Common use of Sick Leave Cash Out Clause in Contracts

Sick Leave Cash Out. The employee has the annual option to cash out certain unused sick leave on the terms noted below or to “bank” unused sick leave. An employee can also elect to split the number of sick leave days subject to cash-out and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank as opposed to being cashed out. Payment at the employee’s then current base rate for the fiscal year during which the sick leave was earned but not used shall be made only to employees working during the last payroll of the fiscal year as defined by the Finance Department. To qualify for payment an employee must have a sick leave “bank” of 96 hours. For the purposes of this Section, “bank” means sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Used In the Fiscal Year Sick Leave HoursPayable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave or other paid time off not appropriately scheduled in advance disqualifies an employee from eligibility for payment under this Section for the year in which the unauthorized leave occurs. Sick leave for which cash-out is received is considered “used” in that it will not be added to the “bank” (or, if added to the “bank” prior to the cash-out date, shall be removed from the “bank”). Sick leave cash-outs under this Section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned.

Appears in 1 contract

Samples: Memorandum of Understanding

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Sick Leave Cash Out. The employee has Employees have the annual option to cash out be paid for certain unused sick leave on the terms noted below or to “bank” unused sick leave. An employee can also elect to split the number of sick leave days subject to cash-out buy back and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank as opposed to being cashed out. Payment at the employee’s then current base rate for the fiscal year during which the sick leave was earned but not used shall be made only to employees working who are in pay status during the last payroll of the fiscal year as defined by the Finance Department. To qualify for payment payment, an employee must have a sick leave “bank” of 96 hoursat least 12 days. For the purposes of this Sectionsection, “bank” means sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Used In the Fiscal Year Sick Leave HoursPayable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave or other paid time off not appropriately scheduled in advance disqualifies an employee from eligibility for payment under this section. An exception to this provision is the use of Code 40 for time off in accordance with the Family School Partnership Act, as described in Section for the year in which the unauthorized leave occurs4.12 of this Agreement. Sick leave for which cash-out payoff is received is considered “used” in that it will not be added to the “bank” (or, if added to the “bank” prior to the cash-out payoff date, shall be removed from the “bank”). Sick leave cash-outs payoffs under this Section section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned. For the purposes of this section, sick leave days subject to payoff at the end of the fiscal year shall be paid on the basis of eight hours’ pay, at the employee’s base rate, for each sick leave day eligible for payoff.

Appears in 1 contract

Samples: Memorandum of Understanding

Sick Leave Cash Out. The employee has the annual option to cash out be paid for certain unused sick leave on the terms noted below or to “bank” unused sick leave. An employee can also elect to split the number of sick leave days subject to cash-out buy back and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank “bank” as opposed to being cashed out. Payment at the employee’s then current base hourly rate for of pay as of the end of the fiscal year during which the sick leave was earned but not used used, excluding any special assignment or bonus pay, shall be made only to employees working during on the last payroll as of the June 30th of that fiscal year as defined by the Finance Departmentyear. To qualify for payment an employee must have a sick leave “bank” of 96 hours12 days. For the purposes of this Section, “bank” means shall mean sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Used In 4 5 6 7 8 9 It is mutually acknowledged by the Fiscal Year Sick Leave HoursPayable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The parties that the use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave or other paid time off as it applies to this Section which was not appropriately scheduled in advance disqualifies will disqualify an employee from eligibility for payment under this Section Section. Notwithstanding the foregoing, the use of Code 40 while out on workers’ compensation leave will not disqualify the employee from being eligible for the year in which the unauthorized leave occursSick Leave Buy Back. Sick leave for which cash-out payoff is received is shall be considered “used” in that it will not be added to the “bank” (or, if added to the “bank” prior to the cash-out payoff date, shall be removed from the “bank”). Sick leave cash-outs under this Section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned.

