Use of Sick Leave Upon Retirement Sample Clauses

Use of Sick Leave Upon Retirement. Upon retirement, including disability retirement, employees shall receive credit for all unused sick leave as follows: Accumulated, unused sick leave in both the active and banked sick leave accounts shall be converted at current value and credited to the employee’s account for the purpose of paying the cost of the monthly premiums of a health insurance and/or life insurance policy. Upon written authority from or upon the death of a retired employee, or upon the death of an active employee, the spouse or surviving spouse shall be entitled to the value of the sick leave bank in both the active and banked sick leave accounts as converted in the previous paragraph for the purpose of paying the cost of monthly premiums of a health insurance and/or life insurance policy for the employee’s spouse or dependents. If the Carrier of either the health or life insurance policy is not a current contracted Carrier with the State of Iowa, or the Council or any of its sub-organizations, the employee or spouse shall be eligible for reimbursement of a premium payment to that Carrier upon submission of proof of payment as directed by the Department of Administrative Services - State Accounting Enterprise. If there is a dissolution of marriage or divorce, it is the employee’s responsibility to withdraw their authority from the Department of Administrative Services - State Accounting Enterprise.
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Use of Sick Leave Upon Retirement. Any employee represented by the DSA retiring from county service and eligible to receive California Public Employees’ Retirement System (CalPERS) benefits at the time of such retirement may select one or more of the following options; however, the selection must be made prior to retiring from county service and once the selection is made it is irrevocable:
Sample 1
Use of Sick Leave Upon Retirement. To the extent allowed by law and applicable PERS regulations, employees who retire shall receive credit for unused sick leave for the purpose of calculating final average salary for retirement benefits.
Sample 1

Related to Use of Sick Leave Upon Retirement

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • Definition of Sick Leave Sick leave means the period of time an Employee is absent from work because of disability due to illness or injury not covered by Workers’ Compensation.

  • Use of Sick Leave a. An employee, other than a casual employee, with responsibilities in relation to a class of person set out in subparagraph (ii) of paragraph (c) of this sub-clause, who needs the employee’s care and support shall be entitled to use, in accordance with this sub-clause, any current or accrued sick leave entitlements provided for in clause 18 of the award, sick leave, for absences to provide care and support for such persons when they are ill. Such leave may be taken for part of a single day.

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