Unused Sick Days at Retirement. Upon retirement, an employee may choose either option for the use of unused sick days:
Unused Sick Days at Retirement. For employees who have worked at Xxxxxxxxxx-Xx Xxxx for a minimum of ten (10) consecutive years, who are eligible to receive their pension from N.Y.S.E.R.S., and for whom Xxxxxxxxxx-XxXxxx is their final employer, the District agrees to compensate the employee, at retirement, for unused sick days accrued. For employees retiring July 1,2004, or after, the following choices would be offered for the use of unused sick days:
Unused Sick Days at Retirement. Payout of sick leave at retirement - For employees who have worked at J- D for a minimum often (10) consecutive years, who are eligible to receive their pension from N.Y.S.E.R.S., the District agrees to compensate the employee, at retirement, for unused sick days accrued, utilizing either option A or option B (employee’s choice):
Unused Sick Days at Retirement. When a unit member retires from the district, and has applied for, and is eligible for retirement benefits from the New York State Employees’ Retirement System, the district shall provide a stipend for each day of unused accumulated sick leave up to a maximum of 180 days as follows: Dollar amount per accumulated day Days Accumulated 2012-13 2013-14 2014-15 Less than 120 $19 $20 $21 121-139 days $21 $22 $23 140-159 days $23 $24 $25 160-180 days $25 $26 $27 In order to be eligible for the Service Increment the unit member shall submit a written notice of their intent to retire. For unit members who wish to retire at the end of the school year, notice must be given to the District on or before January 31 of that school year. For those unit members who wish to retire during a school year but before June 30, one hundred twenty (120) days notice must be given to the Superintendent no later than December 15 of that school year. The District will hold the notice of retirement until February 14 for retirements at the end of the school year, and two-weeks for notices submitted prior to December 15, after which the notice of intent to retire is irrevocable and will be acted upon by the Board of Education. Except as noted below, the unit member may change their date of retirement after filing the written notice of retirement with the Superintendent in the event the district offers a local retirement incentive or the district adopts an Early Retirement Incentive offered by the New York State Employees’ Retirement System (NYSERS). The unit member would be allowed to amend the retirement date to fall within the window of eligibility for the local or state retirement incentive. With the recommendation of the Superintendent and approval of the Board of Education, a unit member may rescind their notice of retirement in the event the unit member experiences an unforeseen circumstance or emergency (such as the death of a spouse), without losing their eligibility to receive the Service Increment in the future. The Board of Education will consider the unit member’s unforeseen circumstance or emergency and the recommendation of the Superintendent. The decision of the Board of Education will be final. In addition, the notification requirement as outlined in paragraph A will be waived upon acceptance of evidence of Tier reinstatement after January 31 of the school year by the Superintendent of Schools or the District offers a NYSERS retirement incentive. The number of unused sick ...
Unused Sick Days at Retirement. A. A nurse who retires from District employment will have up to one hundred and sixty-five days (165) of his/her accumulated sick leave days applied as additional service credit in accordance with Retirement and Social Security Law section 75-i.
Unused Sick Days at Retirement. Payout of sick leave at retirement - For employees who have worked at J- D for a minimum often (10) consecutive years, who are eligible to receive their pension from N.Y.S.E.R.S., the District agrees to compensate the employee, at retirement, for unused sick days accrued, utilizing either option A or option B (employee’s choice): — Option A : Accrued unused sick days (maximum of 240) less sixty (60), the remainder multiplied by $25.00 per day: Example only:240 days (max.) -60 days 180 days x $25 $4,500 Option B: Upon retirement, the district will utilize the employee’s unused sick days to maximize the benefit for the employee under Section 41-j of the NYSERS. A unit employee may convert all unused accumulation that is not utilized under Section 41-j to a cash stipend at the rate of $20 per day.
Unused Sick Days at Retirement. A driver who voluntarily resigns after ten
Unused Sick Days at Retirement. For full-time food service employees retiring on July 1, 2005 or after, the following choices would be offered for the use of unused sick days:
Unused Sick Days at Retirement. 1. A bargaining unit member, who has been employed within the bargaining unit for 10 years or more, who is entitled to receive regular non-reduced retirement benefits under the New York State Retirement System shall be entitled to the following benefit, if such person submits an irrevocable and unconditional resignation on or before March 1 of any school year, effective the last day of such school year.
Unused Sick Days at Retirement. When a unit member retires from the district, and has applied for, and is eligible for retirement benefits from the New York State Employees’ Retirement System, the district shall provide a stipend for each day of unused accumulated sick leave up to a maximum of 180 days as follows: Dollar amount per accumulated day Days Accumulated 2008-09 2009-10 2010-11 2011-12 Less than 120 $15 $16 $17 $18 121-139 days $17 $18 $19 $20 140-159 days $19 $20 $21 $22 160-180 days $21 $22 $23 $24 In order to be eligible for the Service Increment the unit member shall submit a written notice of their intent to retire. For unit members who wish to retire at the end of the school year, notice must be given to the District on or before January 31 of that school year. For those unit members who wish to retire during a school year but before June 30, one hundred twenty (120) days notice must be given to the Superintendent no later than December 15 of that school year. The District will hold the notice of retirement until February 14 for retirements at the end of the school year, and two-weeks for notices submitted prior to December 15, after which the notice of intent to retire is irrevocable and will be acted upon by the Board of Education. Except as noted below, the unit member may change their date of retirement after filing the written notice of retirement with the Superintendent in the event the district offers a local retirement incentive or the district adopts an Early Retirement Incentive offered by the New York State Employees’ Retirement System (NYSERS). The unit member would be allowed to amend the retirement date to fall within the window of eligibility for the local or state retirement incentive. With the recommendation of the Superintendent and approval of the Board of Education, a unit member may rescind their notice of retirement in the event the unit member experiences an unforeseen circumstance or emergency (such as the death of a spouse), without losing their eligibility to receive the Service Increment in the future. The Board of Education will consider the unit member’s unforeseen circumstance or emergency and the recommendation of the Superintendent. The decision of the Board of Education will be final. In addition, the notification requirement as outlined in paragraph A will be waived upon acceptance of evidence of Tier reinstatement after January 31 of the school year by the Superintendent of Schools or the District offers a NYSERS retirement incentive. Th...
