Carry-Over and Conversion. In the pay period including November 1st, employees will be offered the opportunity to convert to cash any part of his/her accrued sick leave for the prior year at the rate of fifty percent (50%). (Example: 10 days of unused sick leave is convertible to 5 days {50% of the 10} are waived.) This opportunity to convert will be available beginning November 1, and continue annually. Any employee not exercising a claim on or before November 15th will automatically have the hours carried forward. All accumulated sick leave that has been earned in previous years will be carried forward and is not convertible to cash, but may be utilized as outlined in this policy. Employees choosing to convert any of their time to cash should provide their supervisor with at least two (2) weeks’ notice in order for processing.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement