Sick Leave Pay-Off. The Board will provide the following annual incentives for teachers that use little or no sick time beyond that for which they are obligated by (5) below. 0 days used = One (1) day’s pay (teacher’s salary divided by teacher work days) This incentive pay will not affect the accumulation of personal sick time of up to one hundred seventy (170) days. Upon retirement or death, after ten (10) years of continuous service with the School District, the Board agrees to pay thirty-five dollars ($35.00) per day for unused accumulated sick leave, up to one hundred seventy (170) days.
Sick Leave Pay-Off. Upon termination of employment by death or upon retirement in accordance with the provisions of the Public Employee’s Retirement Law, as amended; or separation, unless terminated for just cause, after ten (10) years of continuous employment with the Agency, an employee or their beneficiary may choose to receive payment for up to forty-five (45%) percent of employee’s accumulated sick leave for up to 1,040 hours (468 hours maximum pay off) computed on the basis of the hourly equivalent of such employee’s monthly salary as of the date of death, retirement or separation. An employee may accrue sick leave at the current rate above 1,040 hours, but hours in excess of 1,040 will not be eligible for the 45% pay-off.
Sick Leave Pay-Off. All accumulated sick leave at the date of separation from City service shall be the basis for determining the amount to be paid to each employee who qualifies to receive sick leave pay-off. Only employees who have ten (10) or more continuous years of City service shall be eligible for sick leave pay-off upon separation from employment with the City. Employees with less than ten (10) years of continuous service shall not be eligible to receive any pay-off for unused sick leave. The rate of Sick Leave pay-off shall be calculated as follows: Three percent (3%) of accumulated sick leave per full year of service. Sick leave shall be calculated at the base rate of pay received by the employee at the time of his/her separation. Each employee eligible to receive sick leave pay-off shall receive said pay at the time of separation.
Sick Leave Pay-Off. Each employee who separates from County service voluntarily or by non-duty related death, lay off, or retirement for reason other than disability, shall be entitled to payment of the monetary equivalent of 25% of all unused sick leave remaining to such employee’s credit as of the time of separation, computed on the basis of such employee’s base hourly pay.
Sick Leave Pay-Off. Sick leave which has been accumulated during an employee's tenure with the CITY, shall be reimbursed to the employee at the current rate, at the time of retirement, upon his retirement for service under P.E.R.S.
Sick Leave Pay-Off. Accumulated sick leave will be credited to the employee’s length of service upon retirement from the City of Novato and will become a part of the calculation upon which PERS retirement benefits are established.
Sick Leave Pay-Off. All accumulated sick leave at the date of separation from City service shall be the basis for determining the amount to be paid to each employee who qualifies to receive sick leave pay- off. Only employees who have ten (10) or more continuous years of City service shall be eligible for sick leave pay-off upon separation from employment with the City. Employees with less than ten years of continuous service shall not be eligible to receive any pay-off for unused sick leave. Employees with at least ten (10) but less than twenty (20) years of continuous service shall be eligible to receive payment for accumulated sick leave at the rate of three percent (3%) per full year of service. For employees with twenty (20) or more years of continuous service, the rate for accumulated sick leave is four percent (4%). However, the maximum rate of sick leave payoff shall not exceed 100%. Xxxx leave shall be calculated at the rate of pay, including all bonuses, received by the employee at the time of his/her separation. For example, an employee with eighteen full years of continuous City service at the time of separation would receive a pay-off for fifty-four percent (54%) of his/her accumulated sick leave.
Sick Leave Pay-Off. Employees who have seven (7) or more continuous years of service shall be eligible for all accumulated sick leave pay-off upon separation from employment with the City, as set forth below. The rate of sick leave payoff shall be calculated as follows:
1. For the first 7 full years of service - 21% of accumulated sick leave.
2. For each year after the seventh year - 5% of accumulated sick leave per full year of service. The maximum rate of sick leave payoff when this paragraph and the preceding paragraph are combined is 100%.
3. Sick leave payoff shall be calculated at the rate of pay received by the employee at the time of separation. Each employee eligible to receive sick leave payoff shall receive the payoff at the time of separation.
Sick Leave Pay-Off. All accumulated sick leave at the date of separation from City service shall be the basis for determining the amount to be paid to each employee who qualifies to receive sick leave pay-off. Only employees who have ten (10) or more continuous years of City service shall be eligible for sick leave pay-off upon separation from employment with the City. Employees with less than ten
Sick Leave Pay-Off. Employees who have worked for seven (7) or more continuous years of service with the City shall be eligible for sick leave payoff upon separation of employment with the City as follows:
1. After completion of seven (7) full years of service - 21% of accrued, unused sick leave.
2. For each year after the seventh year - 5% of accrued, unused sick leave per full year of service to a maximum of 79%. The maximum rate of sick leave payoff when subparagraphs 1 and 2 are combined is 100%.
3. Sick leave pay off shall be calculated at the rate of pay received by the employee at the time of separation which shall be equal to the identical compensation the employee would have received had he used the sick leave to receive a paid leave of absence immediately prior to separation.
