Payment for Unused Sick Leave Upon Retirement Sample Clauses

Payment for Unused Sick Leave Upon Retirement. All professional employees who have served ten (10) or more consecutive years in the Interlocal and/or the Southeast Kansas Special Education Cooperative before retirement will be eligible for additional compensation according to the following schedule: This additional compensation will be $45.00 per day for each day of unused sick leave for those professional employees retiring. Compensation for unused sick leave shall be limited to a maximum of 120 days. The professional employee requesting the above benefits shall notify the Director in writing no later than February 1st of the contracted school year of his/her intention to retire to be eligible to receive these stipulated benefits. In the event the notice is not timely, there shall be a late fee of $150.00 per month or portion thereof through May 31. Any notice received after May 31 shall be considered not timely and thus not eligible for the benefit. The Board may waive the deadline and the late fee in the event of extenuating circumstances.
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Payment for Unused Sick Leave Upon Retirement. Any faculty member who retires after completing at least fifteen (15) years of full-time, continuous service to the College will be paid for accrued, unused sick days that are not used for service credit with the State Universities Retirement System (SURS). Such payment will be based upon the faculty member’s per diem rate of pay at the time of retirement. The amount of such payment will be limited to 25% of the accrued, unused sick days not used for SURS service credit, but not to exceed a maximum of 31.25 sick days.
Payment for Unused Sick Leave Upon Retirement. The payment of unused sick leave is authorized by City as a means of rewarding employees who have made conscientious efforts to maximize their attendance on the job. Employees in the classified service, regardless of service length, shall be entitled to payment for accrued (not pro rata) sick leave (as indicated below), up to their date of retirement. However, employees whose separation is caused by dismissal shall not be entitled to payment for unused sick leave. 120 - 150 60 96 - 119 50 72 - 95 48 - 71 24 - 47 40 30 20 0 - 23 0 In the event of a job related death, the beneficiary of the employee, as shown on the records of the public employees' retirement system, shall be paid for those sick leave and vacation days for which the employee would have been paid had employment terminated on the date of death. No more than one hundred and fifty (150) such sick leave days may be used in ascertaining the amount of days for which the employee will be compensated at time of termination or retirement.
Payment for Unused Sick Leave Upon Retirement. 1. Employees must be eligible for and actually retire under the auspices of the TPAF system. 2. In order to be eligible for said payment, the employee must give two (2) months written notice of intention to retire. 3. In cases of disability, certified for the purposes of retirement, the notice provision under 2. above will be waived. 4. The Board may waive the notice requirement in other cases at its own discretion. Such waiver or its denial is not grievable. 5. In order to be eligible for said payment, the unused sick leave days of a retiring employee (defined in 6. below) shall be at least 50% of the available accumulated sick leave days (defined in 7. below) as modified in 8. and 9. below.
Payment for Unused Sick Leave Upon Retirement. In the event a teacher or instructional aide who has accumulated sick leave qualifies for a service, age or disability retirement under the New Jersey State pension plan and notifies the Board of Education on or before December 15th of the school budget year in which he or she retires, the Board shall make payment at the beginning of the next school budget year to that teacher or instructional aide in the following amounts: Teachers: through 200 days - $55 per day effective July 1, 2011; $60 per day effective July 1, 2012. Instructional aides: through 160 days - $30 per day effective July 1, 2011. In the event a teacher or instructional aide does not provide the aforementioned notice by December 15th of the school budget year in which he or she plans to retire, the aforementioned payments shall be made at the beginning of the school budget year next following the year in which payment would have been made had timely notice been provided. Should a teacher or instructional aide die any time prior to receipt of such payment, payment shall be made to his or her estate.
Payment for Unused Sick Leave Upon Retirement. 1. Any teacher who retires from Northern Highlands Regional High School according to the provisions of the TPAF and, has completed at the time of retirement, at least 18 years of service in Northern Highlands, will be reimbursed for all accumulated sick leave days, after the first 50 days, which shall be deductible, at the rate of $85.00 per day, to a maximum total payment of $18,000.00.
Payment for Unused Sick Leave Upon Retirement. 1. Upon retirement from service under the rules of PERS, employees with at least ten (10) years of service in Northern Highlands will be reimbursed for all accumulated sick leave days, after the first six (6) days which shall be deductible, at the rate of $60.00 per day to a maximum total of $8,500. 2. Secretaries claiming reimbursement under the provision must notify the Board Secretary of their intention to retire no later than three months prior to retirement. Payment will be made to the retiree according to the following schedule at the option of the retiring secretary: 1. All on or about July 15 2. All on or about the following January 1 3. Half on each of the above dates
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Payment for Unused Sick Leave Upon Retirement. The payment of unused sick leave is authorized by City as a means of rewarding employees who have made conscientious efforts to maximize their attendance on the job. Employees in the classified service, regardless of service length, shall be entitled to payment for accrued (not pro rata) sick leave (as indicated below), up to their date of retirement. However, employees whose separation is caused by dismissal shall not be entitled to payment for unused sick leave.
Payment for Unused Sick Leave Upon Retirement. The Director of CI shall be entitled to receive upon her retirement from TPAF payment for unused sick days capped at $15,000 as per N.J.S.A. 18A:30-3.5 provided she has a minimum of forty
Payment for Unused Sick Leave Upon Retirement. In the event a teacher or instructional aide who has accumulated sick leave qualifies for a service, age or disability retirement under the New Jersey State pension plan and notifies the Board of Education on or before December 15th of the school budget year in which he or she retires, the Board shall make payment at the beginning of the next school budget year to that teacher or instructional aide in the following amounts: Teachers: through 200 days - $60 per day. Instructional aides: through 160 days - $30 per day. In the event a teacher or instructional aide does not provide the aforementioned notice by December 15th of the school budget year in which he or she plans to retire, the aforementioned payments shall be made at the beginning of the school budget year next following the year in which payment would have been made had timely notice been provided. Should a teacher or instructional aide die any time prior to receipt of such payment, payment shall be made to his or her estate.
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