Payout for Unused Sick Leave. Upon service retirement, disability retirement or death of an employee, and subject to the provisions of the agreement between the County and the Public Employees Retirement System, unused accumulated sick leave shall be credited at the rate of fifty (50) percent of the current salary value thereof for each such person who has had five full years of service in a paid status provided, however, that the total credit shall not exceed a sum equal to 960 hours of full pay. Sick leave compensation resulting from death shall be made to the persons entitled to otherwise, in accordance with the Probate Code. Eligibility for a credit under this section is made at the time of separation from County employment and not at a later date.
Payout for Unused Sick Leave. A. Any teacher who was employed by the Board as a teacher on or before June 30, 1990 and who remains so employed as a teacher in the Xxxxxxxxxx Park School District on September 1, 1990 shall receive at the time of resignation from employment in the district compensation for unused, accumulated sick days he or she had as of June 30, 1990 up to a maximum of 180 days as follows:
Payout for Unused Sick Leave. An employee having accrued sick leave to his or her credit and who has been employed for a period of not less than two (2) years, shall on termination, receive severance pay equal to fifty per cent (50%) of the sick leave credit accumulated subsequent to January 1st, 1961. Where the two (2) year requirement is not fulfilled, twenty-five per cent (25%) of the sick leave credit accumulated subsequent to January 1st, 1961, shall apply. In the event of the death of the employee, sick leave severance pay shall be calculated on the same basis and shall be payable to the beneficiary. Sick leave severance pay shall be subject to the maximum thirty (30) day’s pay and in no case shall it exceed this amount.
