Unused Sick Days at Retirement. For full-time custodial employees retiring on July 1, 2004 or after, the following choices would be offered for the use of unused sick days: Option A: The employer agrees to compensate the employee, at retirement, for unused sick days multiplied by $25 per day. The maximum of accrued unused sick day is 240. Option B: Upon retirement, the district will utilize the employees unused sick days to maximize the benefit for the employee under section 41-j. A unit employee may convert all unused accumulation that is not utilized under Section 4-j of the NYSERS to a cash stipend at the rate of $30/day.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Unused Sick Days at Retirement. For full-time custodial food service employees retiring on July 1, 2004 2005 or after, the following choices would be offered for the use of unused sick days:
Option A: The employer agrees to compensate the employee, at retirement, for unused sick days multiplied by at a rate of $25 per day. The day up to a maximum of accrued unused sick day is 240240 days.
Option B: Upon retirement, the district District will utilize the employees employee’s unused sick days to maximize the benefit for the employee under section Section 41-j. A unit employee may convert all unused accumulation that is not utilized under Section 441-j of the NYSERS to a cash stipend at the rate of $30/30 per day.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Unused Sick Days at Retirement. For full-time custodial employees retiring on July 1, 2004 or after, the following choices would be offered for the use of unused sick days:
Option A: The employer agrees to compensate the employee, at retirement, for unused sick days multiplied by $25 per day. The maximum of accrued unused sick day is 240.
Option B: Upon retirement, the district will utilize the employees unused sick days to maximize the benefit for the employee under section 41-j. A unit employee may convert all unused accumulation that is not utilized under Section 4-j of the NYSERS to a cash stipend at the rate of $3020/day.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Unused Sick Days at Retirement. For full-time custodial employees retiring on July 1, 2004 or after, the following choices would be offered for the use of unused sick days:
Option A: The employer agrees to compensate the employee, at retirement, for unused sick days multiplied by $25 per day. The maximum of accrued accmed unused sick day is 240.
Option B: Upon retirement, the district will utilize the employees unused sick days to maximize the benefit for the employee under section 41-j. A unit employee may convert all unused accumulation that is not utilized under Section 4-j of the NYSERS to a cash stipend at the rate of $30/day.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Unused Sick Days at Retirement. For full-time custodial employees retiring on July 1, 2004 1,2004 or after, the following choices would be offered for the use of unused sick days:
Option A: The employer agrees to compensate the employee, at retirement, for unused sick days multiplied by $25 per day. The maximum of accrued unused sick day is 240.
Option B: Upon retirement, the district will utilize the employees unused sick days to maximize the benefit for the employee under section 41-j. A unit employee may convert all unused accumulation that is not utilized under Section 4-j of the NYSERS to a cash stipend at the rate of $30/day.
Appears in 1 contract
Samples: Collective Bargaining Agreement