Unused Sick Time Sample Clauses

Unused Sick Time a. Unused sick leave up to a total of nine hundred (900) hours (120 working days) may be carried forward from one (1) calendar year to the next. b. Seventy-five (75%) of sick leave hours accumulated over nine hundred (900) hours shall be paid in cash to the employee in the pay period including the calendar year end date (12/31) at the employees’ then current rate of pay.
AutoNDA by SimpleDocs
Unused Sick Time. 1. Unused sick time up to a maximum of ten (10) days will be payable to employees covered by this Agreement on or about January 15 for the preceding contract year. All sick leave in any year shall be initially charged against the unused sick leave for the year in which it is taken and then against any accumulated sick leave for prior years. 2. The employee has the right to elect to continue accumulating sick leave as per Civil Service rules or to take cash payment as provided above. The employee must select one of the two options. In either event, such choice must be made in writing to the department head no later than November 15 of each contract year.
Unused Sick Time. Effective June 30, 2001, unit members who retire per the rules o f the New York State Employee Retirement System will be paid for unused sick time per the following guidelines: a) In order to be eligible for the unused sick leave payment, members must have completed 15 years of service and have accumulated at least 100 sick days and not fall below that total. b) The unused sick leave payment will be calculated per the following formula: c) The maximum payment allowable will be $5,000.
Unused Sick Time. 1. Effective January 1, 2011, employees who have less than five (5) years CPL service on their retirement date shall not be entitled to payout for unused sick hours at the time of their retirement. 2. Employees who retire from January 1, 2011 through June 30, 2011 will, at the time of retirement, be paid for forty percent (40%) of unused sick hours up to nine hundred (900) hours in cash at his/her current salary rate. In addition, for each full year of service exceeding thirty two (32) years, the employee will be paid an additional thirty seven and one half (37.5) hours, until the remaining unused sick leave is exhausted. No more than a total of nine hundred (900) hours of unused sick time will be eligible for payout. 3. Employees who retire on or after July 1, 2011 will, at the time of retirement, be paid for forty percent (40%) of unused sick hours up to nine-hundred (900) hours in cash at their current salary rate. No more than a total of nine hundred (900) hours of unused sick time will be eligible for payout.
Unused Sick Time. Upon retirement from the Burlington Township School District, the Assistant Superintendent shall be eligible to redeem unused sick leave at the rate of
Unused Sick Time. 14.1 Employees who retire and collect a Public Employee Retirement System pension and who have worked at the Library for 15 years or more shall receive compensation for unused sick pay at the rate of twenty dollars ($20.00) per day with the maximum amount payable of fifteen hundred dollars ($1500). A. Retiring professional employees are required to give the library forty-five (45) days written notice of retirement. Retiring non-professionals are required to give the library thirty (30) days written notice of retirement. Failure to give the required notice of intention to retire may be cause for forfeiture of the compensation for unused sick leave, exceptions may be granted.
Unused Sick Time. Upon retirement from the Burlington Township School District, the Administrator shall be eligible to redeem unused sick leave at the rate of $50.00 per day with a maximum of 325 days. After the Administrator reaches her 15th year in the district this rate will go to $100 per day with a maximum of 325 days. Any payment made shall not exceed fifteen thousand dollars ($15,000).
AutoNDA by SimpleDocs
Unused Sick Time. Sick days are intended to be used only for personal illness or injury. Therefore, an associate who quits or is discharged for just cause shall not be entitled to pay for an unused or accrued sick days.
Unused Sick Time. Any unused sick time as of January 1, 2001 will be frozen for Dispatchers only. Dispatch employees may use frozen sick time only in cases of a serious injury, illness or accident and may only use such time during the first seven (7) calendar days before the short- term disability policy takes effect. Any time remaining at the time a Dispatch employee terminates his/her employment with the City by way of death, retirement or resignation shall be paid for 50% of any frozen sick time at the hourly rate in effect on September 21, 2000.

Related to Unused Sick Time

  • Unused Sick Leave The accrual of unused sick leave hours is unlimited. The City and the Union commit to the evaluation and establishment of a mutually beneficial non-use of sick leave incentive and pay-out policy. Until such time that a policy is established, accumulated sick leave shall be compensated as follows: Upon retirement from the City service, an employee shall be paid sixty percent (60%) of his accumulated sick leave, with the rate of payment based upon his regular pay at the time he retires. Upon the death of an employee, his beneficiary shall be paid sixty percent (60%) of his accumulated unused sick leave, with the payment based upon his regular pay at the date of his death.

  • Sick Time An employee shall have all of his/her accrued sick leave credits transferred when the employee is transferred to a different State agency.

  • Unused Line Fee On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

  • Payment for Unused Sick Leave (a) An employee with less than ten (10) years of FIU service who separates from FIU shall not be paid for any unused sick leave. (b) An employee who has completed ten (10) or more years of FIU service, has not been found guilty or has not admitted to being guilty of committing, aiding, or abetting any embezzlement, theft, or bribery in connection with State government, or has not been found guilty by a court of competent jurisdiction of having violated any State law against or prohibiting strikes by public employees, and separates from FIU because of retirement for other than disability reasons, termination, or death, shall be compensated at the employee's current regular hourly rate of pay for one-eighth of all unused sick leave accrued prior to October 1, 1973, plus one- fourth of all unused sick leave accrued on or after October 1, 1973; provided that one-fourth of the unused sick leave since 1973 does not exceed 480 hours. The compensation in this paragraph 8(4)(b) shall not be given to an employee who starts employment at FIU on or after July 1, 2006. (c) Upon layoff, an employee with ten (10) or more years of FIU service shall be paid for unused sick leave as described in paragraph b., above, unless the employee requests in writing that unused sick leave be retained pending re-employment. For an employee who is re-employed by the University within twelve (12) calendar months following layoff, all unused sick leave shall be restored to the employee, provided the employee requests such action in writing and repays the full amount of any lump sum leave payments received at the time of layoff. An employee who is not re- employed within twelve (12) calendar months following layoff shall be paid for sick leave in accordance with this Policy. (d) All payments for unused sick leave shall be made in lump sum and shall not be used in determining the average final compensation of an employee in any State administered retirement system. An employee shall not be carried on the payroll beyond the last official day of employment, except that an employee who is unable to perform duties because of a disability may be continued on the payroll until all sick leave is exhausted. (e) If an employee has received a lump sum payment for accrued sick leave, the employee may elect in writing, upon re-employment within 100 days, to restore the employee's accrued sick leave. Restoration will be effective upon the repayment of the full lump sum leave payment. (f) In the event of the death of an employee, payment for unused sick leave at the time of death shall be made to the employee's beneficiary, estate, or as provided by law.

  • Wash-Up Time 37.01 Where the Employer determines there is a clear-cut need, wash-up time, to a maximum of ten (10) minutes immediately before the end of a work period, will be permitted.

  • Holiday Falling on a Scheduled Workday An Employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double time and one-half (2½) for hours worked, plus a day off subject to this Agreement.

  • Show Up Time An employee who reports to work in the usual manner without having been notified that there is no work available and is sent home because of lack of work before having worked four (4) hours shall receive a minimum of four (4) hours pay at their prevailing hourly rate. The employee shall also receive their full accommodation allowance if and when applicable. Each employee must inform the Employer of a means of being contacted on short notice. If an attempt is made by the Employer at least two (2) hours before the employee’s shift commences by way of the contact information provided, in an effort to inform the employee of a lack of work, and the Employer is unable to do so, the employee will not be entitled to show up time.

  • Unused Revolving Line Facility Fee A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to one quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder; and

  • Unused Fees For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!