Periods of employee election Sample Clauses

Periods of employee election and payment dates shall be established by the City of Jacksonville in accordance with IRS regulations. Any leave remaining in an employee’s personal leave and/or retirement account will be paid to the employee in a lump sum at retirement.
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Related to Periods of employee election

  • Years of Service Any teacher placed on such leave may engage in teaching or any other occupation during such period, may be eligible for unemployment insurance if otherwise eligible for such compensation under the law, and such leave will not result in a loss of credit for years of service in the School District earned prior to the commencement of such leave.

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