Appears in 1 contract

Samples: Memorandum of Understanding

Sick Leave Cash Out. The employee has the annual option to cash out be paid for certain unused sick leave on the terms noted below or to "bank" unused sick leave. An employee can also elect to split the number of sick leave days subject to lo cash-out and can designate that a portion of those days, as specified by the employee, be placed left in the employee’s 's sick leave bank as opposed to "bank" instead of being cashed out. Payment at the employee’s then current 's base rate salary for the fiscal year during which the sick leave was earned but not used used, excluding any special assignment or skill pay, shall be made only to employees working in a paid status during the last payroll of the fiscal year as defined by the Finance Department. To qualify for payment payment, an employee must have a sick leave "bank" of 96 hourssix days. For the purposes of this Section, "bank” means " shall mean sick leave earned in prior years and reported in the "Sick Leave Balance Brought Forward from Prior Contract Year'' column of the "Vacation, Sick Leave and Compensatory Time" report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 /// /// Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Used In the Fiscal Year Sick Leave HoursPayable Hours Payable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The It is mutually acknowledged by the parties that the use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave or other paid time off not appropriately scheduled in advance disqualifies will disqualify an employee from eligibility for payment under this Section Section. There will be an exception to this MOU provision for employees who work a compressed work schedule. Employees assigned to work a compressed work schedule may use Code 40 or other paid leave time, including vacation, compensatory time, or unclassified leave, to supplement the eight hours of paid sick leave in order to receive a full day’s pay for a sick day. The use of Code 40 or other paid leave time in this manner by an employee assigned to a compressed work schedule will not disqualify the employee from being eligible for the year in which the unauthorized sick leave occursbuy back. Sick leave for which cash-out payoff is received is shall be considered "used" in that it will not be added to the "bank" (or, or if added to the "bank" prior to the cash-out payoff date, shall be removed from the "bank"). Sick leave cash-outs under this Section Such payment shall be made by separate check by prorated only for employees taking service retirement during the end contract year or for new employees on the payroll as of July following the fiscal year in which the payable sick leave was earnedJune 30th of any covered contract year.

Appears in 1 contract

Samples: Memorandum of Understanding

Sick Leave Cash Out. The employee has the annual option to cash out be paid for certain unused sick leave on the terms noted below or to “bank” unused sick leave. An employee can also elect to split the number of sick leave days subject to cash-out buy back and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank “bank” as opposed to being cashed out. Payment at the employee’s then current base rate salary for the fiscal year during which the sick leave was earned but not used used, excluding any special assignment or bonus pay, shall be made only to employees working during on the last payroll as of the June 30th of that fiscal year as defined by the Finance Departmentyear. To qualify for payment payment, an employee must have a sick leave “bank” of 96 hours12 days. For the purposes of this Section, “bank” means sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Used In the Fiscal Year Sick Leave HoursPayable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave or other paid time off that was not appropriately scheduled in advance disqualifies an employee from eligibility for payment under this Section for Section, with the year in which the unauthorized leave occurs. Sick leave for which cash-out is received is considered “used” in that it will not be added to the “bank” (or, if added to the “bank” prior to the cash-out date, shall be removed from the “bank”). Sick leave cash-outs under this Section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned.exceptions:’

Appears in 1 contract

Samples: Memorandum of Understanding

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Sick Leave Cash Out. The employee has the annual option to cash out be paid for certain unused sick leave on the terms noted below or to “bank” unused sick leave. An employee can also elect to split the number of sick leave days subject to cash-out buy back and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank “bank” as opposed to being cashed out. Payment at the employee’s then current base hourly rate for of pay as of the end of the fiscal year during which the sick leave was earned but not used used, excluding any special assignment or bonus pay, shall be made only to employees working during on the last payroll as of the June 30th of that fiscal year as defined by the Finance Departmentyear. To qualify for payment an employee must have a sick leave “bank” of 96 hours12 days. For the purposes of this Section, “bank” means shall mean sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Used In It is mutually acknowledged by the Fiscal Year Sick Leave HoursPayable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The parties that the use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave or other paid time off as it applies to this Section which was not appropriately scheduled in advance disqualifies will disqualify an employee from eligibility for payment under this Section Section. Notwithstanding the foregoing, the use of Code 40 while out on workers’ compensation leave will not disqualify the employee from being eligible for the year in which the unauthorized leave occursSick Leave Buy Back. Sick leave for which cash-out payoff is received is shall be considered “used” in that it will not be added to the “bank” (or, if added to the “bank” prior to the cash-out payoff date, shall be removed from the “bank”). Sick leave cash-outs under this Section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned.

