Common use of The Central Sick Bank Clause in Contracts

The Central Sick Bank. 1. The Central Sick Bank shall be capped at the June 30, 1983 level. When the number of sick days on deposit, drops to 1,500 1,000 days, one (1) day shall be deducted from each teacher’s personal bank to supplement the Central Sick Bank. Teachers retiring with sick days over their cap will donate up to ten days of the days over their cap to the central sick bank. The intent of the Central Sick Bank is not to provide automatic sick days for every teacher who exhausts his or her personal bank. The intent of the Central Sick Bank is to bridge the income gap between exhaustion of personal sick days and the teacher qualifying to receive payment from long term disability or retirement benefits. It is not the intent of Central Sick Bank to make teachers whole due to their illness.

The Central Sick Bank. 1. The Central Sick Bank shall be capped at the June 30, 1983 level. When the number of sick days on deposit, drops to 1,500 1,000 days, one (1) day shall be deducted from each teacher’s personal bank to supplement the Central Sick Bank. Teachers retiring with sick days over their cap will donate up to ten days of the days over their cap to the central sick bank. The intent of the Central Sick Bank is not to provide automatic sick days for every teacher who exhausts his or her personal bank. The intent of the Central Sick Bank is to bridge the income gap between exhaustion of personal sick days and the teacher qualifying to receive payment from long term disability or retirement benefits. It is not the intent of Central Sick Bank to make teachers whole due to their illness.