Sick Leave Conversion Formula Sample Clauses

Sick Leave Conversion Formula. All eligible employees as provided in Section 1 above will be required to contribute the cash value of their unused sick leave balances to the Trust, upon separation from employment with the County for reasons other than death, in accordance with the conversion formula below: 241 to 480 hours 35% 481 to 720 hours 40% 721 to 840 hours 45% 841 to 960 hours 50% 961 to 1,200 hours 60% Section 3 – County Contribution

Sick Leave Conversion Formula. All eligible employees will be required to contribute the cash value of their unused sick leave balances to the Trust, upon separation from employment with the County for reasons other than death, in accordance with the conversion formula described below: The following conversion formulas shall apply to Firefighter Paramedics, Firefighter EMTs, Engineers, and Captains: Effective October 12, 2019, the following conversion formulas shall apply to Firefighter Paramedics, Firefighter EMTs, Engineers, and Captains: The following conversion formulas shall apply to Fire Suppression Aide IIs and IIIs: Amount of Remaining Sick Leave Hours 480 hours or less Cash Formula Value 30% 481 to 600 hours 35% 601 to 720 hours 40% 721 to 840 hours 45% 841 to 1,200 hours 60% Effective October 12, 2019, the following conversion formulas shall apply to Fire Suppression Aide IIs and IIIs: Amount of Remaining Sick Leave Hours 480 hours or less Cash Formula Value 30% 481 to 600 hours 40% 601 to 720 hours 45% 721 to 840 hours 50% 841 to 1,300 hours 65%