Common use of Unrestricted Maximum Clause in Contracts

Unrestricted Maximum. Sick leave accruing to an employee’s credit which is not used during the year may accumulate from year to year without restriction. Employees shall be entitled to payment for their accrued sick leave when they leave the service of the City, provided they have been continuously employed by the City for a period of two (2) years prior to leaving at a rate of $40.00 per day (eight (8) hour day) up to a maximum of $6,000 All accrued sick leave in excess of one hundred and fifty (150) days shall not be eligible for payment. The City is to issue payment to a retiring employee the amount of his/her sick leave accrual allowance described in this section 90 days in advance of his/her retirement date provided that the employee requests in writing to use his sick leave buyout to purchase additional PERS service. The employee has the responsibility to coordinate the service purchase transaction with PERS.

Unrestricted Maximum. Sick Xxxx leave accruing to an employee’s credit which is not used during the year may accumulate from year to year without restriction. Employees shall be entitled to payment for their accrued sick leave when they leave the service of the City, provided they have been continuously employed by the City for a period of two (2) years prior to leaving at a rate of $40.00 per day (eight (8) hour day) up to a maximum of $6,000 All accrued sick leave in excess of one hundred and fifty (150) days shall not be eligible for payment. The City is to issue payment to a retiring employee the amount of his/her sick leave accrual allowance described in this section 90 days in advance of his/her retirement date provided that the employee requests in writing to use his sick leave buyout to purchase additional PERS service. The employee has the responsibility to coordinate the service purchase transaction with PERS.