SCERS Sample Clauses

SCERS. Upon termination of any employee in SCERS eligible to accumulate sick leave credits for reasons of retirement, resignation, and/or layoff after service for a period of not less than two (2) years, or death, such employee (or those entitled by law to the possession of the estate of a deceased employee) shall receive payment for thirty-three and one- third percent (33-1/3%) of the total sick leave credits accumulated (to the nearest full day) by the employee on the date of such retirement, resignation, layoff, or death. No employee whose services are terminated by reason of discharge for cause, or by reason of resignation or layoff prior to the completion of two (2) years of service, shall be eligible for payment of any portion of accumulated sick leave credits.
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SCERS. Upon separation of an employee eligible to accumulate sick leave credits for reasons of retirement, resignation and/or layoff, or death, such employee (or those entitled by law to the possession of the estate of a deceased employee) shall receive payment for thirty- three and one-third percent (33-1/3%) of the total sick leave credits accumulated (to the nearest full day) by the employee on the date of such retirement, resignation, layoff, or death.
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SCERS. Those employees that are members of the Sacramento County Employees Retirement system (SCERS) shall be given an open election period of sixty (60) days to become members of the California Public Employees Retirement System (CalPERS). See PERS Attachment B. Should other members of the District SCERS Safety retirement plan receive a benefit change it will be made available to SCERS Safety members of this bargaining union. Should the Sacramento County Retirement System offer a 3% @ 50 benefit, the District and the Union agree to meet and confer regarding this issue.
Sample 1

Related to SCERS

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