Payment for Unused Accumulated Sick Leave Sample Clauses

Payment for Unused Accumulated Sick Leave. Payment when separating from County employment for reasons of death or to becomea retirant member of the Michigan Municipal Employees ' Retirement System: An employee separating from County employment for these reasons shall receive three- quarters (3/4) pay for all unused accumulated Sick Leave, not to exceed one hundred eighty (180) days . Payment shall be based on the rate the employee is earning at the time of separation. For employees hired on or after the execution date of the contract, August 21, 2007, payment when separating from County employment for reasons of death or to become a retirant member of the Michigan Municipal Employees 'Retirement System: An employee separating from County employment for these reasons shall receive three-quarters (3/4) pay for all unused accumulated Sick Leave, up to ninety (90) days [maximum payout - sixty-seven and one-half (67) days]. Payment shall be based on the rate the employee is earning at the time of separation. Payment when separating from the County for reasons other than Retirement or Death; after completion of at least one (1) year of continuous County employment: Any employee separating for these reasons shall receive one-half (1/2) pay for all unused accumulated Sick Leave, not to exceed one hundred eighty (180) days. Payment shall be based on the rate the employee is earning at the time of separation. For employees hired on or after the execution date of the contract, August 21, 2007, payment when separating from the County for reasons other than Retirement or Death; after completion of at least one (1) year of continuous County employment: Any employee separating for these reasons shall receive one-half (1/2) pay for all unused accumulated Sick Leave, up to ninety (90) days [maximum payout - forty-five
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Payment for Unused Accumulated Sick Leave. If payment is to be made for unused accumulated sick leave, either upon retirement of a Fire Fighter, or to the Fire Fighter's estate at the time of death, it will be paid at the current rate of one-fifty (1/5) of the employee's weekly salary.
Sample 1
Payment for Unused Accumulated Sick Leave. If a bargaining unit member who is an employee in good standing employed by the Board retires from active employment in the Litchfield Community Unit School District No. 12 under a Teacher Retirement System (TRS) retirement program, the board shall pay to the employee the sum of Ten Dollars and 00/100 ($10.00) for each of the employee's unused accumulated sick leave days in excess of three hundred forty (340) or whatever is not used as TRS service credit to be paid post retirement and as non-TRS creditable earnings.
Sample 1
Payment for Unused Accumulated Sick Leave. 1. Payment while still a Township employee (based on a regular work week): a) The number of unused Sick Bank hours for each permanent full- time employee will be recorded as of the last pay in November of each year. Any employee having more than 800 hours shall have the following options: (1) Any employee who has accumulated 1,200 or more hours of sick leave will receive 60% pay for a minimum of 200 hours of the sick leave. At the option of the employee, additional hours of sick leave may be cashed in down to the 800-hour sick leave base level. (2) Employees with more than 1,000 but less than 1,200 hours of accumulated sick leave have the option of receiving 60% pay for their hours in excess of the 800-hour base level. If an employee chooses this option, cash-in of a minimum of 200 hours is required. (3) Employees with less than 1,000 hours of accumulated sick leave have the option of receiving 60% pay for some or all of their hours over the 800-base level. b) The annual cash payment will be made at the rate of pay the employee is earning as of the last paycheck in November. The employee does have the option to place the proceeds into the deferred compensation program. c) Those employees electing to keep their sick leave hours in excess of 800 in their bank will again have the option to cash them in at the same recording time each succeeding year. 2. Payment when separating from Township employment to become a retired member in one of the Township Employee’s Retirement Plans. a) The employee shall receive 60% pay for all of their unused accumulated sick leave. Payment shall be made at the rate the employee is earning at the time of separation. 3. Payment when separating employment because of death or permanent disability. a) The employee shall receive 60% pay for all of their accumulated sick leave. Payment shall be made at the rate the employee is earning at the time of separation. 4. Payment when separating from the Township for any other reason. a) The employee shall receive 60% pay for their unused accumulated sick leave in excess of 600 hours. Payment shall be made at the rate the employee is earning at the time of separation.
Sample 1
Payment for Unused Accumulated Sick Leave. The Board shall provide payment for unused accumulated sick leave as per the following conditions: 1. A teacher must be retiring (collecting or vesting TPAF pension) from teaching and have fifteen (15) or more years of service in Hopatcong. 2. For each day of unused sick leave, a teacher shall be paid $50.00 per day. 3. A teacher must give the Board a six (6) month advance notice of retiring. 4. The payment for unused accumulated sick leave pay shall be paid on July 15th of the school year of retirement. The payment will be made to the staff member's designated 403b retirement plan. Payment for unused accumulated sick leave of less than $3,000 will be issued to the employee in the form of a payroll check.
Sample 1
Payment for Unused Accumulated Sick Leave. Danville Area Community College employees retiring with at least ten (l0) years of full-time or the equivalent years of service to Danville Area Community College will be paid ten dollars ($10.00) per day or a maximum of two hundred dollars ($200.00) for accumulated sick leave not applied for service credit in SURS.
Sample 1
Payment for Unused Accumulated Sick Leave 
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Related to Payment for Unused Accumulated Sick Leave

