Common use of Accrued Sick Leave Credit Clause in Contracts

Accrued Sick Leave Credit. Subject to the provisions set forth below, all employees covered by this Agreement who die while a County employee or who actually retire from County service and apply (within sixty (60) days of last paid), for retirement annuity from the Wisconsin Retirement Fund and/or Social Security, which annuity must exceed $10 per month, shall have their sick leave credits not to exceed one thousand seven hundred forty (1,740) hours (at the time of their retirement or death) converted to a monetary value (hours of credit times normal hourly rate of pay or conversion rate of pay received immediately prior to retirement) which total shall be available in subsequent years to pay such hospital, surgical and dental insurance costs as may be charged such employees and their dependents by the company or companies as set forth in 13.01(a).

Appears in 4 contracts

Samples: Tentative Agreement, admin.countyofdane.com, admin.countyofdane.com

AutoNDA by SimpleDocs

Accrued Sick Leave Credit. Subject to the provisions set forth below, all employees covered by this Agreement who die while a County employee or who actually retire from County service and apply (within sixty (60) days of last paid), for retirement annuity from the Wisconsin Retirement Fund and/or Social Security, which annuity must exceed $10 per month, shall have their sick leave credits not to exceed one thousand seven hundred forty (1,7401,700) hours (at the time of their retirement or death) converted to a monetary value (hours of credit times normal hourly rate of pay or conversion rate of pay received immediately prior to retirement) which total shall be available in subsequent years to pay such hospital, surgical and dental insurance costs as may be charged such employees and their dependents by the company or companies as set forth in 13.01(a).

Appears in 3 contracts

Samples: danedocs.countyofdane.com, www.lris.com, danedocs.countyofdane.com

AutoNDA by SimpleDocs

Accrued Sick Leave Credit. Subject to the provisions set forth below, all employees covered by this Agreement who die while a County employee or who actually retire from County service and apply (within sixty (60) days of last paid), for retirement annuity from the Wisconsin Retirement Fund and/or Social Security, which annuity must exceed $10 per month, shall have their sick leave credits not to exceed one thousand seven nine hundred forty (1,7401,900) hours (at the time of their retirement or death) converted to a monetary value (hours of credit times normal hourly rate of pay or conversion rate of pay received immediately prior to retirement) which total shall be available in subsequent years to pay such hospital, surgical and dental insurance costs as may be charged such employees and their dependents by the company or companies as set forth in 13.01(a).

Appears in 1 contract

Samples: Tentative Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.