Sick Leave Buyback Program Sample Clauses

Sick Leave Buyback Program. The Employer agrees to establish a Sick Leave Buyback Program for custodial employees hired before July 1, 2015. Upon official retirement with the Norfolk County Retirement System, employees covered by this Agreement shall be entitled to compensation for any unused sick leave at a rate of forty dollars ($40) per day up to a maximum of five thousand two hundred dollars ($5,200). An employee who dies while employed by the Town of Xxxxxxxx shall be entitled to compensation for any unused accumulated sick leave at the aforementioned rate of forty dollars ($40) per day up to a maximum of five thousand two hundred dollars ($5,200) regardless of length of service. Such payment shall be made to the person or persons (i.e. next-of-kin, estate) that is payable. An employee who intends to retire and take advantage of the Sick Leave Buyback shall submit, to the Employer, a letter indicating the date they intend to retire. This letter shall be submitted no later than sixty (60) days prior to the date which they intend to retire. The notice requirement shall not apply in cases of death or emergencies due to serious illness. Employees who fail or who are unable to provide the sixty (60) days’ notice due to extenuating circumstances may petition the TA for payout consideration. Employees hired after July 1, 2015 shall not be eligible for the Sick Leave Buy Back at retirement.
Sample 1
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Sick Leave Buyback Program. The Village shall not be required to offer any type of sick leave buyback program or compensate member of the bargaining unit for any accrued and unused sick leave hours, outside of the provisions specified in Section 11.3, Sick Leave Pay at Retirement, of this Agreement. The Village agrees, however, that if it elects to provide other employees of the Village with a sick leave incentive and buyback program, it will also offer the same incentive program to the Union during the term of this Agreement.
Sample 1
Sick Leave Buyback Program. Secretaries who have served in the Framingham School System for fifteen (15) years or more will be entitled to a buyback of unused sick leave time upon retirement according to the following stipulations: ● The Unit S employee must have a minimum of fifty (50) sick days accumulated at the point of retirement. ● For every sick day beyond fifty (50), the Unit S employee will be paid the amount of one hundred and fifty dollars ($150.00) for each unused sick day. For Unit S employees working less than full time at the time of retirement, the daily rate will be prorated. ● The maximum amount payable under this buyback plan is five thousand dollars ($5,000.00) for each secretary who retires. Effective July 1, 2008, increase cap from five thousand dollars ($5,000.00) to five thousand five hundred dollars ($5,500.00). Effective July 1, 2009, increase cap from five thousand five hundred dollars ($5,500.00) to six thousand dollars ($6,000.00). Effective July 1, 2010, increase cap from six thousand dollars ($6,000.00) to six thousand five hundred dollars ($6,500.00). Effective July 1, 2013, increase cap from six thousand five hundred dollars ($6,500) to eight thousand five hundred dollars ($8,500). Effective July 1, 2008, any payment under this Article will be made in two (2) equal annual installments with the first payment on the date of retirement and the second payment on the first anniversary of the date of retirement. However, if the benefit to which the employee is entitled is not more than fifty percent (50%) of the then applicable cap, the total benefit shall be paid on the date of retirement; e.g. if the benefit is three thousand dollars ($3,000.00) and the cap is six thousand dollars ($6,000.00), the entire three thousand dollars ($3,000.00) shall be paid on the date of retirement. If the benefit is four thousand dollars ($4,000.00) and the cap is six thousand dollars ($6,000.00), the employee shall receive two thousand dollars ($2,000.00) on the date of retirement and two thousand dollars ($2,000.00) on the first anniversary of the date of retirement. ● Notification of intent to retire must be received by the Superintendent or his designee, at least ninety (90) days in advance of the effective retirement date.
Sample 1
Sick Leave Buyback Program. Employees who have sick leave days, including personal business leave and funeral leave days accumulated as sick leave days, in excess of one hundred twenty (120) days at the end of the year will have those additional days that accumulated during the year bought back at the employee’s current per diem rate in effect at the end of such year. This contribution will be contributed by the School Corporation to the employee’s 401(a) plan account before the July 31st following the respective year of any annual buyback. This annual buyback will be in addition to any benefits that an employee may qualify for pursuant to the Transition Buyback Program. Notwithstanding the foregoing, the number of sick leave days bought back shall be limited in order that the accumulated sick leave days at the end of a year are not reduced below one hundred twenty (120) sick leave days. Furthermore, the annual buyback shall be limited in such manner as is necessary as not to exceed the annual limitations on contributions to an employee's 401(a) plan account as established in the Internal Revenue Code.
Sample 1
Sick Leave Buyback Program. Secretaries who have served in the Framingham School System for fifteen (15) years or more will be entitled to a buyback of unused sick leave time upon retirement according to the following stipulations:
Sample 1
Sick Leave Buyback Program. Employees who have sick leave days, including personal business leave and funeral leave days accumulated as sick leave days, in excess of one hundred twenty (120) days at the end of the year will have those additional days that accumulated during the year bought back at the employee’s current per diem rate in effect at the end of such year. This contribution will be contributed by the School Corporation to the employee’s 401(a) plan account before the July 31st following the respective year of any annual buyback. Notwithstanding the foregoing, the number of sick leave days bought back shall be limited in order that the accumulated sick leave days at the end of a year are not reduced below one hundred twenty (120) sick leave days. Furthermore, the annual buyback shall be limited in such manner as is necessary as not to exceed the annual limitations on contributions to an employee's 401(a) plan account as established in the Internal Revenue Code.
Sample 1
Sick Leave Buyback Program. Employees shall be eligible to cash out up to one hundred eighty (180) hours of vacation and/or sick leave time, combined, per year. The cash-out may be taken in any increment amount up to 180 hours and at any time during the fiscal year, as long as such cash out shall not deplete the employee’s accrued sick leave below one hundred eighty (180) hours. The cash out of sick leave time will be at the employee’s current salary rate. The cash out of sick leave time will be at the employee’s current base hourly (base salary) rate, not the FLSA regular rate of pay. The payment shall include salary and special compensation but exclude overtime and cafeteria payments. The cash out rate of 180 hours is limited only to the July 1, 2019 – June 30, 2021 MOU and shall automatically end on June 30, 2021. Thereafter, the prior cash out rate of 200 hours shall be reinstated, unless otherwise negotiated as part of a successor MOU. Y ears of City Service Percentage to be Paid 5 years 35% 10 years 55% 15 years 65% 20 years 100%
Sample 1
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Related to Sick Leave Buyback Program

