Common use of Sick Leave Buy Down Clause in Contracts

Sick Leave Buy Down. Beginning August 2005, the Board will buy each unused annual allotment sick leave day for teachers who have accumulated 120 days at the rate of $40 per day, and the money for such days will be deposited into the teacher’s Section 403(b) account, each school year by September 1.

Sick Leave Buy Down. Beginning August 2005, the Board will buy each unused annual allotment sick leave day for teachers who have accumulated 120 days at the rate of $40 100 per day, and the money for such days will be deposited into the teacher’s Section 403(b) account, each school year by September 1.