Common use of Sick Leave Conversion to Deferred Compensation Clause in Contracts

Sick Leave Conversion to Deferred Compensation. This option is for active employees only. Upon completion of 20 years of PERS service, employees may elect to convert accumulated sick leave hours to cash and transfer it to the City’s qualified deferred compensation program. The following conditions apply:

Appears in 3 contracts

Samples: Contract, Contract, Contract

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Sick Leave Conversion to Deferred Compensation. This option is for active employees only. Upon completion of 20 fifteen (15) years of PERS service, employees may elect to convert accumulated sick leave hours to cash and transfer it to the City’s qualified deferred compensation program. The following conditions apply:

Appears in 2 contracts

Samples: Contract, emrb.nv.gov

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