Common use of Sick Leave Credit Upon Retirement Clause in Contracts

Sick Leave Credit Upon Retirement. A. A State member of the California Public Employees' Retirement System (CalPERS) whose effective date of retirement is within four (4) months of separation from employment with the employer which granted the sick leave credit shall be credited at his/her retirement with 0.004 year of service credit for each unused day of sick leave certified to CalPERS by the employer. B. Until receipt of certification from an employer concerning unused sick leave, CalPERS may pay an estimated allowance pursuant to this Section. At the time of receipt of such certification, the allowance shall be adjusted to reflect any necessary changes.

Appears in 9 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Bargaining Agreement

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Sick Leave Credit Upon Retirement. A. a. A State member of the California Public Employees' Retirement System (CalPERS) whose effective date of retirement is within four (4) months of separation from employment with the employer which granted the sick leave credit shall be credited at his/her retirement with 0.004 year of service credit for each unused day of sick leave certified to CalPERS by the employer. B. b. Until receipt of certification from an employer concerning unused sick leave, CalPERS may pay an estimated allowance pursuant to this Section. At the time of receipt of such certification, the allowance shall be adjusted to reflect any necessary changes.

Appears in 3 contracts

Samples: Psychiatric Technicians Contract, Labor Contract, Psychiatric Technicians Contract

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