Terminal Leave Pay. Severance pay for all administrators hired on or after July 1, 1999 shall be compensated at the rate of $100.00 per day for one hundred percent (100%) of accumulated unused sick leave payable upon retirement. For these administrators these expenses shall be capped at $12,000.
Appears in 4 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement