsection 2. 1 above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBERCOACH. b. Disability retirement under the State Employees’ Retirement System or the Public School Employees’ Retirement System. For purposes of this subsection, a retirement under an the Alternative Retirement Plan (see Article 20.C.) shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E.C. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER COACH but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY coaching positions. 43. Such a FACULTY MEMBER A COACH shall not be paid for part days of accumulated sick leave. 54. If a FACULTY MEMBER COACH dies while in active service, unused sick leave shall be paid in accordance with Section E.2. 1.D.1 above to the designated beneficiaries of the deceased FACULTY MEMBER COACH provided that the FACULTY MEMBER COACH would have been eligible under Section 3.a1.D.2. above or the FACULTY MEMBER COACH had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBERCOACH. 65. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER COACH or to the retirement covered compensation of the member. 76. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER COACH on the date of retirement or deathretirement.

Payment for Sick Leave on Retirement. 1. A FACULTY MEMBER who retires shall be paid for his/her unused sick leave, in accordance with the schedule set forth in subsection 2. below. 2. Upon retirement from the STATE SYSTEM/UNIVERSITIES, the following payment schedule shall apply: DAYS ACCUMULATED DAYS PAID 10 to 74 days 10 75 to 149 days 20 150 to 224 days 30 225 to 299 days 40 300 and over 50 3. Eligibility for payment under subsection 2. above shall be as follows: a. Retirement at age sixty (60) or above with five (5) years of COMMONWEALTH/STATE SYSTEM service as a FACULTY MEMBER. b. Disability retirement under the State Employees’ Retirement System or the Public School Employees’ Retirement System. For purposes of this subsection, a retirement under an Alternative Retirement Plan (see Article 20.C.) shall be considered disability retirement if the retiree meets the same disability retirement standards used by the State Employees’ Retirement System in accordance with the procedures provided for in Appendix E. c. Retirement under age sixty (60) with at least twenty-five (25) years of COMMONWEALTH/STATE SYSTEM service. The twenty-five (25) years of service need not all be as a FACULTY MEMBER but may include periods of COMMONWEALTH/STATE SYSTEM service in other than FACULTY positions. 4. Such a FACULTY MEMBER shall not be paid for part days of accumulated sick leave. 5. If a FACULTY MEMBER dies while in active service, unused sick leave shall be paid in accordance with Section E.2. above to the designated beneficiaries of the deceased FACULTY MEMBER provided the FACULTY MEMBER would have been eligible under Section 3.a. above or the FACULTY MEMBER had seven (7) full years of COMMONWEALTH/STATE SYSTEM service. In the event of a work-related death, fifty (50) days of unused sick leave shall be paid to the designated beneficiaries, regardless of the age or number of years of service of the FACULTY MEMBER. 6. No payment herein shall be construed to add to the credited service of the retiring FACULTY MEMBER or to the retirement covered compensation of the member. 7. Payment for unused sick leave as provided for in this Section shall be at the rate of pay of the FACULTY MEMBER on the date of retirement or death.