Sick Leave Buy Out. In recognition of years of service to the district, and at retirement, any employee who has served the district for a period of at least 20 consecutive years will be granted a one time payment equal to $25.00 times the number of accumulated sick leave days up to the maximum number of days provided in this contract. The employee must notify the board on or before November 1st of the year prior to the school year of retirement.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Sick Leave Buy Out. In recognition of years of service to the district, and at retirement, any employee who has served the district for a period of at least 20 consecutive years will be granted a one time payment equal to $25.00 30.00 times the number of accumulated sick leave days up to the maximum number of days provided in this contract. The employee must notify the board on or before November December 1st of the year prior to the school year of retirement.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Employment & Human Resources
