Annual Conversion of Accumulated Sick Leave Sample Clauses

Annual Conversion of Accumulated Sick Leave. Each January, any employee who at the end of the immediately previous calendar year shall have accumulated in excess of sixty days of unused sick leave may elect to convert unused sick leave earned the previous year in excess of sixty days to monetary compensation at the rate of 25% of the employee's current, full-time daily rate of compensation for each full day of eligible sick leave. Any such election shall be made by written notice to the Superintendent during the month of January. Any such annual conversion of accumulated sick leave shall be subject to the terms and limitations of law.
Sample 1Sample 2Sample 3See All (20)
AutoNDA by SimpleDocs
Annual Conversion of Accumulated Sick Leave. Each January, each eligible employee may elect to receive remuneration for unused sick leave accumulated in the previous calendar year.
Sample 1Sample 2Sample 3See All (4)
Annual Conversion of Accumulated Sick Leave. All Principals who at the end of the immediately previous calendar year shall have accumulated in excess of sixty (60) days of unused sick leave may elect to convert unused sick leave earned the previous year in excess of sixty (60) days to monetary compensation at the rate of twenty-five percent (25%) of the Principal’s current contract pay (e.g., 223/216th per authorized day) for each full day of eligible sick leave. Any such election shall be made by written notice to the Payroll Office during the month of January. Any such annual conversion of accumulated sick leave shall be subject to the terms and limitations of WAC 392-136. • Conversion of Sick Leave Upon Retirement (Same as teachers and according to state law) In order to receive reimbursement for unused sick leave at the time of separation from the District due to retirement, the Principal must have separated from such employment and have been granted a retirement allowance under the laws governing the teachers’ retirement system. The maximum number of days that may be converted for a Principal shall be one hundred eighty (180) days consistent with board policy and state statute. The compensation will be at the rate of twenty-five percent (25%) of the employee’s current contract pay (e.g., 223/216th per authorized day) for each full day of eligible sick leave.
Sample 1Sample 2
Annual Conversion of Accumulated Sick Leave. All Principals who at the end of the immediately previous calendar year shall have accumulated in excess of sixty (60) days of unused sick leave may elect to convert unused sick leave earned the previous year in excess of sixty (60) days to monetary compensation at the rate of twenty-five percent (25%) of the Principal’s current contract pay (e.g., 223/216th per authorized day) for each full day of eligible sick leave. Any such election shall be made by written notice to the Payroll Office during the month of January. Any such annual conversion of accumulated sick leave shall be subject to the terms and limitations of WAC 392-136.  Conversion of Sick Leave Upon Retirement (Same as teachers and according to state law) In order to receive reimbursement for unused sick leave at the time of separation from the District due to retirement, the Principal must have separated from such employment and have been granted a retirement allowance under the laws governing the teachers’ retirement system. The maximum number of days that may be converted for a Principal shall be one hundred eighty (180) days consistent with board policy and state statute. The compensation will be at the rate of twenty-five percent (25%) of the employee’s current contract pay (e.g., 223/216th per authorized day) for each full day of eligible sick leave.  VEBA III: The District will prepare and submit to the Board of Directors resolutions to adopt the VEBA III Retirement Sick Leave and Annual Sick Leave Conversion Plan. The Association, with an annual vote of fifty-one percent (51%) of the Association, will be allowed to participate in such plans once adopted by the Board in accordance with law and regulations. The Association agrees to provide annual survey packets to those members deemed eligible. The District agrees to make contributions to the plan on behalf of all Principals in the group eligible to participate in the plan by reason of having sick leave conversion rights. It is understood that all eligible Principals will be required to sign and submit to the District annually a hold harmless agreement complying with the statute. Should an eligible Principal fail to sign and submit such an agreement, he/she shall be ineligible to participate at any time during the term of this Agreement. Any and all excess sick leave which in the absence of this Agreement would accrue to such Principal during the term hereof shall be forfeited together with all cash-conversion rights that pertain to su...
Sample 1
Annual Conversion of Accumulated Sick Leave. All building administrators who at the end of the immediately previous calendar year shall have accumulated in excess of sixty (60) days of unused sick leave, may elect to convert unused sick leave earned the previous year in excess of sixty (60) days to monetary compensation at the rate of 25% of the employee’s current contract pay, i.e., 1/223th per authorized day, for each full day of eligible sick leave. Any such election shall be made by written notice to the payroll department during the month of January. Any such annual conversion of accumulated sick leave shall be subject to the terms and limitations of WAC 392-136.
Sample 1
Annual Conversion of Accumulated Sick Leave. 17 In January of each year, any eligible employee who at the end of the immediately previous calendar 18 year shall have accumulated in excess of 60 days (480 hours) of unused sick leave may elect to receive 19 remuneration for unused sick leave earned the previous year at the rate of 25% of the employee’s 20 current full-time daily rate of compensation for each full day (8 hours) of eligible sick leave (a 21 maximum of three (3) days or twenty four (24) hours in any one calendar year). Any such election 22 shall be made by written notice to the district personnel office during the month of January on forms 23 provided by the District. All sick leave days converted pursuant to this section shall be deducted from 24 the employee’s accumulated sick leave balance. Any such annual conversion of accumulated sick 25 leave shall be subject to the terms and limitations of Washington Administrative Code. The employees 26 should be allowed to transfer sick leave to fellow employees per state policy.
Sample 1
Annual Conversion of Accumulated Sick Leave. Each January, any eligible employee who at the end of the immediately previous calendar year shall have accumulated in excess of sixty (60) days of unused sick leave may elect to receive remuneration for unused sick leave earned the previous year at a rate equal to one day’s monetary compensation of the employee for each four full days of accrued leave for illness or injury. Any such election shall be made by written notice to the District personnel office during the month of January. All sick leave days converted pursuant to this section shall be deducted from the employee's accumulated sick leave balance. Any such annual conversion of accumulated sick leave shall be subject to the terms and limitations of Washington Administrative Code.
Sample 1
AutoNDA by SimpleDocs
Annual Conversion of Accumulated Sick Leave. 46 A. In January each eligible, current employee may elect to convert excess sick leave to 47 monetary compensation as hereinafter provided.
Sample 1

