Payoff Provision a. At the end of Pay Period 26 of each year, all employees with a minimum of one (1) year of service who have used no more than twenty–seven
Payoff Provision a. At the end of Pay Period No. 26 of each year, all employees with a minimum of one (1) year of service who have used no more than twenty-seven (27) hours (exclusive of non–deductible bereavement leave) of sick leave during the preceding twelve (12) month period may convert up to twenty–four (24) additional hours of accumulated sick leave in eight (8) hour increments, to cash equal to the number of sick leave hours converted, multiplied by the employee’s normal hourly rate. Employees in a part time status or on leave of absence during the eligibility period will have their hours pro–rated.
Payoff Provision. At the end of Pay Period No. 25 of each year, all employees with a minimum of one (1) year's service who have used twenty-seven (27) hours or less (exclusive of nondeductible bereavement leave) of sick leave during the preceding twelve (12) month period may convert up to twenty-four (24) additional hours of accumulated sick leave in one (1) hour increments, to:
