Sick Leave Cash Conversion. A. An employee shall have, pursuant to the following provisions, the options to convert to cash benefit payable on the last payday in December and the last payday of the school year, or carry forward the balance of any unused sick leave credit at year’s end. An employee who accrues sick leave pursuant to this agreement shall have the following options with regard to the portion of sick leave credit:
1. Carry forward the balance of sick leave credit.
2. Receive a cash benefit conversion for the unused balance of sick leave credit. Unused sick leave shall be converted as described below: An employee who did not use sick leave during the previous work period may convert up to three weeks of unused sick leave at a rate equal to fifty percent of the employee’s base rate of pay. The first work period shall be defined as the first work date of the school year through the last work date of November; the second work period shall be defined as the first work day in December through the last work day of the school year. An employee who used no more than one day of sick leave may convert five (5) days, at a rate equal to fifty percent of the employee’s base rate of pay. An employee who used no more than two days of sick leave may convert four (4) days, at a rate equal to fifty percent of the employee’s base rate of pay.
B. The failure of an employee to utilize one of the sick leave conversion options listed above shall result in the automatic carry-forward of any balance of sick leave credit.
C. Any cash benefit conversions of sick leave made at year end under the provisions of this rule shall not be subject to contributions to any of the retirement systems either by the employee or the employer.
D. An employee eligible to receive a cash benefit conversion of sick leave credit must indicate his/her desire to convert any sick leave no later than the end of the pay period that includes the first day of November and the end of the pay period that includes the first day of June.
E. Except in extraordinary circumstances, and with the agreement of the union and the administration, employees who participate in the sick leave cash conversion are ineligible to apply for sick leave donation for one full school year after the cash conversion payment.
Sick Leave Cash Conversion. Upon separation from employment and concurrent assumption of a retiree status in the San Joaquin County Employees Retirement Association, each employee on payroll prior to January 28, 1992, shall convert up to fifteen percent (15%) of accumulated sick leave to cash at the employee's hourly rate at separation if the employee has more than one hundred and sixty (160) hours of sick leave accumulated as of the date of separation and provided that such conversion shall not be in an amount so as to reduce the accumulation below one hundred and sixty (160) hours. Employees in this unit shall choose to use his/her remaining sick leave balance to implement Section 8.4 of this Memorandum provided that the employee has more than one hundred sixty (160) hours of sick leave accumulated as of the date of separation. Any amount received from conversion of sick leave under this Section shall not be considered compensation for purposes of contributions to, or benefits from the San Joaquin County Employees Retirement Association. Any employee hired on or after January 28, 1992 is not eligible for the cash conversion.
