Common use of Sick Leave – Retirement Payout Clause in Contracts

Sick Leave – Retirement Payout. In the event of death or retirement, an employee who has completed ten (10) years or more with the City of Petaluma shall receive fifty (50%) percent of his/her accumulated but unused sick leave, not to exceed four-hundred-eighty (480) hours. An employee may, however, elect to place all sick leave hours under the PERS Sick Leave Credit program.

Appears in 4 contracts

Samples: Letter Agreement, storage.googleapis.com, storage.googleapis.com

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Sick Leave – Retirement Payout. In the event of death or retirement, an employee who has completed ten (10) years or more with the City of Petaluma shall receive fifty (50%) percent of his/her accumulated but unused sick leave, not to exceed four-hundred-eighty (480) hours. An employee may, however, elect to place all sick leave hours under the PERS Sick Leave Credit program.. SECTIO N 15 - LEAVE S - INDUSTRIA L INJUR Y LEAV E

Appears in 1 contract

Samples: s3-us-west-1.amazonaws.com

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