Common use of Sick Leave Payout Clause in Contracts

Sick Leave Payout. Employees participating in DROP subject to employer policy have one of the following options: a. Employees may choose to have the entire balance of sick leave deposited into the St. Johns County School District Special Payment Plan at the end of the first year of DROP. Any unused sick leave accumulated after the initial remittance will be deposited into the St. Johns County School District Special Payment Plan at the end of the DROP period, b. An employee participating in DROP will have a percentage of their accumulated sick leave pay balance deposited into the St. Johns County School District Special Payment Plan at the end of each year of DROP.

Sick Leave Payout. Employees participating in DROP subject to employer policy have one of the following options: a. Employees may choose to have the entire balance of sick leave deposited into the St. Johns Xxxxx County School District Special Payment Plan at the end of the first year of DROP. Any unused sick leave accumulated after the initial remittance will be deposited into the St. Johns Xxxxx County School District Special Payment Plan at the end of the DROP period, b. An employee participating in DROP will have a percentage of their accumulated sick leave pay balance deposited into the St. Johns Xxxxx County School District Special Payment Plan at the end of each year of DROP.

Sick Leave Payout. Employees participating in DROP subject to employer policy have one of the following options: a. Employees may choose to have the entire balance of sick leave deposited into the St. Johns Xxxxx County School District Special Payment Plan at the end of the first year of DROP. Any unused sick leave accumulated after the initial remittance will be deposited into the St. Johns Xxxxx County School District Special Payment Plan at the end of the DROP period,, OR b. An employee participating in DROP will have a percentage of their accumulated sick leave pay balance deposited into the St. Johns Xxxxx County School District Special Payment Plan at the end of each year of DROP.