Common use of Sick Bank Elimination Account Clause in Contracts

Sick Bank Elimination Account. Eligible employees who were employed and had a sick leave balance on December 31, 1988, shall be credited January 1, 1989, with an account equal to the remaining sick leave balance as of December 31, 1988, times the employee's December 31, 1988 pay rate. This account shall be increased each January thereafter by an interest amount equal to the Ottawa County Treasurer's Office's prior year's average "Return on Investment".

Sick Bank Elimination Account. Eligible employees who were employed and had a sick leave balance on December 31, 19881986, after exercising a one-time only option of carrying up to four (4) days forward into 1987, shall be credited January 1, 19891987, with an account equal to the remaining sick leave balance as of December 31, 19881986, times the employee's ’s December 31, 1988 1986 pay rate. This account shall be increased each January thereafter by an interest amount equal to the Ottawa County Treasurer's ’s Office's ’s prior year's ’s average "“Return on Investment"”.

Sick Bank Elimination Account. Eligible employees who were employed and had a sick leave balance on December 31, 1988, shall be credited January 1, 1989, with an account equal to the remaining sick leave balance as of December 31, 1988, times the employee's ’s December 31, 1988 pay rate. This account shall be increased each January thereafter by an interest amount equal to the Ottawa County Treasurer's ’s Office's ’s prior year's ’s average "“Return on Investment"”.

Sick Bank Elimination Account. Eligible employees who were employed and had a sick leave balance on December 31, 1988, shall be credited January 1, 1989, with an account equal to the remaining sick leave balance as of December 31, 1988, times the employee's employee‟s December 31, 1988 pay rate. This account shall be increased each January thereafter by an interest amount equal to the Ottawa County Treasurer's Office's Treasurer‟s Office‟s prior year's year‟s average "“Return on Investment"”.