Appears in 1 contract

Samples: Memorandum of Understanding

Sick Leave Cash Out. The employee has Employees have the annual option to cash out be paid for certain unused sick leave on the terms noted below or to “bank” unused sick leave. An If allowed by the City’s payroll system, an employee can also elect to split the number of sick leave days subject to cash-out buy back and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank “bank” as opposed to being cashed out. Payment at the employee’s 's then current base rate for the fiscal year during which the sick leave was earned but not used used, excluding any special assignment or bonus pay, shall be made only to employees working during the last payroll of the fiscal year as defined by the Finance Department. To qualify for payment an employee must have a sick leave “bank” of 96 hours. For the purposes of this Sectionsection, “bank” means sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Used In the Fiscal Year Sick Leave Hours Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 8 64or more 0 Annual sick leave payoffs under this Section section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s 's sick leave bank to cover the payoff described below: Sick Leave Hours Used In the Fiscal Year Sick Leave HoursPayable At Fiscal Year End 16 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The use of Code 40 (leave without pay) should be limited to situations where no other appropriate paid leave is available. The use of Code 40 in lieu of sick leave leave, or the use of other paid time off not appropriately scheduled in advance disqualifies advance, will disqualify an employee from eligibility for payment under this Section section for the year in which the unauthorized leave occurs, and may subject the employee to disciplinary action. Sick leave for which cash-out payoff is received is considered “used” in that it will not be added to the “bank” (or, or if added to the “bank” prior to the cash-out date, payoff date shall be removed from the “bank”). Sick leave cash-outs payoffs under this Section section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned.

Appears in 1 contract

Samples: Memorandum of Understanding

Sick Leave Cash Out. The employee has the annual option to cash out be paid for certain unused sick leave on the terms noted below or to “bank” unused sick leave. An employee can also elect to split the number of sick leave days subject to cash-out buy back and can designate that a portion of those days, as specified by the employee, be placed in the employee’s sick leave bank as opposed to being cashed out. Payment at the employee’s then current base rate for the fiscal year during which the sick leave was earned but not used shall be made only to employees working during the last payroll of the fiscal year as defined by the Finance Department. To qualify for payment an employee must have a sick leave “bank” of 96 hours12 days. For the purposes of this Section, “bank” means sick leave earned in prior years and reported in the “Sick Leave Balance Brought Forward from Prior Contract Year” column of the “Vacation, Sick Leave and Compensatory Time” report issued by the Finance Department at the beginning of the fiscal year during which payable sick leave is earned. Annual sick leave cash-outs payoffs under this Section for employees with less than ten years of service shall be made according to the following schedule: Sick Leave Hours Days Used In the Fiscal Year Sick Leave Hours Days Payable At Fiscal Year End 16 48 24 40 32 32 40 24 48 16 56 4 4 5 3 6 2 7 1 8 64or or more 0 Annual sick leave payoffs under this Section for employees with ten or more years of service shall be made according to the following schedule, provided that there are enough sick days accrued in the employee’s sick leave bank to cover the payoff described below: Sick Leave Hours Days Used In the Fiscal Year Sick Leave HoursPayable Days Payable At Fiscal Year End 16 2 12 3 11 4 10 5 9 7 7 8 6 9 5 13 1 14 or less 96 24 88 32 80 40 48 72 56 64 64 56 72 48 80 40 88 32 96 24 104 16 112or more 8 0 The use For a part-time employee, the sick leave buy back schedule set forth above will be prorated in the same ratio as the number of Code 40 (leave without pay) should be limited hours budgeted for the employee’s position bears to situations where no other appropriate paid leave is availablethe full-time work week. The use of Code 40 in lieu of sick leave or other paid time off not appropriately scheduled in advance disqualifies an employee from eligibility for payment under this Section for the year in which the unauthorized leave occursSection. Sick leave for which cash-out payoff is received is considered “used” in that it will not be added to the “bank” (or, if added to the “bank” prior to the cash-out payoff date, shall be removed from the “bank”). Sick leave cash-outs payoffs under this Section shall be made by separate check by the end of July following the fiscal year in which the payable sick leave was earned.

Appears in 1 contract

Samples: Memorandum of Understanding

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