Qualifications for Retirement. Conversion To qualify for such payment, the employee must have had, prior to the date of retirement, ten (10) or more years of service with the County, and be eligible to receive PERS benefits. Such payment shall be based on the employee’s hourly rate of pay at the time of retirement. Such payment shall be made only once and shall eliminate all sick leave credit accrued by the employee.
Appears in 13 contracts
Samples: – 2023 Final Agreement, Agreement, – 2023 Agreement
Qualifications for Retirement. Conversion To qualify for such payment, the employee must shall have had, prior to the date of retirement, ten (10) or more years of service with the County, and be eligible to receive PERS benefits. Such payment shall be based on the employee’s hourly rate of pay at the time of retirement. Such payment shall be made only once and shall eliminate all sick leave credit accrued by the employee.
Appears in 1 contract
Samples: Agreement