Related to Annual Conversion of Accumulated Sick Leave

  • Sick Leave Conversion On January 1 of each year, an employee may convert up to a maximum of 30 hours accumulated sick leave at fifty percent (50%) cash value for the sole purpose of reimbursing the employee for medical costs. This conversion is subject to the following:

  • Accumulated Sick Leave ‌ The Employer shall inform all employees at least once each year of the number of sick days accumulated and shall make the information available to an employee on request.

  • Payment for Unused Sick Leave a. An employee with less than ten (10) years of continuous University service, as defined herein, who separates from the University shall not be paid for any unused sick leave. For employees appointed on or before 1/7/03 University service includes continuous employment by the University or the State of Florida.

  • Sick Leave Accumulation Employees shall be credited with sick leave at the rate of 8 (eight) days per year. The maximum number of days that employees may accrue is as follows: 2020-2023 60 days Sick days are non-compensable at the time of termination of employment.

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year During the first year of current continuous employment Ninety-six (96) During the second year of current continuous employment One hundred four (104) During the third and fourth years of current continuous employment One hundred twelve (112) During the fifth, sixth, and seventh years of total employment One hundred twenty (120) During the eighth, ninth, and tenth years of total employment One hundred twenty-eight (128) During the eleventh year of total employment One hundred thirty-six (136) During the twelfth year of total employment One hundred forty-four (144) During the thirteenth year of total employment One hundred fifty-two (152) During the fourteenth year of total employment One hundred sixty (160) During the fifteenth year of total employment One hundred sixty-eight (168) During the sixteenth year of total employment and thereafter One hundred seventy-six (176)

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

  • Accumulation of Vacation Leave An employee who has earned at least ten (10) days' pay for each calendar month of a vacation year shall earn vacation leave of:

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