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.
Appears in 4 contracts
Samples: Professional Agreement, Professional Agreement, Professional Agreement
