Common use of Sick Leave Buy Out Clause in Contracts

Sick Leave Buy Out. Any support staff employee covered by the bargaining units who has ten (10) years of continuous service with the same employer, inclusive of bona fide leaves of absence, and who has attained the age of 55, upon employment termination (except for misconduct or poor job performance) shall be paid for accrued unused sick leave according to the following formula: fifty dollars ($50.00) will be paid for each unused sick day to a maximum payment of $7,500. Payment will be made to the employee or his estate in three equal installment s, the first due within 60 days of the employee’s departure and the remaining two on the first and second anniversary of termination. This is a once-in- a-lifetime benefit and may not be repeated if a former employee who has received this payment is subsequently rehired. A. Employee shall submit a formal letter of resignation to the Superintendent no later than the first scheduled work day in January of the employee’s final contract year. Specifically, the employee shall: one, call or e-mail the LNSU HR Director by this date that the letter of resignation has been or will be submitted; and two, hand-deliver the letter by this date to the Central Office during C.O. work hours, OR, mail the letter so that it is postmarked no later than December 31. Once the letter is submitted, the employee will no longer be entitled to a contract for the following school year, except as provided in (B) below. B. In the case of a major and unforeseeable change in personal life circumstances after an employee has submitted a letter of resignation, such as death or serious disability of a spouse, an employee may ask the Board to rescind the letter of resignation. The Board shall have the sole discretion to grant or deny the employee’s request. If the request is granted, then the employee s hall be issued a contract consistent with all applicable terms of this Agreement. The Board’s decision shall be final and shall not be grievable under Article IV. C. An employee who elects to resign without submitting a letter of resignation under the terms of (A) above shall have to wait o ne year from the date of retirement for initial payment.

Sick Leave Buy Out. Any Effective on July 1, 2014, any support staff employee covered by the bargaining units who has ten (10) years of continuous service with the same employer, inclusive of bona fide leaves of absence, and who has attained the age of 55, upon employment termination (except for misconduct or poor job performance) shall be paid for accrued unused sick leave according to the following formula: fifty dollars ($50.00) will be paid for each unused sick day to a maximum payment of $7,500. Payment will be made to the employee or his estate in three equal installment sinstallments, the first due within 60 days of the employee’s departure and the remaining two on the first and second anniversary of termination. This is a once-in- in-a-lifetime benefit and may not be repeated if a former employee who has received this payment is subsequently rehired. A. Employee shall submit a formal letter of resignation to the Superintendent no later than the first scheduled work day in January of the employee’s final contract year. Specifically, the employee shall: one, call or e-mail the LNSU HR Director by this date that the letter of resignation has been or will be submitted; and two, hand-deliver the letter by this date to the Central Office during C.O. work hours, OR, mail the letter so that it is postmarked no later than December 31. Once the letter is submitted, the employee will no longer be entitled to a contract for the following school year, except as provided in (B) below. B. In the case of a major and unforeseeable change in personal life circumstances after an employee has submitted a letter of resignation, such as death or serious disability of a spouse, an employee may ask the Board to rescind the letter of resignation. The Board shall have the sole discretion to grant or deny the employee’s request. If the request is granted, then the employee s hall shall be issued a contract consistent with all applicable terms of this Agreement. The Board’s decision shall be final and shall not be grievable under Article IV. C. An employee who elects to resign without submitting a letter of resignation under the terms of (A) above shall have to wait o ne one year from the date of retirement for initial payment.

Sick Leave Buy Out. Any Effective on July 1,2014, any support staff employee covered by the LNSU, LUSD #18,CES, ECS and HPES bargaining units who has ten (10) years of continuous service with the same employer, inclusive of bona fide leaves of absence, and who has attained the age of 55, upon employment termination (except for misconduct or poor job performance) shall be paid for accrued unused sick leave according to the following formula: fifty dollars ($50.00) will be paid for each unused sick day to a maximum payment of $7,500. Payment will be made to the employee or his estate in three equal installment sinstallments, the first due within 60 days of the employee’s departure and the remaining two on the first and second anniversary of termination. This is a once-in- in-a-lifetime benefit and may not be repeated if a former employee who has received this payment is subsequently rehired. A. Employee shall submit a formal letter of resignation to the Superintendent no later than the first scheduled work day in January of the employee’s final contract year. Specifically, the employee shall: one, call or e-mail the LNSU HR Director by this date that the letter of resignation has been or will be submitted; and two, hand-deliver the letter by this date to the Central Office during C.O. work hours, OR, mail the letter so that it is postmarked no later than December 31. Once the letter is submitted, the employee will no longer be entitled to a contract for the following school year, except as provided in (B) below. B. In the case of a major and unforeseeable change in personal life circumstances after an employee has submitted a letter of resignation, such as death or serious disability of a spouse, an employee may ask the Board to rescind the letter of resignation. The Board shall have the sole discretion to grant or deny the employee’s request. If the request is granted, then the employee s hall shall be issued a contract consistent with all applicable terms of this Agreement. The Board’s decision shall be final and shall not be grievable under Article IV. C. An employee who elects to resign without submitting a letter of resignation under the terms of (A) above shall have to wait o ne one year from the date of retirement for initial payment.