Common use of Carry-Over and Conversion Clause in Contracts

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of their sick leave accrued and not used for the twelve (12) month period ending on the last day of the pay period in November from which the first paycheck in December is issued each year at the following rates. Number of Hours Subject to Cash Conversion Percent of Regular Rate 80 80% 72 to 79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee who has a minimum of five (5) years of state service with the State of Ohio who terminates state service or retires, shall convert to cash any sick leave accrued at the employee's regular rate of pay earned at the time of separation within three (3) years of separation at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed, reinstated or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.

Carry-Over and Conversion. Employees will be offered the opportunity to convert to cash any part of their sick leave accrued and not used for the twelve (12) month period ending on the last day of the pay period in November from which the first paycheck in December is issued each year at the following rates. Number of Hours Subject to Cash Conversion Percent of Regular Rate 80 80% 72 to 79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% An employee not exercising a choice will automatically have the hours carried forward. An employee who has a minimum of five (5) years of state service with the State of Ohio who terminates state service or retires, shall convert to cash any sick leave accrued at the employee's regular rate of pay earned at the time of separation within three (3) years of separation at the rate of fifty-five percent (55%) for retirement separation and fifty percent (50%) for all other separations. If an employee dies, the converted sick leave shall be credited to his/her estate. An employee who is granted military leave or leave without pay may be paid for accrued sick leave or may keep it in reserve for use upon return at his/her discretion. An employee who is re-employed, reinstated or recalled from lay off and who received a lump sum payment for unused sick leave may have such days restored by returning the amount paid by the Employer for the number of days to be restored. Employees hired after July 1, 1986, who have previous service with political subdivisions of the State may use sick leave accrued with such prior employers but shall not be permitted to convert such sick leave to cash. An employee who transfers from one bargaining unit to another shall be credited with the unused balance of his/her sick leave balance up to the maximum sick leave accumulation permitted in the bargaining unit to which the employee transfers.