Common use of Sick Leave Incentive Benefit Clause in Contracts

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 0 - 5 Years Pay-off Credit at Termination 0 Percent Pay-off Credit at Retirement 0 Percent 5 - 10 Years 25 Percent 25 Percent 10 - 25 Years 25 Percent 35 Percent 25 and 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 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 Employees’ Retirement Association (CCCERA) as retirement service credit.

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 0 - 5 Years Pay-off Credit at Termination 0 Percent 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 and 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 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 Employees’ Retirement Association (CCCERA) as retirement service credit.

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 eighty-five (85%) percent of the employee's yearly 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 0 - 5 Years Pay-Pay off Credit at Termination 0 Percent Pay-Pay off Credit at Retirement 0-5 Years 0 Percent 5 - 0 Percent 5-10 Years 25 Percent 25 Percent 10 - 10-25 Years 25 Percent 35 Percent 25 and & 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' 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 Employees’ Retirement Association (CCCERA) as retirement service credit.