Regular Bargaining Unit Employees Sample Clauses

Regular Bargaining Unit Employees on the University payroll as of December 1 each year shall have the opportunity on that date (or closest regularly scheduled University business day) to “sell back” to the University accumulated a sick leave as follows:  An employee who has accumulated a sick leave balance of at least 100 hours may “sell back” up to 80 hours, provided he/she retains a sick leave balance of at least 50 hours.  The University will pay the employee for his/her sick leave hours at the employee’s then current wage rate, subject to applicable legally mandated or authorized deductions.