Retirement Credit for Unused Sick Leave Sample Clauses

Retirement Credit for Unused Sick Leave. Pursuant to Government Code Section 20862.8 and the City's contract with CalPERS, Field Services employees who retire from the City may receive service credit towards their retirement for all accrued, unused sick leave for which they do not receive compensation. This provision shall apply to Field Services employees whose effective date of retirement is within four months of separation from employment with the City.
AutoNDA by SimpleDocs
Retirement Credit for Unused Sick Leave. Pursuant to Government Code Section 20862.8 and the City's contract with XxxXXXX, the Professional/Technical employee who retires from the City may receive service credit towards his/her retirement for all accrued, unused sick leave for which they do not receive compensation. This provision shall apply to the Professional/Technical employee whose effective date of retirement is within four months of separation from employment with the City. Contributions to the California Public EmployeesRetirement system shall not be made on any payoff for accrued, unused sick leave.
Retirement Credit for Unused Sick Leave. Pursuant to Government Code Section 20862.8 and the City's contract with XxxXXXX, the Individually Represented Battalion Chief who retires from the City may receive service credit towards their retirement for all accrued, unused sick leave for which they do not receive compensation. This provision shall apply to the Individually Represented Battalion Chief whose effective date of retirement is within four (4) months of separation from employment with the City.
Retirement Credit for Unused Sick Leave. 4.1.3.1. In accordance with Title 70, Oklahoma Statutes, Section 17-116.2(H) [Section 374(H) of the 1995 School Laws of Oklahoma], and subject to the limitations therein, an unused sick leave account is established for the purpose of accounting for unused sick leave days which may be used for retirement purposes subject to the approval of The Teachers’ Retirement System of Oklahoma. The term "unused sick leave days" is defined as those sick leave days for which an employee does not receive credit after the maximum one hundred twenty (120) days of sick leave have been accumulated. Unused sick leave days shall be deposited in the unused sick leave account. 4.1.3.2. The District will maintain records for the purpose of assisting each employee to account for unused sick leave days for retirement purposes. The District will account for and certify unused sick leave days for each year in which an employee has exceeded one hundred twenty (120) days of accumulated sick leave. This provision will apply to employees who have participated in the Teacher's Retirement System subsequent to August 1, 1959, and who have accumulated the maximum one hundred twenty (120) days of sick leave. 4.1.3.3. Upon retirement, any unused accumulated sick leave days and the unused sick leave days in the sick leave bank in an amount not to exceed 120 days shall be certified to the Teacher's Retirement System of Oklahoma to add creditable service for retirement purposes at a rate of one month of credit for each 20 days of accumulated sick leave for the purpose of adding creditable service for retirement purposes. 4.1.3.4. Unused sick leave days in the sick leave bank may be used only to extend creditable service at retirement and for no other purpose. No employee may contribute unused sick leave days to another employee. Unused sick leave days cannot be transferred from this district if reimbursement has been received.
Retirement Credit for Unused Sick Leave. Pursuant to Government Code Section 20862.8 and the City's contract with XxxXXXX, sworn, non-management fire employees who retire from the City may receive service credit towards their retirement for all accrued, unused sick leave for which they do not receive compensation. This provision shall apply to sworn, non-management fire employees whose effective date of retirement is within four months of separation from employment with the City.
Retirement Credit for Unused Sick Leave. Pursuant to Government Code Section 20965 and the City's contract with XxxXXXX, sworn, management police employees who retire from the City may receive service credit towards their retirement for all accrued, unused sick leave at the ten (10) hour rate for which they do not receive compensation. This provision shall apply only to sworn, management police personnel whose effective date of retirement is within four (4) months of separation from employment with the City.
Retirement Credit for Unused Sick Leave. Pursuant to Government Code Section 20862.8 and the City's contract with CalPERS, sworn, non-management fire employees who retire from the City may receive service credit towards their retirement for all accrued, unused sick leave for which they do not receive compensation. This provision shall apply to sworn, non-management fire employees whose effective date of retirement is within four months of separation from employment with the City.
AutoNDA by SimpleDocs

Related to Retirement Credit for Unused Sick Leave

  • Payment for Unused Sick Leave (a) An employee with less than ten (10) years of FIU service who separates from FIU shall not be paid for any unused sick leave. (b) An employee who has completed ten (10) or more years of FIU service, has not been found guilty or has not admitted to being guilty of committing, aiding, or abetting any embezzlement, theft, or bribery in connection with State government, or has not been found guilty by a court of competent jurisdiction of having violated any State law against or prohibiting strikes by public employees, and separates from FIU because of retirement for other than disability reasons, termination, or death, shall be compensated at the employee's current regular hourly rate of pay for one-eighth of all unused sick leave accrued prior to October 1, 1973, plus one- fourth of all unused sick leave accrued on or after October 1, 1973; provided that one-fourth of the unused sick leave since 1973 does not exceed 480 hours. The compensation in this paragraph 8(4)(b) shall not be given to an employee who starts employment at FIU on or after July 1, 2006. (c) Upon layoff, an employee with ten (10) or more years of FIU service shall be paid for unused sick leave as described in paragraph b., above, unless the employee requests in writing that unused sick leave be retained pending re-employment. For an employee who is re-employed by the University within twelve (12) calendar months following layoff, all unused sick leave shall be restored to the employee, provided the employee requests such action in writing and repays the full amount of any lump sum leave payments received at the time of layoff. An employee who is not re- employed within twelve (12) calendar months following layoff shall be paid for sick leave in accordance with this Policy. (d) All payments for unused sick leave shall be made in lump sum and shall not be used in determining the average final compensation of an employee in any State administered retirement system. An employee shall not be carried on the payroll beyond the last official day of employment, except that an employee who is unable to perform duties because of a disability may be continued on the payroll until all sick leave is exhausted. (e) If an employee has received a lump sum payment for accrued sick leave, the employee may elect in writing, upon re-employment within 100 days, to restore the employee's accrued sick leave. Restoration will be effective upon the repayment of the full lump sum leave payment. (f) In the event of the death of an employee, payment for unused sick leave at the time of death shall be made to the employee's beneficiary, estate, or as provided by law.

  • Unused Sick Leave The accrual of unused sick leave hours is unlimited. The City and the Union commit to the evaluation and establishment of a mutually beneficial non-use of sick leave incentive and pay-out policy. Until such time that a policy is established, accumulated sick leave shall be compensated as follows: Upon retirement from the City service, an employee shall be paid sixty percent (60%) of his accumulated sick leave, with the rate of payment based upon his regular pay at the time he retires. Upon the death of an employee, his beneficiary shall be paid sixty percent (60%) of his accumulated unused sick leave, with the payment based upon his regular pay at the date of his death.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year

  • Retirement Credit Retirement credit for such periods of leave without pay shall be governed by the rules and regulations of the Division of Retirement and the provisions of Chapter 121, Florida Statutes.

  • Extended Sick Leave When sick leave extends for more than 25 consecutive working days, the appointing authority shall initiate the following procedure:

  • Deductions from Sick Leave A deduction shall be made from accumulated sick leave of all normal working days (exclusive of holidays) absent for sick leave.

  • Accumulated Sick Leave ‌ The Employer shall inform all employees at least once each year of the number of sick days accumulated and shall make the information available to an employee on request.

  • Sick Leave Credit All employees shall be able to draw on a block of nine days' sick leave when they commence employment. If all or part of this block of sick leave is used, it will be paid back as sick leave is accumulated. If an employee ceases employment and has a negative balance in sick leave credit, this amount will be deducted from their final paycheque.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!