Repayment of loaned days. 1. Members of the Sick Leave Bank shall repay the borrowed days at the rate of not less than three (3) days per school year until the loan is repaid. The days may be repaid from accumulated days the rate of the qualifying member when the days were granted, or through a combination of either.
2. Personnel who have donated at least ten (10) days to the Sick Leave Bank, and who have not previously borrowed from the bank or who do not have an outstanding balance, may use those ten (10) days without repayment following the same application and approval process as stated in Section 4.
3. A recipient who leaves the employment of MSD of Xxxxx Township and still owes a quantity of days to the Sick Leave Bank:
a) May have the dollar value of the remaining days deducted from his/her final paychecks at the rate teacher sub pay when the days were granted.
b) May transfer any accumulated sick days to the bank as repayment of the loan.
c) Shall use a combination of either.
4. Recipients who retire, or become totally or permanently disabled after borrowing days from the SLB are exempt from repayment of loaned days. If the recipient dies before the borrowed days are repaid, repayment of the days will not be requested from the recipient’s estate.
5. Teachers may not donate sick days to another employee. Employees must request additional sick days through the process stated above.
Repayment of loaned days i. Members of the Family Illness Leave Bank shall repay the bank the borrowed days at the rate of not less than one (1) day per school year until the loan is repaid. The days may be repaid from family illness or personal leave days, or at the current daily rate of the qualifying member, or through a combination of either one.
ii. A recipient who leaves the employment of Tri-Creek School Corporation and still owes a quantity of days to the Family Illness Leave Bank:
(a.) May have the dollar value of the remaining days deducted from his/her final paychecks at his/her current daily rate.
(b.) May transfer any accumulated paid time off to the bank as repayment of the loan.
(c.) Shall use (a.) or (b.) above, or a combination of both.
iii. Recipients who retire, die, or become totally and permanently disabled after borrowing from the Family Illness Leave Bank are exempt from repayment of loaned days.
Repayment of loaned days i. Members of the Sick Leave Bank shall repay the bank the borrowed days at the rate of not less than two (2) days per school year until the loan is repaid. The days may be repaid from accumulated days, or at the current daily rate of the qualifying member, or through a combination of either one.
ii. A recipient who leaves the employment of Tri-Creek School Corporation and still owes a quantity of days to the Sick Leave Bank:
(a.) May have the dollar value of the remaining days deducted from his/her final paychecks at his/her current daily rate.
(b.) May transfer any accumulated paid time off to the bank as repayment of the loan.
(c.) Shall use (a.) or (b.) above, or a combination of both.
iii. Recipients who retire, die, or become totally and permanently disabled after borrowing from the Sick Leave Bank are exempt from the repayment of loaned days.
