Compensation for Unused Sick Leave Sample Clauses
The Compensation for Unused Sick Leave clause establishes the terms under which an employee is compensated for any accrued but unused sick leave upon termination of employment. Typically, this clause outlines eligibility requirements, such as minimum service periods or employment status, and specifies the method of calculating the payout, which may be based on the employee’s current wage rate and the number of unused sick days. Its core function is to provide clarity and fairness regarding the financial treatment of unused sick leave, ensuring both parties understand their rights and obligations at the end of employment.
Compensation for Unused Sick Leave. 1. Employees who enter County service after July 1, 1979, shall not be eligible for compensation for any of their unused sick leave credits.
2. An employee with ten (10) or more years of continuous service during that employee's present employment who retires, voluntarily terminates, dies, discontinues earning sick leave credits by reason of that employee changing from being paid at a biweekly rate, is elected to County Office, or is laid off, shall be paid twenty-five percent (25%) of that employee's accumulated sick leave credits. An employee who received such compensation shall have no right to restoration of any sick leave credit upon return to County service.
3. Employees who earned County service prior to July 1, 1979, and in accordance with the above provisions, shall be compensated for their unused sick leave credits as determined by the following payout ranges: $ 11,001 to $ 12,000 10,001 to 11,000 9,001 to 10,000 8,001 to 9,000 7,001 to 8,000 6,001 to 7,000 Cash payout for unused sick leave credits shall not exceed the upper limit of the range at which the employee's unused credits lie as of June 28, 1979.
Compensation for Unused Sick Leave. When resigning or leaving the district, a teacher shall be compensated for unused sick leave. To be eligible, the teacher must have accumulated seventy (70) days of sick leave and have a minimum of ten (10) years experience in the district. Payment will be $15.00 for each day of unused sick leave with a maximum payment of $1,200.00. Note: A teacher that is terminated from employment, excluding RIF, will not be eligible for compensation of unused sick leave.
Compensation for Unused Sick Leave. 1. Employees, who enter County service after June 30, 1979, shall not be eligible for compensation for any of their unused sick leave credits.
2. An employee with ten (10) or more years of continuous service during that employee's present employment who retires, voluntarily terminates, dies, discontinues earning sick leave credits by reason of that employee changing from being paid at a biweekly rate, is elected to County office, or is laid off, shall be paid twenty-five percent (25%) of that employee's accumulated sick leave credits. An employee who received such compensation shall have no right to restoration of any sick leave credit upon return to County service.
3. Employees who earned County service prior to July 1, 1979, and in accordance with the above provisions, shall be compensated for their unused sick leave credits as determined by the following payout ranges: $ 11,001 to $ 12,000 10,001 to 11,000 9,001 to 10,000 8,001 to 9,000 7,001 to 8,000 6,001 to 7,000 -0- to 6,000 Cash payout for unused sick leave credits shall not exceed the upper limit of the range at which the employee's unused credits lie as of June 30, 1979.
4. All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused sick leave, if applicable) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.
Compensation for Unused Sick Leave. A. Teachers who voluntarily leave district employment shall receive pay for up to 120 days of accrued sick leave earned within the district as follows: (2003, 2004) 20 or more years of district service 25% of daily rate of (base) pay Less than 20 years of district service 10% of daily rate of (base) pay per day the first year plus ½% for each additional year of service
B. Teachers hired before January 1, 2005 who voluntarily leave district employment shall receive 20% of daily rate of (base) pay for accrued sick leave earned within the district in excess of 120 days. Teachers hired after January 1, 2005 who voluntarily leave district employment shall receive 10% of daily rate of (base) pay for accrued sick leave earned within the district in excess of 120 days. (1998, 2004, 2010, 2014)
C. The estate of a teacher who dies while under contract or on leave with the district will be paid for all district earned unused sick leave at the rate of 25% of daily rate of (base) pay. (1993, 2004)
Compensation for Unused Sick Leave. 1. Employees shall not be eligible for compensation for any of their unused sick leave credits.
