Common use of Sick Leave - Compensation for Clause in Contracts

Sick Leave - Compensation for. (1) Employees shall be eligible to receive monetary compensation for accrued sick leave as follows: a. In January of each year, and at no other time, an employee whose year- end sick leave balance exceeds four hundred eighty (480) hours may choose to convert sick leave hours earned in the previous calendar year, minus those used during the year, to monetary compensation. i. No sick leave hours may be converted which would reduce the calendar year-end balance below four hundred eighty (480) hours. ii. Monetary compensation for converted hours shall be paid at the rate of twenty-five percent (25%) and shall be based upon the employee's current salary. iii. All converted hours will be deducted from the employee's sick leave balance. iv. Hours which are accrued, donated, and returned from the shared leave program in the same calendar year, may be included in the converted hours for monetary compensation. b. Employees who separate from state service on or after September 1, 1979, due to retirement or death shall be compensated for their unused sick leave accumulation at the rate of twenty-five percent (25%). Compensation shall be based upon the employee's salary at the time of separation. The twenty-five percent (25%) will be put into the employee's VEBA. For the purpose of this subsection, retirement shall not include "vested out-of-service" employees who leave funds on deposit with the retirement system. (2) Compensation for unused sick leave shall not be used in computing the retirement allowance; therefore no contributions are to be made to the retirement system for such payments, nor shall such payments be reported as compensation. (3) An employee who separates from the classified service for any reason other than retirement or death shall not be paid for accrued sick leave.

Sick Leave - Compensation for. (1) A. Employees shall be eligible to receive monetary compensation for accrued sick leave as follows: a. 1. In January of each year, and at no other time, an employee whose year- year-end sick leave balance exceeds four hundred eighty (480) hours may choose to convert sick leave hours earned in the previous calendar year, minus those used during the year, to monetary compensation. i. a. No sick leave hours may be converted which would reduce the calendar year-end balance below four hundred eighty (480) hours. ii. b. Monetary compensation for converted hours shall be paid at the rate of twenty-five percent (25%) and shall be based upon the employee's current salary. iii. c. All converted hours will be deducted from the employee's sick leave balance. iv. d. Hours which are accrued, donated, and returned from the shared leave program in the same calendar year, may be included in the converted hours for monetary compensation. b. 2. Employees who separate from state service on or after September 1, 1979, due to retirement or death shall be compensated for their unused sick leave accumulation at the rate of twenty-five percent (25%). Compensation shall be based upon the employee's salary at the time of separation. The twenty-twenty- five percent (25%) will be put into the employee's VEBA. For the purpose of this subsection, retirement shall not include "vested out-of-service" employees who leave funds on deposit with the retirement system. (2) B. Compensation for unused sick leave shall not be used in computing the retirement allowance; therefore no contributions are to be made to the retirement system for such payments, nor shall such payments be reported as compensation. (3) C. An employee who separates from the classified service for any reason other than retirement or death shall not be paid for accrued sick leave.

Sick Leave - Compensation for. (1) A. Employees shall be eligible to receive monetary compensation for accrued sick leave as follows: a. 1. In January of each year, and at no other time, an employee whose year- year-end sick leave balance exceeds four hundred eighty (480) hours may choose to convert sick leave hours earned in the previous calendar year, minus those used during the year, to monetary compensation. i. a. No sick leave hours may be converted which would reduce the calendar year-end balance below four hundred eighty (480) hours. ii. b. Monetary compensation for converted hours shall be paid at the rate of twenty-five percent (25%) and shall be based upon the employee's current salary. iii. c. All converted hours will be deducted from the employee's sick leave balance. iv. d. Hours which are accrued, donated, and returned from the shared leave program in the same calendar year, may be included in the converted hours for monetary compensation. b. 2. Employees who separate from state service on or after September 1, 1979, due to retirement or death shall be compensated for their unused sick leave accumulation at the rate of twenty-five percent (25%). Compensation shall be based upon the employee's salary at the time of separation. The twenty-five percent (25%) will be put into the employee's VEBA. For the purpose of this subsection, retirement shall not include "vested out-of-of- service" employees who leave funds on deposit with the retirement system. (2) B. Compensation for unused sick leave shall not be used in computing the retirement allowance; therefore no contributions are to be made to the retirement system for such payments, nor shall such payments be reported as compensation. (3) C. An employee who separates from the classified service for any reason other than retirement or death shall not be paid for accrued sick leave.