Compensation Upon Separation. Accumulated (unused) sick leave at termination of employment will be reimbursed as follows: A. An employee retiring from City service will be credited for up to 175 days (1,400 hours) of accumulated but unused sick leave. B. An employee separated for other reasons and otherwise eligible for compensation for sick leave upon separation will be credited for up to 160 days (1,280 hours) of accumulated but unused sick leave. These limitations apply to the computation of separation pay and percent credit as defined in this Section. C. Separation pay is equal to the employee’s hourly rate of pay times the number of hours of compensable accumulated sick leave times a percentage credit. The percent credit will be calculated with the following formula with a minimum credit of 5%. The maximum credit would be 48.75%. D. In case of death of an employee, severance pay for accrued sick leave shall be paid to the employee’s estate or beneficiaries. E. The above provisions shall apply only to full-time employees who have completed one full year of service with the City of Xenia. An employee with less than ten (10) years of service is not eligible for severance pay for accumulated sick leave if the employee is dismissed from employment for unlawful or criminal conduct or resigns in anticipation of being dismissed for unlawful or criminal conduct. An employee with ten (10) years or more service shall be entitled to compensation for accumulated sick leave at his termination of employment, irrespective of cause, in accordance with the provisions of this Section.
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Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement