Common use of Unused Sick Days Clause in Contracts

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. Any Employee bargaining unit member who is retiring or resigning from the District shall be compensated forty at fifty percent ($4050%) dollars of his/her daily wage per dayday for each accumulated day of unused sick leave. The daily wage will be based off the 2014-2015 school year daily wage or the current years daily wage whichever is greater for those employees with 50 or more sick days as of September 8, 2015. Payment under this section shall be made to a 403(b) plan account designated by the Employeebargaining unit member. There shall be no cash option to this employer 403(b) contribution.

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 EmployeeEmployee from the District’s list of approved vendors. There shall be no cash option to this employer 403(b) contribution.