2. An employee with ten (10) or more years of continuous service during that employee’s present employment who retires, voluntarily terminates, dies, discontinues earning sick leave credits by reason of that employee changing from being paid at a biweekly rate, is elected to County office, or is laid off, shall be paid twenty-five percent (25%) of that employee’s accumulated sick leave credits. An employee who received such compensation shall have no right to restoration of any sick leave credit upon return to County service.
Compensation for Unused Sick Leave. 1. Employees, who enter County service after July 1, 1979, shall not be eligible for compensation for any of their unused sick leave credits.
2. An employee with ten (10) or more years of continuous service during that employee's present employment who retires, voluntarily terminates, dies, discontinues earning sick leave credits by reason of that employee changing from being paid at a biweekly rate, is elected to County office, or is laid off, shall be paid twenty-five percent (25%) of that employee's accumulated sick leave credits. An employee who received such compensation shall have no right to restoration of any sick leave credit upon return to County service.
3. All employees shall participate in the County’s 401(a) Terminal Pay Plan. However, only the terminal paychecks (including sick leave, if applicable) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.
Compensation for Unused Sick Leave. The Sick Leave Annuity Plan begun for teachers in 1980 will be continued unless modified pursuant to Article 6. Effective September 1, 1994, each teacher electing retirement will be provided compensation for accumulated sick leave days as follows:
Compensation for Unused Sick Leave. 1. For the 2018-2019 school year, teachers who retire under OTRS shall receive payment for unused sick leave days accumulated over one hundred twenty days (120 days) to a maximum of one hundred fifty days (150 days) which have not been utilized to obtain an additional year of service with the Oklahoma Teachers’ Retirement System and have not been transferred to another district. Teachers who qualify shall receive payment of $30.00 per day.
2. For the 2018-2019 school year, teachers who retire under OTRS from Newkirk Public Schools shall receive payment for unused sick leave days accumulated over ninety (90) days but less than one hundred twenty (120) days. Teachers who qualify shall receive payment of $30.00 per day.
3. At the beginning of each year each teacher will be notified of available leave balances. Upon request teachers will be notified of their available balances within five (5) working days.
Compensation for Unused Sick Leave. When an employee hired before June 30, 2013 either retires from the service of the Town, or leaves the service of the Town with at least 12 years of full-time continuous service (as computed for Longevity Pay) as a permanent employee, s/he shall receive payment for 50% of his/her accumulated unused sick leave, but under no circumstances for more than 105 days, at the rate of his/her then current regular compensation as defined hereafter. When an employee hired after June 30, 2013 and before December 8, 2016 either retires from the service of the Town, or leaves the service of the Town with at least 12 years of full-time continuous service (as computed for Longevity Pay) as a permanent employee, s/he shall receive payment for 25% of his/her accumulated unused sick leave, but under no circumstances for more than 52.5 days, at the rate of his/her then current regular compensation as defined hereafter. When an employee hired after December 7, 2016 either retires from the service of the Town, or leaves the service of the Town with at least 12 years of full-time continuous service (as computed for Longevity Pay) as a permanent employee, s/he shall receive payment for 15% of his/her accumulated unused sick leave, but under no circumstances for more than 31.5 days, at the rate of his/her then current regular compensation as defined hereafter. For purposes of calculating the payment of compensation for unused sick leave, regular compensation shall include regular hourly wages paid for 8-hour day and longevity pay for 8- hour day being paid to such employees as of the last month of his/her employment by the Town. No other items of pay shall be included in the calculation. The amount of said pay for each unused sick leave day shall be eight times the regular straight time hourly rate of pay plus eight times the hourly rate of longevity for which the employee is eligible on his final day of employment by the Town.
Compensation for Unused Sick Leave. Upon termination of employment by resignation, retirement or death, a regular employee who leaves the City service in good standing shall receive compensation for all accumulated unused sick leave based upon the following formula: a rate of three percent (3%) for each year of service (i.e., 3% times number of employment service years). The maximum number of accumulated, unused sick leave an employee may be compensated for upon termination of employment is 600 hours. See Section 4.5.4 regarding Service Credit option for accumulated, unused sick leave that the employee is not compensated for upon termination.