  • Sick Leave Buy Back To encourage and reward employees who maintain good job attendance, the parties agree to the following incentive award: Employees who utilize two (2) sick leave days or less each assigned school calendar year and year-round employees who utilize three (3) sick leave days or less during each assigned school calendar year - upon request – shall receive payment for up to eight (8) days of sick leave, provided the employee worked the full assigned calendar year.* The following procedures apply to the payment of sick leave under this section. 1. An employee must have a minimum of twenty-five (25) days of accumulated sick leave remaining after the payment for unused sick leave under this section. 2. The payment of this incentive shall be paid to eligible employees no later than October 31st of the school year following the school year in which the employee qualified for the incentive pay. 3. For purposes of this section, sick leave shall be defined pursuant to all sections of F.S.1012.61. 4. Days for which such award payment is received shall be deducted from the accumulated leave balance. 5. Payment shall be equal to the number of eligible days times the affected employees daily rate of base pay times eighty percent (80%).

  • Sick Leave Incentive The City will institute a sick leave incentive based on the usage of the bargaining unit; further, the City will pay each person who qualifies during January of each year. The incentive will be calculated and monitored by the Personnel Department and will be based on the pay periods during a calendar year. The incentive shall be awarded only when the bargaining unit's average sick leave usage is less than the City average and the following conditions are met: When the bargaining unit's sick leave usage is greater than forty (40) hours but less than the City average, the City will pay each member using between zero (0) and sixteen (16) hours of sick leave, eight (8) hours pay and any member using more than sixteen (16) but equal to or less than twenty-four (24) hours, four (4) hours pay. When the bargaining unit's average sick leave usage is equal to or less than forty (40) hours, the City will pay each member who used between zero (0) and sixteen (16) hours, sixteen (16) hours of pay at their current hourly rate. Those members who used more than sixteen (16) but equal to or less than twenty-four (24) hours, will receive eight (8) hours of pay.

