SICK LEAVE PAYMENT UPON RETIREMENT. 31.1 Employees may receive cash payment for sick leave at retirement per the following: All classified and unclassified employees who have completed ten (10) or more years of active service with the Employer, and who are eligible and have applied for retirement benefits from one of the retirement systems of the State of Ohio, may elect to be paid in cash for one-fourth of their accrued but unused sick leave credit. This payment will be based upon the employee's rate of pay at the time of retirement. The maximum payment allowed will be one-fourth (1/4) of 960 hours (30 days). Upon accepting such payment all sick leave accrued up to that time will be eliminated. Such payment will be made only once to any employee. An employee who returns to employment at the University of Toledo or any other state facility, after retiring, may accrue and use sick leave at the time of second retirement.
SICK LEAVE PAYMENT UPON RETIREMENT. A. An employee hired on or before June 30, 1979, shall upon formal retirement from the City under the Public Employees' Retirement System, be paid for each day of unused sick leave or fraction thereof which has accrued to his/her credit up to and including his/her last day of work, but not to exceed 45 days or 360 hours. An employee hired on or after July 1, 1979 shall not be eligible for sick leave payment upon retirement.
SICK LEAVE PAYMENT UPON RETIREMENT. 17.1 Teachers who are retiring with fifteen (15) years of service or more to Xxxxxxxx County Public Schools shall be paid a stipend of $50 per day for unused accumulated sick leave not credited by the Maryland State Retirement and Pension System towards full retirement. This is based on the methodology used by the Maryland State Retirement and Pension System as of 2012.
SICK LEAVE PAYMENT UPON RETIREMENT. Employees who have a minimum of one-hundred unused accumulated sick days on their effective date of retirement shall be eligible to receive payment for twenty percent (20%) of their accumulated unused sick leave days. For example, if an employee had 100 unused accumulated sick days on the effective date of retirement, he/she is eligible for payment as follows:
SICK LEAVE PAYMENT UPON RETIREMENT. The District shall pay teachers who retire within the meaning of retirement for purposes of the New York State Teachers' Retirement System (NYSTRS) twenty ($20.00) dollars for each accumulated and unused sick leave days in excess of fifty (50) days up to the maximum of 190 accumulated and unused days. The maximum payment amount for each teacher shall not exceed $2,800.00.
SICK LEAVE PAYMENT UPON RETIREMENT. A. Eligibility for supplemental compensation on retirement is set forth in N.J.S.A. 11A:6-16 and N.J.A.C. 4A:6-3.1, et seq.
SICK LEAVE PAYMENT UPON RETIREMENT. After 10 years of creditable teaching experience in the Boothbay-Boothbay Harbor Community School District, a teacher shall receive payment at the teacher's per diem rate of pay for up to thirty days of accumulated sick leave upon retirement.
