Common use of Payment for Sick Leave Clause in Contracts

Payment for Sick Leave. ‌ Each eligible employee who has used five (5) days or less of sick leave during the preceding calendar year may elect to receive pay for twenty-five percent (25%) of the sick leave earned during the preceding calendar year less the amount of such leave used during the same period. At the employee's option the payment for unused sick leave may be converted to equivalent vacation time. Employees shall express their preference no later than January 15 each year, and payment will occur no later than February 15 each year. When an employee elects to receive payment in cash or vacation time, the member's sick leave balance shall be reduced by the amount paid off in cash or converted to vacation. ▇▇▇▇ leave not converted to vacation or cash will remain on the employee's credit. To be eligible for this provision, an employee must have been a full-time employee for two (2) years prior to the calendar year on which the pay for unused sick leave calculation is based. Any employee who retires from City service other than for disability reasons shall be entitled to receive pay for sixty-five percent (65%) of the member's accumulated sick leave at the effective date of the member's retirement. If an employee dies while on the City's payroll, the member's estate shall receive the above - 65% cash out of the member's sick leave balance. Cash buyout of sick leave shall be computed at the officer’s regular, straight-time, base rate of pay including any applicable longevity and/or educational incentive premiums.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

Payment for Sick Leave. Each eligible employee who has used five (5) days or less of sick leave during the preceding calendar year may elect to receive pay for twenty-five percent (25%) of the sick leave earned during the preceding calendar year less the amount of such leave used during the same period. At the employee's option the payment for unused sick leave may be converted to equivalent vacation time. Employees shall express their preference no later than January 15 each year, and payment will occur no later than February 15 each year. When an employee elects to receive payment in cash or vacation time, the member's his/her sick leave balance shall be reduced by the amount paid off in cash or converted to vacation. ▇▇▇▇ leave not converted to vacation or cash will remain on the employee's credit. To be eligible for this provision, an employee must have been a full-time employee for two (2) years prior to the calendar year on which the pay for unused sick leave calculation is based. Any based.‌ Effective January 1, 1998, any employee who retires from City service other than for disability reasons shall be entitled to receive pay for sixty-five sixty percent (6560%) of the member's his/her accumulated sick leave at the effective date of the member's his/her retirement. If This section shall also apply to individuals who are still covered by the City's prior Police and Firemen's retirement fund. Effective upon ratification of this agreement, if an employee dies while on the City's payroll, the member's his/her estate shall receive the above - 6560% cash out of the member's his/her sick leave balance. This option is in lieu of the PERS credit option described in section 21.5 below. Cash buyout of sick leave shall be computed at the officer’s regular, straight-time, base rate of pay including any applicable longevity and/or educational incentive premiums.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

Payment for Sick Leave. Each eligible employee who has used five (5) days or less of sick leave during the preceding calendar year may elect to receive pay for twenty-five percent (25%) of the sick leave earned during the preceding calendar year less the amount of such leave used during the same period. At the employee's option the payment for unused sick leave may be converted to equivalent vacation time. Employees shall express their preference no later than January 15 each year, and payment will occur no later than February 15 each year. When an employee elects to receive payment in cash or vacation time, the member's sick leave balance shall be reduced by the amount paid off in cash or converted to vacation. ▇▇▇▇ leave not converted to vacation or cash will remain on the employee's credit. To be eligible for this provision, an employee must have been a full-time employee for two (2) years prior to the calendar year on which the pay for unused sick leave calculation is based. Any employee who retires from City service other than for disability reasons shall be entitled to receive pay for sixty-five percent (65%) of the member's accumulated sick leave at the effective date of the member's retirement. If an employee dies while on the City's payroll, the member's estate shall receive the above - 65% cash out of the member's sick leave balance. Cash buyout of sick leave shall be computed at the officer’s regular, straight-time, base rate of pay including any applicable longevity and/or educational incentive premiums.

Appears in 1 contract

Sources: Memorandum of Understanding