  • Payment for Unused Sick Leave (a) An employee with less than ten (10) years of FIU service who separates from FIU shall not be paid for any unused sick leave. (b) An employee who has completed ten (10) or more years of FIU service, has not been found guilty or has not admitted to being guilty of committing, aiding, or abetting any embezzlement, theft, or bribery in connection with State government, or has not been found guilty by a court of competent jurisdiction of having violated any State law against or prohibiting strikes by public employees, and separates from FIU because of retirement for other than disability reasons, termination, or death, shall be compensated at the employee's current regular hourly rate of pay for one-eighth of all unused sick leave accrued prior to October 1, 1973, plus one- fourth of all unused sick leave accrued on or after October 1, 1973; provided that one-fourth of the unused sick leave since 1973 does not exceed 480 hours. The compensation in this paragraph 8(4)(b) shall not be given to an employee who starts employment at FIU on or after July 1, 2006. (c) Upon layoff, an employee with ten (10) or more years of FIU service shall be paid for unused sick leave as described in paragraph b., above, unless the employee requests in writing that unused sick leave be retained pending re-employment. For an employee who is re-employed by the University within twelve (12) calendar months following layoff, all unused sick leave shall be restored to the employee, provided the employee requests such action in writing and repays the full amount of any lump sum leave payments received at the time of layoff. An employee who is not re- employed within twelve (12) calendar months following layoff shall be paid for sick leave in accordance with this Policy. (d) All payments for unused sick leave shall be made in lump sum and shall not be used in determining the average final compensation of an employee in any State administered retirement system. An employee shall not be carried on the payroll beyond the last official day of employment, except that an employee who is unable to perform duties because of a disability may be continued on the payroll until all sick leave is exhausted. (e) If an employee has received a lump sum payment for accrued sick leave, the employee may elect in writing, upon re-employment within 100 days, to restore the employee's accrued sick leave. Restoration will be effective upon the repayment of the full lump sum leave payment. (f) In the event of the death of an employee, payment for unused sick leave at the time of death shall be made to the employee's beneficiary, estate, or as provided by law.

  • Accumulated Sick Leave ‌ The Employer shall inform all employees at least once each year of the number of sick days accumulated and shall make the information available to an employee on request.

  • Sick Leave Accumulation (a) An employee is eligible to accumulate sick leave with full pay at the rate of 16 working hours for each 173 1/3 hours of service. (b) The maximum number of days of sick leave which may be awarded to an employee during any consecutive twenty (20) year period of service shall not exceed 3840 hours.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year. (b) Notwithstanding the above, the Employer may grant a special request from an employee to carryover a maximum of five (5) vacation days into the next year. The employee shall specify in her request to the Employer the purpose for which she is seeking the carryover. (c) During the first year of employment, a full time employee with at least six

  • Unused Sick Leave The accrual of unused sick leave hours is unlimited. The City and the Union commit to the evaluation and establishment of a mutually beneficial non-use of sick leave incentive and pay-out policy. Until such time that a policy is established, accumulated sick leave shall be compensated as follows: Upon retirement from the City service, an employee shall be paid sixty percent (60%) of his accumulated sick leave, with the rate of payment based upon his regular pay at the time he retires. Upon the death of an employee, his beneficiary shall be paid sixty percent (60%) of his accumulated unused sick leave, with the payment based upon his regular pay at the date of his death.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • Accumulation of Vacation Leave Credits An employee shall earn vacation leave credits for each calendar month during which the employee receives pay for at least ten (10) days at the following rate:

  • Maximum Accumulation An employee may accumulate earned leave, excluding the separate vacation balance, if any, to a maximum of twice their annual time management accumulation. As of the end of the pay period in which March 31 falls in each year, any employee credited with accrued leave greater than twice their annual leave accumulation shall forfeit that amount above their maximum accumulation. An employee who has acquired the maximum allowable accumulation of earned leave may continue to accumulate earned leave for the balance of the year in which the maximum accrual was reached, provided, however, that the employee must reduce the accumulation to the maximum allowable prior to the following March 31 or forfeit the excess.

  • Holiday Coinciding with a Day of Vacation Where an employee is on vacation leave and a day of paid holiday falls within that period, the paid holiday shall not count as a day of vacation.

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