Sick Leave Incentive Benefit Sample Clauses

Sick Leave Incentive Benefit. For current regular or probationary employees hired by the District prior to May 1, 1985, the District shall
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Sick Leave Incentive Benefit. Employees upon retirement who maintained during each of the last three years of employment: 1620 hours of unused sick leave and have used equal to or less than the average number of sick days for the fire department for each year, will receive a one- time Employee Attendance incentive payment of $3,000. Employees who may have had a long-term acute illness in this period may receive credit towards their average of used days.
Sick Leave Incentive Benefit. For current regular or probationary employees hired by the District prior to May 1, 1985, the District shall augment the regular sick leave policy with an incentive benefit using a formula crediting eighty five (85%) percent of the employee's yearly unused sick leave to an accumulating account for that person. For
Sick Leave Incentive Benefit. For current regular or probationary employees hired by the District prior to May 1, 1985, the District shall augment the regular sick leave policy with an incentive benefit using a formula crediting eighty-five (85%) percent of the employee's yearly-unused sick leave to an accumulating account for that person. For regular or probationary employees hired by the District after May 1, 1985, the following schedule shall apply: Years of Service Pay off Credit at Termination Pay off Credit at Retirement 0-5 Years 0 Percent 0 Percent 5-10 Years 25 Percent 25 Percent 10-25 Years 25 Percent 35 Percent 25 & Over 25 Percent 40 Percent Payment for all credited sick leave will be made upon retirement or termination of employment only if the employee provides the District with a minimum of two (2) weeks notice. Beginning on April 17, 2022, any cash out of sick leave accruals shall be deducted from an employee’s sick leave accrual bank at time of retirement. Any remaining balance shall be reported to Contra Costa County EmployeesRetirement Association (CCCERA) as retirement service credit.
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