Common use of Annual Sick Leave Redemption Program Clause in Contracts

Annual Sick Leave Redemption Program. Sick leave may be accumulated indefinitely, or an employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one- half of the unused sick leave hours accrued between the last full pay period of November of one fiscal year to the last full pay period of November of the next fiscal year (hereafter called the "accrual period")—up to a maximum of 48 hours for nonshift employees and 67.73 hours for Fire shift employees—to cash, computed using the base salary rate in effect on the last day of the last full pay period of November of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to:

Annual Sick Leave Redemption Program. Sick leave may be accumulated indefinitely, or an employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one- half of the unused sick leave hours accrued between during the preceding "accrual period" (from the last day of the last full pay period of November of in one fiscal year to the last day of the last full pay period of November of in the next fiscal year (hereafter called the "accrual period")—up year), up to a maximum of 48 hours for nonshift employees personnel and 67.73 hours for Fire shift employees—personnel, to cash, computed using the base salary rate in effect on the last day of the last full pay period of November 30 of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to: