Retirement or Death of Employee. Usage Payoff 1% to 25% 75% not to exceed $10,000 26% to 50% 50% not to exceed $10,000 51% to 75% 25% not to exceed $10,000 In excess of 75% No Payoff Field Services employees who resign shall be paid for unused sick leave according to the following schedule: Resignation of Employee Usage Payoff 1% to 25% 75% not to exceed $6,000 26% to 50% 50% not to exceed $6,000 51% to 75% 25% not to exceed $6,000 In excess of 75% No Payoff Field Services employees terminated for cause are ineligible for any payoff of unused sick leave. Usage is based on the percentage of sick leave the employee has used of the total amount the employee has accrued while employed with the City. The payoff is the percentage of accrued and unused sick leave the employee is eligible to cash out for a payoff (up to the maximum noted for each category). For example, if an employee has accrued 960 hours during his/her employment with the City and has only used 96 hours of sick leave, then the employee will have used 10% of his/her total sick leave accrual and will be eligible to cash out 75% of the unused 864 sick leave hours remaining in the employee’s sick leave bank (up to the applicable maximum).
Retirement or Death of Employee. Upon retirement or death, the City agrees to pay to each permanent employee eligible to earn sick leave pursuant to §35-9, or his/her designated beneficiary or estate if there is no designated beneficiary, an amount of money equivalent to 25% of such employee’s unused earned accumulated sick leave on the date of his/her retirement or death, but in no event more than $10,000. A day’s pay, for purposes of this section, shall be computed as 1/5th of the employee’s regular average weekly pay on such date. Application must be made within six (6) months of retirement from employment or death to be eligible for the payment.
Retirement or Death of Employee. Upon an employee’s retirement or death, the City agrees to pay the employee, the employee’s spouse, designated beneficiary, next of kin or estate, in that order unless otherwise specified in writing by said employee. The aforementioned employee shall be paid for all unused sick leave at a rate of Thirty Dollars ($30) per day, however, in no case shall the City’s obligation exceed more than Ten Thousand Dollars ($10,000). Application must be made within six (6) months of death or retirement to be eligible for said payment.
