Common use of Service Benefit Clause in Contracts

Service Benefit. Employees with a minimum of ten (10) years of service in the Neshaminy School District shall be entitled to a severance benefit in an amount equal to their unused sick leave times Seventy Dollars ($70.00) per day, upon suspension (as defined in the School Code), resignation or retirement. In the event of the Employee’s death, the entitlement shall be paid to the Employee’s estate. Only that portion of the unused sick leave accrued in the service of the Neshaminy School District may be used in this computation. No limit has been established as to the number of sick days used in the computation.

Service Benefit. Employees with a minimum of ten (10) years of service in the Neshaminy School District shall be entitled to a severance benefit in an amount equal to their unused sick leave times Seventy Dollars ($70.00) per day, upon suspension (as defined in the School Code), resignation or retirement. In the event of the Employee’s 's death, the entitlement shall be paid to the Employee’s 's estate. Only that portion of the unused sick leave accrued in the service of the Neshaminy School District may be used in this computation. No limit has been established as to the number of sick days used in the computation.

Service Benefit. Employees Full- and part-time staff members with a minimum of ten (10) years of service in with the Neshaminy School District shall be entitled to a severance benefit in an amount equal to their unused sick leave times Seventy Dollars ($70.00) 72.00 per day, day upon suspension (as defined in the School Code), resignation or retirement. In the event of the Employeea member’s death, the entitlement shall will be paid to the Employee’s estatedesignated beneficiary. Only that portion of the unused sick leave accrued in the service of the Neshaminy School District may be used in this computation. No limit has been established as to the number of sick days used in the this computation.

Service Benefit. Employees Administrators with a minimum of ten (10) years of service in the Neshaminy School District shall be entitled to a severance benefit in an amount equal to their unused sick leave times Seventy Dollars ($70.00) 75.00 per day, upon suspension (as defined in the School Code), with notice of resignation or retirementretirement no less than four months prior to his/her last day of work for the Neshaminy School District. In the event of the EmployeeAdministrator’s death, the entitlement shall be paid to the Employee’s estatedesignated beneficiary. Only that portion of the unused sick leave accrued in the service of the Neshaminy School District may be used in this computation. No limit has been established as to the number of sick days used in the computation.