TERMINAL PAY FOR UNUSED SICK DAYS. 1. The following provisions shall apply to all eligible non-teaching staff members. Rate will be pro-rated according to part-time employee’s contractual assignment. Employees hired on or after May 21, 2010 cannot receive more than $15,000 as terminal pay for unused sick days. There shall be a provision for terminal pay on the basis of sick leave wherein upon retirement from the district after at least ten (10) years of service, $60 (sixty dollars) per sick day shall be paid up to a maximum of one hundred twenty (120) days in the sick bank. Said payment should be made as soon as possible, but no later than 45 days from the last day of employment. However, the employee shall have the option of delay of receipt of the payment until the first payroll in January following the year of retirement.
2. The following provision shall apply to eligible teaching staff members: Employees hired on or after May 21, 2010 cannot receive more than $15,000 as terminal pay for unused sick days. All teachers who submit a letter of retirement to collect a T.P.A.F. pension shall be entitled to $120 (one hundred and twenty dollars) per day up to a maximum of three hundred (300) days if notice is given on or before March 15th. For notice given after March 15th, the payment is $90 (ninety dollars) per day. However, the employee shall have the option of delay of receipt of the payment until the first payroll in January following the year of retirement.
TERMINAL PAY FOR UNUSED SICK DAYS. 1. Any K-12 teacher who retires under the terms and conditions of Paragraphs A(1) and A(2) shall receive forty-five dollars ($45.00) additional terminal pay for each unused earned sick day up to one hundred forty-five (145) days at the time of retirement. Beginning with the 146th day, $10.00 per day will be paid.
2. Any adult education teacher who retires under the terms and conditions of Paragraphs A(1) and A(2) shall receive seven dollars and fifty cents ($7.50) additional terminal pay for each unused hour of sick leave up to three hundred (300) hours at the time of retirement.
TERMINAL PAY FOR UNUSED SICK DAYS. 1. The following provisions shall apply to all eligible non-teaching staff members (excluding part-time employees who work less than twenty hours per week). There shall be a provision for terminal pay on the basis of sick leave wherein upon retirement from the district after at least ten (10) years of service $30 (thirty dollars) 2002-2003; $35 (thirty-five dollars) 2003-2004; and $40 (forty dollars) 2004-2005 per sick day shall be paid up to a maximum of one hundred twenty (120) days in the sick bank. Said payment should be made as soon as possible, but no later than 45 days from the last day of employment. However, the employee shall have the option of delay of receipt of the payment until January 1 following the year of retirement.
2. The following provision shall apply to eligible teaching staff members: All teachers who submit a letter of retirement to collect a T.P.A.F. pension shall be entitled to $70 (seventy dollars) 2002-2003; $80 (eighty dollars) 2003-2004; and $90 (ninety dollars) 2004-2005 per day up to a maximum of three hundred (300) days if notice is given by March 15th. For notice given after March 15th, the payment is $60 (sixty dollars) per day. However, the employee shall have the option of delay of receipt of the payment until January 1 following the year of retirement.
TERMINAL PAY FOR UNUSED SICK DAYS. 1. The following provisions shall apply to all eligible non-teaching staff members. Rate will be pro-rated according to part-time employee’s contractual assignment. There shall be a provision for terminal pay on the basis of sick leave wherein upon retirement from the district after at least ten (10) years of service, $40 (forty dollars) per sick day shall be paid up to a maximum of one hundred twenty (120) days in the sick bank. Said payment should be made as soon as possible, but no later than 45 days from the last day of employment. However, the employee shall have the option of delay of receipt of the payment until the first payroll in January following the year of retirement.
2. The following provision shall apply to eligible teaching staff members: All teachers who submit a letter of retirement to collect a T.P.A.F. pension shall be entitled to $90 (ninety dollars) per day up to a maximum of three hundred (300) days if notice is given by March 15th. For notice given after March 15th, the payment is $60 (sixty dollars) per day. However, the employee shall have the option of delay of receipt of the payment until the first payroll in January following the year of retirement.
