Unused Sick Days. When an employee who has ten (10) years' service in the district retires or resigns from the district, the employee shall receive a final payment of twenty-five dollars ($25.00) for each accumulated unused sick leave day up to a maximum of one hundred eighty (180) days. A death benefit of $500.00 or $25.00 for each accumulated unused sick day, whichever is greater, shall be paid to the estate of an employee within thirty (30) days of death.
Unused Sick Days. Any employee retiring from the District in accordance with the State of Michigan Retirement Program shall be compensated forty ($40.00) dollars a day for each accumulated day of unused sick leave.
Unused Sick Days. When a teacher who has ten- (10) years' service in the District retires or resigns from the District, the teacher shall receive a final payment of twenty-two dollars ($22.00) for each accumulated unused sick day. Should an eligible employee die, this payment shall be made to the employee's estate.
Unused Sick Days. Teachers who have been employed with the Crete Public Schools for ten (10) consecutive years, shall receive Twenty-five Dollars ($25) for each unused sick day up to thirty (30) days upon retirement or resignation from the District. This benefit cannot be used in conjunction with the voluntary separation section of this agreement.
Unused Sick Days a. The employee shall be entitled to apply any or all of his/her accumulated sick leave days upon retirement for additional service credit with the Illinois Teachers’ Retirement System in accordance with the maximum amount of additional service credit allowable under applicable TRS rules and regulations.
b. Upon retirement, the District shall pay for all accumulated unused sick leave days at a rate of $25 per day, provided the unused days are not applied to TRS service credit. The total amount paid shall not exceed $6,250. The amount shall be payable in the month of retirement. The teacher will be responsible for making the teacher’s total contribution to TRS for any payment made under this section; however, should this payment cause an increase of more than six percent in the teacher’s total creditable earnings for the final year of service when compared to the previous year’s creditable earnings, then the amount of excess of the six percent increase shall not be classified as creditable earnings and shall be paid in a lump sum payment during the payroll period immediately following the teacher’s last day of service and after receiving his or her final paycheck.
Unused Sick Days. Any employee retiring from the District in accordance with the Michigan Public School Employees Retirement System (MPSERS) shall be compensated twenty-five percent (25%) of their daily rate per day for each accumulated day of unused sick leave.
Unused Sick Days. During the term of this contract period, any administrator with at least ten (10) years of service in the district shall be entitled to receive additional remuneration at the end of his/her final year of service for unused sick days. The additional remuneration will be calculated as follows: Unused Sick Days Amount Per Day # of sick days $70.00 For example, an administrator with 155 sick days at the time of his/her last day of service shall be remunerated by the following formula: 155 days x $70 = $10,850 Payment will be made in two (2) equal payments on or before January 15th of the first and second year after service. All payments shall be made to the District’s 403b account.
Unused Sick Days. Any Employee who is retiring or resigning from the District shall be compensated forty ($40) dollars per day. Payment under this section shall be made to a 403(b) plan account designated by the Employee. There shall be no cash option to this employer 403(b) contribution.
Unused Sick Days. 1. This section becomes effective when a teacher has at least 60 accumulated sick days.
2. Sick days shall be credited for each school year as determined in Article 12.
a. At the end of each school year the Board shall pay for each accumulated sickday over 60 at the rate of $25.00 or the amount in paragraph b. below, whichever is greater; or the teacher shall be permitted to donate any or all of his/her unused sick days to the Disability and Employee Sick Leave Bank.
b. For each one tenth (.1) day reduction in average sick day usage per teacher thirty cents (.30) will be added to the flat rate listed in paragraph a. above. The reduction in average sick day usage per teacher will be determined by subtracting the current year average sick day usage per teacher from the average sick day usage per teacher for the previous four (4) years.
4. Upon termination a teacher shall receive, for all accumulated sick days the same flat rate as in paragraph 3. above; or the teacher shall be permitted to donate any or all of his/her sick days to the Disability and Employee Sick Leave Bank.
5. At the beginning of the school year in which a teacher who was represented by the Association prior to January 1, 2013 and who had no break in service since that date as defined by Article 17 first reaches 60 accumulated sick days, he/she will be so notified in writing by the Administration. After such notification he/she will be required to choose in writing whether to accumulate his/her sick days to 188 days, have his/her days purchased after 60 days are accumulated, or donate all such days to the Sick Leave Bank rather than have them purchased after 60 days are accumulated. Any teacher who chooses to retain his/her accumulated sick days to 188 days, for whatever reason, shall irrevocably give up any rights to benefits from this section including sick day buydown and donation to the Disability and Employee Sick Leave Bank. Any teacher who was represented by the Association prior to January 1, 2013 and who had a break in service on or after that date and any teacher who initially was represented by the Assocation on or after January 1, 2013 will have days purchased after 60 days are accumulated.
6. Any teacher returning to a position in the Lapeer Community Schools from Long Term Disability, who utilized all of his/her accumulated sick days to qualify for LTD, shall have the number of days accumulated at the commencement of the LTD waiting period available to him/her, at the teacher'...
Unused Sick Days. 5.05.1 Requirements, Notification, and Payment:
