Common use of Sick Leave Cash Out Clause in Contracts

Sick Leave Cash Out. 4.1 Upon retirement, death or layoff employees can cash out sick leave up to one hundred twenty (120) days at the following rate: Zero to two hundred forty (240 hours at 100% and the remainder at a four to one (4 to 1) ratio.

Appears in 4 contracts

Samples: Working Agreement, Working Agreement, Working Agreement

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Sick Leave Cash Out. 4.1 7.4.1 Upon retirement, retirement or death or layoff employees can cash out sick leave up to one hundred twenty eight (120180) days at the following rate: Zero to two hundred forty (240 hours at 100% (100%) and the remainder at a four to one (4 to 1) ratio.

Appears in 1 contract

Samples: Working Agreement

Sick Leave Cash Out. 4.1 7.4.1 Upon retirement or death employees can cash out sick leave up to one hundred eight (180) days at the following rate: Zero to two hundred forty (240 hours at 100% (100%) and the remainder at a four to one (4 to 1) ratio. Upon retirement, death or layoff employees can cash out sick leave up to one hundred twenty eighty (120180) days at the following rate: Zero to two hundred forty (240 240) hours at 100% and the remainder at a four to one (4 to 1) ratio.

Appears in 1 contract

Samples: Working Agreement

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Sick Leave Cash Out. 4.1 7.4.1 Upon retirement or death employees can cash out sick leave up to one hundred eight (180) days at the following rate: Zero to two hundred forty (240 hours at 100% (100%) and the remainder at a four to one (4 to 1) ratio. Upon retirement, death or layoff employees can cash out sick leave up to one hundred twenty eighty (120180) days at the following rate: Zero to two hundred forty (240 hours at 100% and the remainder at a four to one (4 to 1) ratio.

Appears in 1 contract

Samples: Working Agreement

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