Sick Leave Cash-In Sample Clauses

Sick Leave Cash-In. To encourage and reward personnel, who exercise particular care in the maintenance of their personal health and job attendance, the Board provides a good attendance incentive. All employees in the bargaining unit who accrue sick leave may cash in sick leave days accrued each year, provided the following criteria are met: 1. The employee must use no more than a total of three sick/personal leave days during the course of the fiscal year (July 1-June 30). 2. The employee must have remaining a minimum of 21 accrued sick leave days after cash-in of sick leave days accrued on an annual basis. Compensation for annual accrued sick leave cashed in, pursuant to the above provisions, shall be as follows: a) The employee’s daily rate of pay during the fiscal year in which the days were accrued times 80 percent. b) Payment for this benefit will be made on or before August 1 of the following fiscal year. Days for which such payment is received shall be deducted from the employee’s accumulated leave balance.
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Sick Leave Cash-In. Administrators shall accrue sick leave at the rate of 1 and 1/3 days per month. Administrators who are unable to apply their sick leave towards retirement in their respective Retirement System (TRS Tier III), shall be paid at sixty-seven percent (67%) of per diem rate for unused sick leave accrued while employed by KPBSD upon death, resignation, or retirement from the District through TRS.
Sick Leave Cash-In. Upon retirement, a teacher may elect to receive payment for up to thirty (30) sick days accumulated through annual allotment and not used for TRS creditable service. Payment per day shall be 100% of the District’s then current short-term daily substitute rate. Payment shall be made by January 15th of the calendar year following the year of retirement. The teacher may elect to receive the payment in cash or directly into a qualified Health Savings Account.
Sick Leave Cash-In. The management employee shall have the right to cash in all unused accumulated 100% sick leave. Such hours shall be compensated for by cash payment at 50% of the employee's current salary rate.
Sick Leave Cash-In. Employees who use no more than 2 sick leave days, including leave for personal reasons in any fiscal year, shall be eligible to "cash in" up to two (2) days of their sick leave according to the following provisions: 1. Employees must apply on forms prescribed by the Payroll Department during the month of June. 2. The number of days purchased from the employee's accumulated balance shall be paid at 80% of the employee's daily rate in effect during the fiscal year that the application is made as provided in Section 231-40, F.S. and shall be deducted from the employee's sick leave upon approval of the application. Once the days are deducted, the deduction shall be irrevocable. 3. An employee must be employed or on compensable leave on the first workday for that employee's position during the fiscal year that the application is made, and must be employed or be on compensable leave on the date of payment. 4. If an employee elects to be paid for these days, payment shall be made no later than December 5 of each year.
Sick Leave Cash-In. An employee who has accumulated more than thirty-three (33) sick days by the end of any calendar year may upon giving written notice to the President/CEO or her delegatee prior to the end of the year, receive payment for unused sick days accumulated during that calendar year at the rate of one-day's pay for every two (2) unused sick days accumulated during the year. The employee must cash-in all unused days accumulated during the year to be eligible for this benefit. The employee shall be paid for the unused days by February 28 of the following year. It is understood that the maximum cash payment to an employee with thirty-three (33) or more sick days is six (6) days pay.
Sick Leave Cash-In. An employee who elects this severance option shall waive his/her right to reinstatement and options covered under 4.2 and 4.3 of this article; but shall have the right to cash in all unused accumulated 100% sick leave. Such hours shall be compensated for by cash payment at 50% of the employee's current salary rate.
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Sick Leave Cash-In. Upon giving at least 90 days irrevocable written notice of their retirement, teaching assistants can avail themselves of a sick leave cash-in benefit according to the following procedures: 1. They must have at least 30 days of accumulated sick leave at the time of their retirement and can cash in up to 150 days. 2. Effective July 1, 2005, the teaching assistants shall receive $35.00 per day for each accumulated sick day. To receive this mandatory non-elective contribution, the employee must establish a 403(b) account at least 30 days prior to retirement in accordance with Section 2.16d. 3. The 90-day notice requirement may be waived by the Superintendent after receipt of the recommendation of a teaching assistant’s application for waiver from the President of the ETA and Associate Superintendent for Instruction.

Related to Sick Leave Cash-In

  • Sick Leave Cash Out Eligible employees may elect to receive monetary compensation for accrued sick leave as follows: In January of each year an employee whose sick leave balance at the end of the previous year exceeds four hundred eighty (480) hours may elect to convert the sick leave hours earned in the previous calendar year, minus those hours used during the year, to monetary compensation. No sick leave hours may be converted which would reduce the calendar year end balance below four hundred eighty (480) hours. Monetary compensation shall be paid at the rate of twenty-five percent and shall be based on the employee’s current salary. All converted hours will be deducted from the sick leave balance. Employees who separate from University service due to retirement or death shall be compensated for the unused sick leave accumulation from the date of most recent hire in a leave eligible position with the State of Washington at the rate of 25%. Compensation shall be based upon the employee’s wage at the time of separation. For the purpose of this section, retirement shall not include vested out of service employees who leave funds on deposit with the retirement system. Former eligible employees who are re-employed within three (3) years of their separation from service shall be granted all unused sick leave credits, if any, to which they are entitled at time of separation.

  • Sick Leave Pay A Nurse granted sick leave shall be paid for the period of such leave at her or his regular hourly rate of pay and the number of hours thus paid shall be deducted from the accumulated sick leave credits of the Nurse.

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Sick Leave Separation Cash Out At the time of retirement from state service or at death, an eligible employee or the employee’s estate will receive cash for their compensable sick leave balance on a one (1) hour for four (4) hours basis. For the purposes of this Section, retirement will not include “vested out of service” employees who leave funds on deposit with the retirement system.

  • Sick Leave Bonus ‌ For every six (6) months of perfect sick leave attendance after July 1, 1987, the employee will receive eight (8) hours of bonus time. This bonus time will be prorated for part-time employees. Such bonus time can be used for any leave purpose covered by this Agreement. Such bonus time shall be counted as vacation leave credits for purposes of determining eligibility for carry- over and cash payments.

  • Sick Leave Payout No cash payment for unused sick leave will be paid to any employee leaving the service of the Employer.

  • Sick Leave Allowance Faculty with a full-time assignment shall accrue sick leave at the rate of eight

  • 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.

  • Paid Sick Leave For those jurisdictions that have passed or will pass legislation requiring Paid Sick Leave, Paid Sick Time will be billed back to Client at the straight-time bill rate for all hours taken by any Consultant assigned to Client. This section is not applicable until the effective date of such legislation has been reached.

  • Sick Leave Benefits Sick leave is an indemnity benefit and not an acquired right. A Nurse who is absent from a scheduled shift on approved sick leave shall only be entitled to sick leave pay if the Nurse is not otherwise receiving pay for that day, and providing the Nurse has sufficient sick leave credits.

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