COMMUTED SICK LEAVE Sample Clauses
COMMUTED SICK LEAVE.
21.01 Certificated/licensed employees who retire from active service in the Parma City School District and with less than fourteen (14) years of service in the system, may in accordance with ORC 124.391 elect to be paid in cash for sick leave accumulated and unused at the time of retirement on the following basis:
A. Upon written application to the Chief Financial Officer, those certificated/licensed employees with accumulated and unused sick leave at the time of retirement will be paid a sum equal to the value of one-fourth of the unused sick leave to a maximum of 30 days.
B. Such payment shall be based on the employee’s daily rate of pay at the time of retirement, exclusive of supplemental pay. Payment for sick leave on this basis shall be considered to eliminate all sick leave credit accrued to the employee. Such payment shall be made only once to any employee.
C. Any employee who dies prior to severing employment who would otherwise have been entitled to such payment, shall be deemed to have severed employment the day preceding his/her death. Said payments for such accrued sick leave shall then be paid to his/her surviving spouse and/or to his/her estate in the manner provided by law.
D. For purposes of this article, the employee’s “daily rate of pay at the time of retirement exclusive of supplemental pay” shall include the employee’s salary, as well as any picked-up STRS contributions prorated on a daily basis.
A. Certificated/licensed employees employed prior to May 1, 1996, who retire, or who are severed from employment for any reason, and who have at least fourteen (14) years of service in the district, may elect to receive a lump sum cash payment for all of their accrued and unused sick leave to a maximum of sixty (60) days. Payment for sick leave on this basis shall be considered to eliminate all sick leave credit accrued by the employee. New employees hired after May 1, 1996, may not elect to receive this lump sum cash payment if they are severed from employment for any reason regardless of whether they have 14 years of service or not. Any certificated/licensed employee who qualifies for the aforementioned 60-day commuted sick leave payment and has an unused sick leave balance of more than 150 days, will also receive an additional 10% of accrued and unused sick leave above the 150 days.
B. Employees hired after May 1, 1996, who retire from employment, and who have at least fourteen (14) years of service in the district, may elect to receive a ...
COMMUTED SICK LEAVE. Certificated employees who resign or are severed for non-disciplinary reasons and who leave the District for reasons other than to obtain employment with another public entity and who have at least ten (10) years of service in the District may elect to receive a lump sum cash payment for ¼ of their accrued but unused leave credit up to a maximum payment of ¼ of two hundred forty (240) days. Such payment shall be calculated by multiplying the employee’s daily rate of pay at the time of such severance of employment (exclusive of supplemental pay) times his/her total accrued sick days. Payments under this Article shall be made no later than January 20th of the year following the effective date of the severing of employment. Such payment shall eliminate the employee’s sick leave. Any employee who dies prior to severing employment who would otherwise have been entitled to such payment shall be deemed to have severed employment the day preceding his/her death. Said payments for such accrued sick leave shall be made to the estate of the deceased upon receipt by the Treasurer of the proper legal documentation, i.e., death certificate, tax release, etc. RIFed teachers with at least five (5) years of service or teachers who are subject to nonrenewal shall be entitled to receive ¼ of accrued sick leave at any time after the teacher’s last day of actual work of the school contract year in which the layoff or nonrenewal occurred. Any teacher requesting and receiving such commuted sick leave payment shall be considered severed from employment and be deemed to have waived any recall rights under the reduction in force article, or the right to contest the nonrenewal, and to have forfeited seniority accrued prior to such request and receipt.