Payment of Unused Sick Days. Under the following conditions, the District shall pay an employee for unused sick leave days upon the employee’s separation from employment from the District.
A. The employee must have been either a full-year employee, i.e., regularly scheduled to work for 52 weeks per year or a full-day, full-school year employee, i.e., regularly scheduled to work for all student days per school year.
B. The employee must not have been terminated for cause.
C. The full-year employee must have completed a minimum of fifteen (15) complete years of service with the District. The full-day, full-school year employee must have completed a minimum of twenty (20) complete school years of service with the District.
D. The full-year employee must have accumulated a minimum of one hundred and fifty (150) sick leave days. The full-day, full-school year employee must have accumulated a minimum of 75 sick leave days.
E. After satisfying each of the above criteria, the employee will be paid for each day at the following rates:
1. For fifteen (15) school years of service, the full-year employee will be paid fifteen dollars ($15) for each unused sick leave day.
2. For a minimum of twenty (20) years of service, the full-year employee will be paid twenty dollars ($20) for each unused sick leave day. The full- day, full-school year employee will be paid 15 dollars ($15) for each unused sick leave day.
3. An employee who has completed thirty (30) years of service will be paid twenty dollars ($20) for each unused sick leave day up to two hundred (200) days and twenty-five dollars ($25) for each unused sick leave day over two hundred (200) days.
F. In order to be eligible for this benefit at the end of a given school year, the employee must notify the superintendent of his or her separation from the district by November 15 of the school year in which they will retire.
Payment of Unused Sick Days. At time of retirement employees may be paid Fifty-Five ($55) dollars for each unused sick day accumulated to a maximum of $10,000.
Payment of Unused Sick Days. Under the following conditions, the District shall pay an employee for unused sick leave days upon the employee’s separation from employment from the District.
A. The employee must have been either a full-year employee, i.e., regularly scheduled to work for 52 weeks per year or a full-day, full-school year employee,
Payment of Unused Sick Days. The payment of the number of accumulated, unused sick days upon retirement shall be as is outlined below, as long as the teacher has a minimum of five (5) years in the district.
1) For the term of this agreement, 2022-2025 , the maximum cap shall be 200 days at sixty dollars ($60) per day.
a) Ten (10) to nineteen (19) years shall receive eight (80%) of the dollar value of the above amounts.
b) Five (5) to nine (9) years shall receive fifty percent (50%) of the dollar value of the above amounts.
Payment of Unused Sick Days. Upon termination of employment due to “normal retirement,” “early retirement,” or death during the term of this agreement, compensation for accumulated, unused sick days shall be paid to the retiring technician or the personal representative of the deceased technician’s estate at the rate of twenty dollars ($20) for each accumulated unused sick leave day credited to that technician at the time of retirement or death, to a maximum of one hundred (100) such days. The value of said sick days at the time of termination of employment shall be contributed as an employer contribution by the District into a Section 403(b) tax sheltered account of the technician, up to the amount permissible by law. Any amounts in excess of the shelter limit will be contributed in subsequent tax years up to the amount permissible by law, payable on the first business day of the new tax year.
Payment of Unused Sick Days. Sick days unused as of the end of the fiscal year shall be paid to the employee in the first pay period of September at the rate of 25% for each unused day and at the rate in effect as of the prior June 30th.
Payment of Unused Sick Days. At time of retirement employees may be paid fifty-five ($55) dollars for each unused sick day accumulated to a maximum of $5,000. The retiring employee shall submit any and all available sick days to IMRF for enhanced service credit prior to being paid for any unused sick days.
Payment of Unused Sick Days
