Payment for Unused Sick Leave on Termination of Employment Sample Clauses

Payment for Unused Sick Leave on Termination of Employment. (a) For employees in the Bargaining Unit who have Seniority under the terms of the Agreement as of December 31, 1979, the following method of payment for sick leave credits will apply: In the event of the death of an employee, the value of all accrued sick leave shall be paid to the employee's designated beneficiary, or in the case of no designated beneficiary, to the employee's estate. An employee having accrued sick leave to his credit shall, on severance or retirement, receive an allowance in lieu thereof equal to such credit at the rate of pay effective immediately prior to severance or retirement. At the employee's request the payment of this allowance shall be:
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Payment for Unused Sick Leave on Termination of Employment. (a) In the event of the death of an employee, of the value of all accrued sick leave credits shall be paid to the employee's beneficiary as designated in the Group Life Coverage. On severance or retirement after three (3) years service an employee having accrued sick leave credits shall receive an allowance in lieu of sick leave equal to fifty percent (50%) of the credit at the rate of pay effective immediately prior to severance or retirement. An employee who is terminated for cause shall be disqualified from payments of unused sick leave credits.
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Payment for Unused Sick Leave on Termination of Employment. (a) An employee dismissed for cause, shall have entitlement provided under item 20.02 (c) reduced by 50%.
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Payment for Unused Sick Leave on Termination of Employment. Employees employed in the bargaining unit on date of signing of this Agreement are entitled to payment for unused sick leave on termination of employment. The value of accrued sick leave shall be calculated based on the rate of pay for the classification held by the employee immediately prior to termination of employment. At the employee’s request (and if it is legally possible and does not cost the Town), the payment may be made to an RRSP in the employee’s name. If the employee has passed away, the payment can be made to the employee’s estate. For greater certainty, the employees entitled to this payout are identified in Appendix “B”, attached to this Agreement.
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Related to Payment for Unused Sick Leave on Termination of Employment

  • Compensation for Unused Sick Leave 1. Employees who enter County service after July 1, 1979, shall not be eligible for compensation for any of their unused sick leave credits.

  • NOTICE OF TERMINATION OF EMPLOYMENT 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Payment of Annual Leave on Termination On the termination of their employment, an employee will be paid their untaken or pro-rata annual leave.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Payment for Unused Sick Leave a. An employee with less than ten (10) years of continuous University service, as defined herein, who separates from the University shall not be paid for any unused sick leave. For employees appointed on or before 1/7/03 University service includes continuous employment by the University or the State of Florida.

  • TERMINATION OF EMPLOYMENT CONTRACT A. This Contract shall terminate, the Superintendent's employment will cease, and no compensation shall thereafter be paid, under any one of the following circumstances:

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Employee Termination A) Regular employees other than those serving a probationary period, shall give twenty-eight (28) calendar days written notice of termination to a representative designated by the Employer with the authority to accept such written notice.

  • EMPLOYMENT & TERMINATION This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • Vacation Pay on Termination An employee whose employment is terminated shall receive vacation pay at the appropriate percentage of the wages or salary earned during the period of entitlement in accordance with the employee's years of service.

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