TERMINAL LEAVE. A. A payment for unused accumulated sick leave, payable at the rate of one hundred dollars ($100.00) per day for each unused day of accumulated sick leave, but not to exceed ten thousand dollars ($10,000.00) will be paid upon retirement from Bangor Township Schools under the Michigan Public School Employees Retirement System or resignation, provided the teacher shall have been employed in the School District for ten (10) years.
Appears in 5 contracts
Samples: Living Agreement, Living Agreement, Living Agreement
