Termination Sick Leave Cash Out Sample Clauses

Termination Sick Leave Cash Out. Upon resignation with proper notice, available accrued sick leave hours will be cashed out according to the following schedule: Available Accrued Sick Leave Time Partial Percent Pay Out 8.1 Sick leave hours will be paid at the nurse’s base rate of pay not including shift differential at the time of termination. Additional sick leave hours are not accrued on the cash out.
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Termination Sick Leave Cash Out. Upon resignation with proper notice, available accrued sick leave hours will be cashed out according to the following schedule: Available Accrued Sick Leave Time Partial Percent Pay Out 8.1 Sick leave hours will be paid at the nurse’s base rate of pay not including shift differential at the time of termination. Additional sick leave hours are not accrued on the cash out. (180) hours of non-vested Sick Leave time will be placed in a bank for each respective employee, and thereafter, designated as Extended Illness Benefit (“EIB”). Employees hired on or after January 6, 2019 will not accrue or participate in Sick Leave. Registry nurses with existing Sick Leave time balances (which were frozen at the time they moved to Registry status) shall be eligible to have their frozen non-vested Sick Leave time designated as EIB, and, if they accept a benefited regular position following January 6, 2019 and before December 31, 2020, will be eligible to use EIB on the same terms and conditions discussed below. Through December 31, 2020 (the “Sunset Date”) employees with accrued EIB may use up to one hundred eighty (180) non-vested hours for: (1) after three days of PTO, approved continuous federal or state leave of absence (includes maternal and paternal baby bonding) to care for a family member's illness: (2) after the seven-day waiting period, to supplement approved Short Term Disability and/or Parental Leave so that the employee has 100% income replacement; and (3) approved intermittent leave to care for a family member after PTO has been exhausted. The parties agree that the portion of this Article relating to the Sunset Date (December 31, 2020), may be opened for bargaining in good faith by the Union, provided that it notifies Medical Center of its desire to bargain about the Sunset Date at least 60-days prior to December 31, 2020. Only the portion of this Article relating to the Sunset Date may be reopened. No other portion of this Article, or any other Article of this Agreement, including, but not limited to Article 17, (“Continuity of Medical Center Services”) may be reopened. Each employee's EIB bank and any accrued EIB held therein will automatically terminate on December 31, 2020 with no further action of the parties, and any remaining EIB balance at that time will not be available for any use. a. From the first day of employee hospitalization or outpatient surgical procedure; b. From the first day off due to an employee's accident or illness eligible for Worke...

Related to Termination Sick Leave Cash Out

  • Sick Leave Cash Out Eligible employees may elect to receive monetary compensation for accrued sick leave as follows: In January of each year an employee whose sick leave balance at the end of the previous year exceeds four hundred eighty (480) hours may elect to convert the sick leave hours earned in the previous calendar year, minus those hours used during the year, to monetary compensation. No sick leave hours may be converted which would reduce the calendar year end balance below four hundred eighty (480) hours. Monetary compensation shall be paid at the rate of twenty-five percent and shall be based on the employee’s current salary. All converted hours will be deducted from the sick leave balance. Employees who separate from University service due to retirement or death shall be compensated for the unused sick leave accumulation from the date of most recent hire in a leave eligible position with the State of Washington at the rate of 25%. Compensation shall be based upon the employee’s wage at the time of separation. For the purpose of this section, retirement shall not include vested out of service employees who leave funds on deposit with the retirement system. Former eligible employees who are re-employed within three (3) years of their separation from service shall be granted all unused sick leave credits, if any, to which they are entitled at time of separation.

  • Sick Leave Separation Cash Out At the time of retirement from state service or at death, an eligible employee or the employee’s estate will receive cash for their compensable sick leave balance on a one (1) hour for four (4) hours basis. For the purposes of this Section, retirement will not include “vested out of service” employees who leave funds on deposit with the retirement system.