  • Sick Leave Pool The purpose of the emergency sick leave pool is to furnish additional sick days for certified staff under the negotiated agreement. This leave can only be used during the school year after the teacher has exhausted all regular accumulated sick leave and discretionary leave. Leave will be granted for catastrophic illness or injury of the employee only, on a first-come, first-ask basis. The emergency sick leave pool will be funded by the days certified staff has over the 80-day maximum sick leave this is given to each employee on July 1 of each year. All days over the 80-day accumulated sick leave the employees receive will be put into an emergency sick leave pool with an accumulation not to exceed 80 days for the pool. The maximum number of emergency sick leave pool days that may be accumulated during the school year is 20 days. A written application along with a physician’s statement documenting the nature of the catastrophic illness or injury must be sent to the building principal. The Emergency Sick Leave Pool Committee will meet within 10 calendar days after receiving the application to consider the request. The application may be sent to the building principal before the employee’s regular sick leave ends. The Emergency Sick Leave Pool Committee will consist of six members. One member from each of the four schools (“Primary, Intermediate, Middle, and High School”) the Superintendent and the building principal from the building of the applicant. All members will meet to determine ach request; however, the committee member representing the same building as the applicant will not vote. The building principal and superintendent will vote in all cases. The committee members will serve for a period of two years. The Primary and Middle School members will be elected on even calendar years and the Intermediate and the High School members will be elected on odd calendar years. If a member of the committee leaves the employment of the USD 210 before the end of his/her term, the committee will appoint a new committee member form the affected building. The committee members will be in place by September 1 of each year. The emergency sick leave bank may not be used to cover employees who are receiving pay, salary protection payments, and disability insurance payments or are eligible to receive compensation from workers’ compensation or KPERS disability.

  • Sick Leave Donation 10.3.1 A worker may donate days of sick leave to individual District workers who, due to a serious health condition, have exhausted all accumulated sick leave. Donating workers must retain a sixty (60) day balance of sick leave after their donation. No worker may receive more than 40 days of donated leave per year. 10.3.1.1 A “serious health condition” is defined as an illness, injury, impairment or physical or mental condition which involves inpatient care in a hospital, hospice, or residential health care facility, or continuing treatment or continuing supervision by a health care provider as defined in 29 USC 825.114(a) and as certified by a worker’s physician or other qualified medical practitioner. 10.3.1.2 The Vice Chancellor of Human Resources and the Chief Stewards by mutual agreement will verify the certification for eligibility. If the certification from the worker’s physician is insufficient, a certification by a physician of the District’s choosing may be required, at District expense. The District may require additional medical opinions. 10.3.2 Donated leave must be in one-day increments (no less than 8 hours). Recipients of donated sick leave shall be solely responsible for any state and federal taxes on the donated time. Such taxes shall be withheld at the normal rate for the recipient worker. In the event that the state or federal governments rule that tax liability is due other than as taxed, the recipient shall be solely liable for such liabilities. 10.3.2.1 The donated sick leave may be used only when the worker has exhausted accumulated sick leave and either is not eligible for long- term disability or is eligible but has not begun to receive the long-term coverage. 10.3.2.2 The Vice Chancellor of Human Resources shall be notified of solicitation of donations. Solicitations of donations may be made by the individual or his/her representative(s). 10.3.2.3 Donation of sick leave shall be authorized by a signed pledge form prepared by and filed with the District Office of Human Resources. In the event several workers donate sick leave, the sick leave shall be used in the order in which the signed pledge forms are filed with Human Resources. 10.3.2.4 If the worker does not use all donated sick leave, the sick leave shall be returned to the donating worker(s).

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