Sick Leave Conversion Option (Management Unit Only. Any sick leave hours converted to vacation leave hours are not considered time accrued for the current calendar year. The following guidelines apply: (1) Employees who have contributed to a public sector retirement(s) for over ten (10) years and have not withdrawn the contribution from the system(s) may exchange accrued sick leave hours in excess of eight hundred (800) hours for vacation time. (2) Sick leave must be exchanged in ten (10) hour increments. (3) A maximum of eighty (80) sick leave hours may be converted. (4) The ratio of exchange is as follows:
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
