Accrued Sick Leave. The Board shall provide all employees with a cumulative record 23 of accrued sick leave hours on each pay statement.
Accrued Sick Leave. City employees who are 55 and eligible for retirement are entitled to a payout or transfer to a post-employment health plan of the value of their accrued sick leave. As a further accommodation to existing City employees working at the Overture Center, any employee age 52 or older and working at Overture as a City employee as of June 30, 2012, will be eligible for this payout, subject to any limitations in the applicable post-employment health plans. Any City employees exercising their right to retire prior to July 1, 2012, shall be entitled to the payout or transfer and neither MCAD nor 201 shall be responsible for the costs thereof. 201 agrees that any City employee who accepts employment at 201 and is not entitled to the payout described herein will be given a bank of sick leave time of ten (10) days. 201 may determine how such sick leave is to be taken by its employees.