Payment of Sick Leave Credit Sample Clauses

Payment of Sick Leave Credit. Retirement Gratuity may be made by a method mutually agreeable to both the Board and to the Employee and consistent with legislative requirements.
Sample 1
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Payment of Sick Leave Credit. Unit employees who retire between the dates of April 1, 2009 and December 31, 2012 inclusive, shall receive a payment of 4.5% of the employee’s annual base salary into their Retiree Health Savings Plan (RHSP) account. This provision expires January 1, 2013.
Sample 1

Related to Payment of Sick Leave Credit

  • Sick Leave Credits Regular employees who have completed their probationary period will accrue sick leave credits at the rate of one day per month to a maximum of 156 days. Upon completion of their probationary period, an employee will be credited with sick leave back to the employee's starting date. Upon request, an employee will be advised in writing of the balance of their sick leave credits.

  • Sick Leave Credit-Based Retirement Gratuities 1) A Teacher is not eligible to receive a sick leave credit gratuity after August 31, 2012, except a sick leave credit gratuity that the Teacher had accumulated and was eligible to receive as of that day.

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