Compensation for Accrued Sick Leave Sample Clauses
The "Compensation for Accrued Sick Leave" clause establishes an employee's right to receive payment for any unused sick leave they have accumulated, typically upon termination of employment. In practice, this clause outlines the conditions under which accrued sick leave is calculated and paid out, such as specifying eligibility requirements or capping the maximum payout. Its core function is to ensure that employees are fairly compensated for earned benefits, while providing clarity and preventing disputes regarding sick leave entitlements at the end of employment.
Compensation for Accrued Sick Leave. An employee or employee's estate shall be entitled to receive a cash payout equal to 60% of the value of their accrued unused sick leave credit, from July 1, 1974 forward, computed from the last base wage of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the occurrence of any of the following events:
Compensation for Accrued Sick Leave. If an employee with unused sick leave credit a. dies;
Compensation for Accrued Sick Leave. If an employee with unused sick leave credit dies; resigns when eligible for retirement; resigns to enter a City elective office without a break in continuity of City service and serves in such office employment until retired under the City's retirement system; or is laid off because of the abolishment of his/her position or employment or because of absence of funds; he/she or his/her estate shall be entitled to receive 70% of the value of his/her accrued sick leave computed from his/her last base salary as an employee. Payment shall be made as soon as practicable following the occurrence of any of the foregoing events. This “cash out” shall be directed to the employees ▇▇▇▇ account.
Compensation for Accrued Sick Leave. If an employee with unused sick leave credit dies; retires under the City's retirement system; resigns when eligible for such retirement; resigns to enter a City elective office without a break in continuity of City service and serves in such office employment until retired under the City's retirement system; or is laid off because of the abolishment of his/her position or employment or because of absence of funds; he/she or his/her estate shall be entitled to receive one-half (½) of the value of his/her accrued sick leave computed from his/her last base salary as an employee, except that, sick leave earned prior to July 1, 1974 will be available for sick leave use only and will not have monetary value at the time of retirement or death. When deducting sick leave used by an employee, that sick leave earned after June 30, 1974, will be deducted before deducting sick leave earned prior to July 1, 1974. Payment shall be made as soon as practicable following the occurrence of any of the foregoing events. (1974 MOU & CSR XV)
Compensation for Accrued Sick Leave. Sick leave is provided by the Employer in the nature of insurance against loss of income due to the employee’s illness or injury. No compensation for accrued sick leave shall be provided to any employee upon termination of employment for whatever reason, provided that upon bona fide retirement, one-half (1/2) of the employee’s accrued and unused sick leave will be reported to PERS. Sick leave shall not accrue during any leave of absence without pay. In the event there is a change in Oregon State Statute regarding the payment to Public Employees Retirement System (PERS), the Association and the Employer will immediately open the contract for the sole purpose of negotiation of this Article.
Compensation for Accrued Sick Leave. Employees may be compensated for a maximum of 960 hours upon separation from Mono County as follows:
1. If the Employees has worked for the County for less than five (5) years, no compensation shall be paid for accrued sick leave.
2. If the Employee has worked for the County more than five (5) years, but less than ten (10) years, then the Employee shall be paid seventy-five percent (75%) of the dollar value of the accrued sick leave.
3. If the Employee has worked for the County more than ten (10) years, then the Employee shall be paid one hundred percent (100%) of the dollar value of the accrued sick leave.
4. If the Employee is terminated by reason of layoff, then the Employee shall be paid one hundred percent (100%) of the dollar value of the accrued sick leave.
5. The dollar value of the Employee’s accrued sick leave shall be based upon the Employee’s Base Rate of Pay on the date of separation.
Compensation for Accrued Sick Leave. 30 15.9.5 Integration with Workers’ Compensation . . . . . . . . . . . . . . . . . . . 31 15.10 Personal Leave 31 15.11 Funeral Leave 31 15.12 Vacation Leave 31 15.12.1 Vacation Accrual 31 15.12.2 Continuous Service 32 15.12.3 Vacation Eligibility 32 15.12.4 Vacation Scheduling 32 15.12.5 Limitations on Vacation Accrual 32 15.12.6 Death or Separation 32 15.12.7 Request Procedure 33 15.13 Other Leaves of Absence 33 15.13.1 Nature of Other Leaves 33 15.13.2 Leave Without Pay 33 15.13.3 Family Leave 33 15.14 Call Out and On Duty Time 33 Article 16 – Holidays 34 16.1 Holidays 34 16.2 Compensation for Work on Holiday 34 16.3 Holidays during Vacation or Sick Leave 34 16.4 Accrual of Holiday Leave 34 Article 17 – General Provisions 35 17.1 Management Determination of Education and Training 35 17.2 Safety Regulations 35 17.3 Personal Appearance 35 17.4 Shift Trade and Trading Days Off 35 Article 18 – Seniority 36 18.1 Definition 36 18.2 Layoff, Reduction in Class and Recall 36 18.3 Notice of Recall from Layoff Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 18.4 Promotional Probationary Period. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 18.5 Seniority List . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 18.6 Lateral Hires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Article 19 – Retirement. 38 19.1 PERS Participation 38 19.2 Employer PERS Contribution 38 Article 20 – Uniforms and Equipment 39
Compensation for Accrued Sick Leave. Upon retirement, employees will receive payment for fifty (50) percent of accumulated sick leave based upon the rate of pay at the time of retirement. The total payment of eligible sick leave cash-out upon retirement shall be submitted into the employee’s HRA ▇▇▇▇ account as an Employer Contribution. Upon the death of an employee, the employee’s beneficiary will receive payment for all accumulated sick leave based upon the employee’s base rate of pay at the time of death.