Common use of Sick Leave Payoff Clause in Contracts

Sick Leave Payoff. Employees with accrued, unused sick leave may, at the time of separation, select one (1) of the following options for reimbursement: A. Cash payment upon separation of service: Any employee who resigns in good standing after providing the County with proper notice or is laid off shall be entitled to payment, not exceeding the total sum of Three Thousand Dollars ($3,000.00), for unused sick leave according to the schedule set forth below. If a sick leave payoff is received as a result of layoff, and the employee is later reinstated, only that sick leave not converted to retirement service credit or paid off at the time of the layoff will be reinstated and the amount of the payoff and the maximum payoff at any future separation from the County will be reduced by the amount paid at the time of layoff. 0-4 20% 5-10 35% 11- 20 50% 20 or more 60% B. Conversion to Retirement credit upon separation: In lieu of (A) above, an employee, with ten (10) or more years of continuous and uninterrupted service with the County and who is eligible to purchase retirement service credit under the Public Employees Retirement System (PERS) may, at his or her option, convert unused sick leave into service credit under PERS; subject to the following conditions and limitations as set out within Article 10.5.1 below:

Sick Leave Payoff. ‌ Employees with accrued, unused sick leave may, at the time of separation, select one (1) of the following options for reimbursement: A. Cash payment upon separation of service: Any employee who resigns in good standing after providing the County with proper notice or is laid off shall be entitled to payment, not exceeding the total sum of Three Thousand Dollars ($3,000.00), for unused sick leave according to the schedule set forth below. If a sick leave payoff is received as a result of layoff, and the employee is later reinstated, only that sick leave not converted to retirement service credit or paid off at the time of the layoff will be reinstated and the amount of the payoff and the maximum payoff at any future separation from the County will be reduced by the amount paid at the time of layoff. 0-4 20% 5-10 35% 11- 20 50% 20 or more 60% B. Conversion to Retirement credit upon separation: In lieu of (A) above, an employee, with ten (10) or more years of continuous and uninterrupted service with the County and who is eligible to purchase retirement service credit under the Public Employees Retirement System (PERS) may, at his or her option, convert unused sick leave into service credit under PERS; subject to the following conditions and limitations as set out within Article 10.5.1 below:

Sick Leave Payoff. Employees with accrued, unused sick leave may, at the time of separation, select one (1) of the following options for reimbursement: A. Cash payment upon separation of service: Any employee who resigns in good standing after providing the County with proper notice or is laid off shall be entitled to payment, not exceeding the total sum of Three Thousand Dollars ($3,000.00), for unused sick leave according to the schedule set forth below. If a sick leave payoff is received as a result of layoff, and the employee is later reinstated, only that sick leave not converted to retirement service credit or paid off at the time of the layoff will be reinstated and the amount of the payoff and the maximum payoff at any future separation from the County will be reduced by the amount paid at the time of layoff. 0-4 20% 5-10 35% 11- 20 50% 20 or more 60% B. Conversion to Retirement credit upon separation: In lieu of (A) above, an employee, with ten (10) or more years of continuous and uninterrupted service with the County and who is eligible to purchase retirement service credit under the Public Employees Retirement System (PERS) may, at his or her option, convert unused sick leave into service credit under PERS; subject to the following conditions and limitations as set out within Article 10.5.1 below:

Sick Leave Payoff. Employees with accrued, unused sick leave may, at the time of separation, select one (1) of the following options for reimbursement: A. Cash payment upon separation of service: Any employee who resigns in good standing after providing the County with proper notice or is laid off shall be entitled to payment, not exceeding the total sum of Three Thousand Dollars ($3,000.00), for unused sick leave according to the schedule set forth below. If a sick leave payoff is received as a result of layoff, and the employee is later reinstated, only that sick leave not converted to retirement service credit or paid off at the time of the layoff will be reinstated and the amount of the payoff and the maximum payoff at any future separation from the County will be reduced by the amount paid at the time of layoff. 0-4 20% 5-10 35% 11- 20 50% 20 or more 60% B. Conversion to Retirement credit upon separation: In lieu of (A) above, an employee, with ten (10) or more years of continuous and uninterrupted service with the County and who is eligible to purchase retirement service credit under the Public Employees Retirement System (PERS) may, at his or her option, convert unused sick leave into service credit under PERS; subject to the following conditions and limitations as set out within Article 10.5.1 below:

Sick Leave Payoff. Employees with accrued, unused sick leave may, at the time of separation, select one (1) of the following options for reimbursement: A. Cash payment upon separation of service: Any employee who resigns in good standing after providing the County with proper notice or is laid off shall be entitled to payment, not exceeding the total sum of Three Thousand Dollars ($3,000.00), for unused sick leave according to the schedule set forth below. If a sick leave payoff is received as a result of layoff, and the employee is later reinstated, only that sick leave not converted to retirement service credit or paid off at the time of the layoff will be reinstated and the amount of the payoff and the maximum payoff at any future separation from the County will be reduced by the amount paid at the time of layoff. 0-4 20% 5-10 35% 11- 20 50% 20 or more 60%. B. Conversion to Retirement credit upon separation: In lieu of (A) above, an employee, with ten (10) or more years of continuous and uninterrupted service with the County and who is eligible to purchase retirement service credit under the Public Employees Retirement System (PERS) may, at his or her option, convert unused sick leave into service credit under PERS; subject to the following conditions and limitations as set out within Article 10.5.1 below: