Reimbursement for Unused Sick Leave. As of the end of each fiscal year, the MISA member will be reimbursed for four (4) days of unused sick leave per year. To qualify for reimbursement, the employee’s accrued basic leave must total at least 65 days as of April 30 with less than four (4) days of sick leave being used during the previous twelve (12) months. The reimbursement will be paid directly to the employee via payroll on or before July 1 of each year. For the purposes of this Article, the daily rate shall be calculated by dividing the employee’s annual salary by 260.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
Reimbursement for Unused Sick Leave. As of the end of each fiscal year, the MISA member will may elect to be reimbursed for four (4) days up to 32 hours of unused sick leave per year. The reimbursement will be made directly to a District approved 403(b) or 457 account. To qualify for reimbursement, the employee’s accrued basic leave must total at least 65 days as of April 30 520 hours with less than four (4) days 32 hours of sick leave being used during the previous twelve (12) months. The reimbursement will be paid directly to the employee via payroll on or before July 1 of each year. For the purposes of this Article, the daily rate shall be calculated by dividing the employee’s annual salary by 260.twelve
Appears in 1 contract
Samples: Master Agreement
Reimbursement for Unused Sick Leave. As of the end of each fiscal year, the MISA member will employee may elect to be reimbursed for four (4) days up to 48 hours of unused sick leave per year. The reimbursement will be made directly to a District approved 403(b) or 457 account. To qualify for reimbursement, the employee’s accrued basic leave must total be at least 65 days as of April 30 with less than four (4) days of sick leave being used during the previous twelve (12) months520 hours. The employee must file the request for reimbursement will be paid directly to the employee via payroll by May 31 of each year for payment on or before July 1 of each year. For the purposes of this Article, the daily rate shall be calculated by dividing the employee’s annual salary by 2601.
Appears in 1 contract
Samples: Master Agreement