  • Vacation Cash Out In each calendar year, an employee may make a one-time request to cash out and receive payment for up to forty (40) hours of vacation. In order to be eligible to cash out vacation hours, the employee must be a regular status employee and have a remaining vacation balance of sixty (60) hours or more. Vacation leave that has been pre-approved will be considered when the request is made in order to determine if they will maintain the minimum vacation balance requirement.

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if: A. Their sick leave balance at the end of the previous calendar year exceeds four hundred and eighty (480) hours; B. The converted sick leave hours do not reduce their previous calendar year sick leave balance below four hundred and eighty (480) hours; and C. They notify their payroll office by January 31st that they would like to convert their sick leave hours earned during the previous calendar year, minus any sick leave hours used during the previous year, to cash. All converted hours will be deducted from the employee’s sick leave balance.

  • Sick Leave Buy Back To encourage and reward employees who maintain good job attendance, the parties agree to the following incentive award: Employees who utilize two (2) sick leave days or less each assigned school calendar year and year-round employees who utilize three (3) sick leave days or less during each assigned school calendar year - upon request – shall receive payment for up to eight (8) days of sick leave, provided the employee worked the full assigned calendar year.* The following procedures apply to the payment of sick leave under this section. 1. An employee must have a minimum of twenty-five (25) days of accumulated sick leave remaining after the payment for unused sick leave under this section. 2. The payment of this incentive shall be paid to eligible employees no later than October 31st of the school year following the school year in which the employee qualified for the incentive pay. 3. For purposes of this section, sick leave shall be defined pursuant to all sections of F.S.1012.61. 4. Days for which such award payment is received shall be deducted from the accumulated leave balance. 5. Payment shall be equal to the number of eligible days times the affected employees daily rate of base pay times eighty percent (80%).

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Sick Leave Pay A Nurse granted sick leave shall be paid for the period of such leave at her or his regular hourly rate of pay and the number of hours thus paid shall be deducted from the accumulated sick leave credits of the Nurse.

  • Paid Sick Leave For those jurisdictions that have passed or will pass legislation requiring Paid Sick Leave, Paid Sick Time will be billed back to Client at the straight-time bill rate for all hours taken by any Consultant assigned to Client. This section is not applicable until the effective date of such legislation has been reached.

  • Sick Leave Payout No cash payment for unused sick leave will be paid to any employee leaving the service of the Employer.

  • Sick Leave Pool The purpose of the emergency sick leave pool is to furnish additional sick days for certified staff under the negotiated agreement. This leave can only be used during the school year after the teacher has exhausted all regular accumulated sick leave and discretionary leave. Leave will be granted for catastrophic illness or injury of the employee only, on a first-come, first-ask basis. The emergency sick leave pool will be funded by the days certified staff has over the 80-day maximum sick leave this is given to each employee on July 1 of each year. All days over the 80-day accumulated sick leave the employees receive will be put into an emergency sick leave pool with an accumulation not to exceed 80 days for the pool. The maximum number of emergency sick leave pool days that may be accumulated during the school year is 20 days. A written application along with a physician’s statement documenting the nature of the catastrophic illness or injury must be sent to the building principal. The Emergency Sick Leave Pool Committee will meet within 10 calendar days after receiving the application to consider the request. The application may be sent to the building principal before the employee’s regular sick leave ends. The Emergency Sick Leave Pool Committee will consist of six members. One member from each of the four schools (“Primary, Intermediate, Middle, and High School”) the Superintendent and the building principal from the building of the applicant. All members will meet to determine ach request; however, the committee member representing the same building as the applicant will not vote. The building principal and superintendent will vote in all cases. The committee members will serve for a period of two years. The Primary and Middle School members will be elected on even calendar years and the Intermediate and the High School members will be elected on odd calendar years. If a member of the committee leaves the employment of the USD 210 before the end of his/her term, the committee will appoint a new committee member form the affected building. The committee members will be in place by September 1 of each year. The emergency sick leave bank may not be used to cover employees who are receiving pay, salary protection payments, and disability insurance payments or are eligible to receive compensation from workers’ compensation or KPERS disability.

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