Sick Leave - Maximum Accrual Clause Samples

Sick Leave - Maximum Accrual. Employees may accrue up to 1,440 hours of sick leave. Section 18.03 Sick Leave Policy / Dependent Sick Sick leave shall be used and administered in accordance with applicable City and Departmental policies. Employees shall be entitled to use a maximum of twenty-­‐four

Sick Leave - Maximum Accrual. Sick leave shall accrue to a maximum of three (3) months or five hundred and twenty (520) hours. Sick leave shall begin to accrue on the first day of the month following employment with the City. Employees who accumulate over 520 sick leave hours will have an opportunity to cash out the excess hours over the 520 sick leave hours on the second pay day of July. Employees will have the option of depositing the excess hours into their deferred compensation account or converting the excess hours to taxable cash (as income). If an employee does not exercise the option to deposit the excess hours into their deferred compensation account or convert it to taxable cash, the hours will be converted to cash by the City. In addition to having the option to cash out or place sick leave hours above 520 hours into deferred compensation on the second pay day in July, following the final pay day in December of each year, unit members with more than 520 hours of accrued sick leave in their sick leave account shall be cashed out of that sick leave down to 520 hours. These employees have the right to inform payroll that they want these funds to be placed into their deferred compensation account.