Sick Leave Bank Pay Off Sample Clauses

Sick Leave Bank Pay Off. Upon death, retirement or resignation in good standing, an employee shall be paid for any balance in the sick leave bank at the following rate. Days of Service % Paid at 0 through 2610 0% 2611 " 2871 20% 2872 " 3132 22% 3133 " 3393 24% 3394 " 3654 26% 3655 " 3915 28% 3916 " 4176 30% 4177 " 4437 32% 4438 " 4698 34% 4699 " 4959 36% 4960 " 5220 38% 5221 " 5481 40% 5482 " 5742 42% 5743 " 6003 44% 6004 " 6264 46% 6265 " 6525 48% 6526 " accumulation 50%
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Sick Leave Bank Pay Off. Upon death, retirement or resignation in good standing, an employee shall be paid for any balance in the sick leave bank at the following rate: Days of Service % Paid at 0 through 2610 0% 2611 " 2871 20% 2872 " 3132 22% 3133 " 3393 24% 3394 " 3654 26% 3655 " 3915 28% 3916 " 4176 30% 4177 " 4437 32% 4438 " 4698 34% 4699 " 4959 36% 4960 " 5220 38% 5221 " 5481 40% 5482 " 5742 42% 5743 " 6003 44% 6004 " 6264 46% 6265 " 6525 48% 6526 " accumulation 50% An employee not in good standing at the time of his/her retirement or resignation will receive no sick leave payoff. For purposes of this section, “not in good standing” means an employee who has retired or resigned to avoid dismissal where either dismissal procedures are pending or there is cause to initiate dismissal proceedings. Should an investigation result in a determination that dismissal is not warranted, the right to sick leave payoff shall be restored. The above payoff schedule applies to all retirements, including employer and/or employee initiated disability retirements. Employees may not use their sick leave balance to extend the effective date of disability retirement.
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Sick Leave Bank Pay Off. For purposes of this paragraph, a day is defined as eight (8) work hours. Upon death or retirement, up to sixty (60) days of accrued sick leave shall be paid off at a rate of fifty percent (50%) of the equivalent cash value. All accrued balances beyond sixty (60) days shall be paid off at the rate of twelve and one-half percent (12 1/2%) of the accrued cash value (one hour’s pay for one day of accrual). Upon resignation in good standing, nurses with ten (10) or more years’ service shall be paid up to sixty (60) days of accrued sick leave at the rate of twenty-five percent (25%) of the equivalent cash value. All accrued balances beyond sixty (60) days will be paid off at the rate of twelve and one-half percent (12 1/2%) of the accrued cash value.
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Related to Sick Leave Bank Pay Off

  • Sick Leave Bank 22.1 The purpose of this Sick Leave Bank is to provide a bank of sick leave hours from which a member may draw in case of extended absences due to illness/disability which renders the member incapable of working.

  • Paid Sick Leave Employees shall earn and be granted paid sick leave according to the following provisions:

  • Sick Leave Bank Committee The Committee shall be appointed by the BTU-ESP for the purpose of administering the Sick Leave Bank. The Committee shall:

  • Sick Leave The employee is eligible for long term disability benefits if provided for in the Collective Agreement. An employee will not receive pay for the first two (2) weeks of any period of absence due to a legitimate illness. The employee may utilize the paid holiday bank as income replacement for absences due to illness, as described in Article (c) above. An employee who is eligible may apply for Employment Insurance for weeks three (3) through seventeen (17) for any absence due to a legitimate illness. The Home will provide the employee with Disability Income Protection as per Article 14.01 (c) for weeks eighteen (18) through thirty (30) for any absence due to a legitimate illness. Employees may be required to provide medical proof of illness for any absence of a scheduled shift, which is neither vacation nor an approved leave of absence.

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