SICK LEAVE PAYMENT UPON SEPARATION Sample Clauses

SICK LEAVE PAYMENT UPON SEPARATION. A. Any employee, at the time of separation, shall be eligible to receive a cash payment equal to the value of fifty percent (50%) of his/her accumulated but unused sick leave credit.
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SICK LEAVE PAYMENT UPON SEPARATION. Employees shall be allowed, as a bonus payment, a percentage of unused sick leave upon voluntary termination from COUNTY service according to the following schedule, up to a maximum payment of two thousand dollars ($2,000.00). Employees who retire from COUNTY service shall be allowed, as a bonus payment, a percentage of unused sick leave according to the following schedule, up to a maximum payment of two thousand five hundred dollars ($2,500.00). For purposes of this provision, to "retire" means that the subject employee has taken all necessary steps to implement a CalPERS retirement.
SICK LEAVE PAYMENT UPON SEPARATION. A. Upon resignation in good standing of an employee, sick leave shall be paid as follows:
SICK LEAVE PAYMENT UPON SEPARATION. Employees shall be allowed, as a bonus payment, a percentage of unused sick leave upon voluntary termination from COUNTY service according to the following schedule, up to a maximum payment of two thousand dollars ($2,000.00). Employees who retire from COUNTY service shall be allowed, as a bonus payment, a percentage of unused sick leave according to the following schedule, up to a maximum payment of two thousand five hundred dollars ($2,500.00). For purposes of this provision, to "retire" means that the subject employee has taken all necessary steps to implement a CalPERS retirement. ///// ///// ///// ///// ///// ///// ///// Complete Service Sick Leave Paid Off 1 yr. but less than 2 yrs. 20.0% 2 yrs. but less than 3 yrs. 22.5% 3 yrs. but less than 4 yrs. 25.0% 4 yrs. but less than 5 yrs. 27.5% 5 yrs. but less than 6 yrs. 30.0% 6 yrs. but less than 7 yrs. 32.5% 7 yrs. but less than 8 yrs. 35.0% 8 yrs. but less than 9 yrs. 40.0% 9 yrs. but less than 10 yrs. 45.0% 10 or more years 50.0%
SICK LEAVE PAYMENT UPON SEPARATION. An employee, upon separation from the City shall be paid up to 1440 hours of accumulated sick leave based upon the following schedule:
SICK LEAVE PAYMENT UPON SEPARATION. Upon separation, service retirement, disability retirement, or termination, a Unit member shall be eligible to receive a cash payment for accrued sick leave in the “Bank” in an amount equivalent to straight time, to a maximum of ninety-six (96) hours. In addition, beginning the tenth (10) year of continuous City service, all hours accrued in the “Bank” shall be eligible for conversion to cash in an amount equivalent to thirty percent (30%) of such unused sick leave upon separation. Beginning with the 11th year of City service, Unit members may convert fifty (50%) percent of the value of the total amount of their sick leave bank upon separation, to either Deferred Compensation, or the Retiree Health Savings, if available. Any cash payments made in accordance with this section shall be computed based upon the employees' final compensation rate and shall be paid within one payroll period of the effective date of separation. Public Safety employees are currently eligible for Sick Leave conversion up to 90% of the sick leave bank to CalPERS credit as members of CalPERS safety pool.

Related to SICK LEAVE PAYMENT UPON SEPARATION

  • Sick Leave Payment Any employee, at his/her option may choose to receive payment for sick leave earned during the year which is unused at the end of the year. Any such payment must be for the total number of unused sick leave hours earned during the year, must be based on the hourly rate of pay of the employee multiplied by 50 percent, and all hours for which payment is received must be deducted from the employee’s accumulated leave balance. Sick leave used during a current year will be charged against the most recently earned sick leave. Hourly rate of pay is the hourly rate at the end of the contract year.

  • Payment Upon Separation An employee or an employee's estate will be paid for:

  • Sick Leave Incentive Effective September 1, 1986, employees covered by this Agreement, hired on or after October 1, 1977, who are not entitled to disability leave under State Statute R.C.W. 41.26, shall be eligible for the following sick leave incentive program:

  • Accrued Sick Leave The Board shall provide all employees with a cumulative record 23 of accrued sick leave hours on each pay statement.

  • Sick Leave Benefits Sick leave is an indemnity benefit and not an acquired right. A Nurse who is absent from a scheduled shift on approved sick leave shall only be entitled to sick leave pay if the Nurse is not otherwise receiving pay for that day, and providing the Nurse has sufficient sick leave credits.

  • Sick Leave Bonus For every six (6) months of perfect sick leave attendance after July 1, 1987, the employee will receive eight (8) hours of bonus time. This bonus time will be prorated for part-time employees. Such bonus time can be used for any leave purpose covered by this Agreement. Such bonus time shall be counted as vacation leave credits for purposes of determining eligibility for carry- over and cash payments.

  • Sick Leave Pay A Nurse granted sick leave shall be paid for the period of such leave at her or his regular hourly rate of pay and the number of hours thus paid shall be deducted from the accumulated sick leave credits of the Nurse.

  • Sick Leave Separation Cash Out ‌ At the time of retirement from state service or at death, an eligible employee or the employee’s estate will receive cash for their compensable sick leave balance on a one (1) hour for four (4) hours basis. For the purposes of this Section, retirement will not include “vested out of service” employees who leave funds on deposit with the retirement system.

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Sick Leave Benefit There are two types of sick leave benefits. Annual sick leave is the sick leave days credited each year to each employee in accordance with the provisions of the local collective bargaining agreements. Banked sick leave is previously accumulated unused sick leave to which unused annual sick leave may be added at the end of each anniversary year.

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