Common use of Short-Term Plan Benefit Clause in Contracts

Short-Term Plan Benefit. (a) In the event an employee is unable to work because of illness or injury he/she shall be entitled to a benefit of seventy-five percent (75%) of pay for a period not to exceed seven (7) months from date of absence, (Short Term Plan Period). (b) The seventy-five percent (75%) benefit maybe supplemented in quarter day increments by the use of the following in descending order: (1) earned sick leave credit as noted below; (2) compensatory Time Off (CTO); (3) vacation entitlement. (c) Employees may bank, at year end, one quarter (¼) of a day for each of the first six (6) days sick leave not taken during the calendar year. This banked sick leave can be used to supplement any future sick leave under this plan. The total remaining accumulation will be paid out at retirement.

Short-Term Plan Benefit. (a) In the event an employee is unable to work because of illness or injury he/she he shall be entitled to a benefit of seventy-five percent (75%) % of pay for a period not to exceed seven (7) months from date of absence, absence (Short Term Plan Period"short-term plan period"). (b) The seventy-five percent (75%) % benefit maybe may be supplemented in one-quarter day increments by the use of the following in descending order: (1) earned sick leave credit as noted below; (2) compensatory Time Off time off (CTO); (3) vacation entitlement. (c) Employees may bank, at year end, one one-quarter (¼) of a day for each of the first six (6) days days' sick leave not taken during the calendar year. This banked sick leave can be used to supplement any future sick leave under this plan. The total remaining accumulation will be paid out at retirement.

Short-Term Plan Benefit. (a) In the event an employee is unable to work because of illness or injury he/she shall will be entitled to a benefit of seventy-five percent (75%) % of pay for a period not to exceed seven (7) months from date of absence, (Short Short-Term Plan Period). (b) The seventy-five percent (75%) % benefit maybe may be supplemented in quarter day increments by the use of the following in descending order: (1) earned sick leave credit as noted below; (2) compensatory Time Off time off (CTO); (3) vacation entitlement. (c) Employees may bank, at year end, one one-quarter (¼) of a day for each of the first six (6) days days' sick leave not taken during the calendar year. This banked sick leave can be used to supplement any future sick leave under this planPlan. The total remaining accumulation will be paid out at retirement.