Common use of Conversion Plan Clause in Contracts

Conversion Plan. Pursuant to Section 145.01 of the Ohio Revised Code and Ohio Administrative Code 145-1-26, Developmental Disabilities of ▇▇▇▇▇ County is executing a plan for the conversion of sick leave, personal leave, and vacation leave, for leave that is accrued, but not used, during the calendar year, as defined as January 1 to December 31, as part of an annual conversion plan for Full-time and Part-time employees, excluding intermittent on-call employees. These earnings are eamable salary on which employee and employer contributions shall be remitted to OPERS. After participation in the conversion program(s), the employee must maintain at least 1.5 times the number of bi-weekly hours worked, in sick leave hours, as stated on the employee's annual employment notification form (e.g., an employee who works 80 hours per bi-week must maintain at least 120 hours of sick leave). The maximum number of hours that can be converted into personal leave or cash is to be based on the employee's paid leave balances as of the end of the pay period that falls before December 1st• Conversion to personal leave or any cash payouts will appear in the last check in December. Actual cash payments are subject to all normal payroll deductions (i.e., payroll taxes, retirement, etc.). Employees who have retired from a position covered by an Ohio public retirement system and employed by the Board are entitled to the annual leave cash out. They will be eligible for the "Sick Leave Conversion to Personal Leave" and "Vacation Leave Conversion to Cash" provision stated in the Paid Leave Conversion procedure, however they will not be entitled to "Sick Leave Conversion to Cash" as referenced in the same procedure;

Conversion Plan. Pursuant to Section 145.01 of the Ohio Revised Code and Ohio Administrative Code 145-1-26, Developmental Disabilities of ▇▇▇▇▇ Clark County is executing a plan for the conversion of sick leave, personal leave, and vacation leave, for leave that is accrued, but not used, during the calendar year, as defined as January 1 to December 31, as part of an annual conversion plan for Full-time and Part-time employees, excluding intermittent on-call employees. These earnings are eamable salary on which employee and employer contributions shall be remitted to OPERS. After participation in the conversion program(s), the employee must maintain at least 1.5 times the number of bi-weekly hours worked, in sick leave hours, as stated on the employee's annual employment notification form (e.g., an employee who works 80 hours per bi-week must maintain at least 120 hours of sick leave). The maximum number of hours that can be converted into personal leave or cash is to be based on the employee's paid leave balances as of the end of the pay period that falls before December 1st• Conversion to personal leave or any cash payouts will appear in the last check in December. Actual cash payments are subject to all normal payroll deductions (i.e., payroll taxes, retirement, etc.). Employees who have retired from a position covered by an Ohio public retirement system and employed by the Board are entitled to the annual leave cash out. They will be eligible for the "Sick Leave Conversion to Personal Leave" and "Vacation Leave Conversion to Cash" provision stated in the Paid Leave Conversion procedure, however they will not be entitled to "Sick Leave Conversion to Cash" as referenced in the same procedure;