No Cash Option. No employee may receive cash in lieu of or as an alternative to any of the Employer’s Non-elective Contribution(s) described herein.
No Cash Option. The contributions will be non-elective Employer contributions, and Employees will have no option to receive cash in lieu of such contributions.
No Cash Option. No employee may receive cash in lieu of or as an alternative to any of the Lake Placid Central School's Non-Elective Contribution(s) described herein.
No Cash Option. No employee who is represented by the Association and retiring from the school district may receive cash in lieu of, or as an alternative to, any of the Employer’s Non-elective Contribution(s) described herein.
No Cash Option. No teacher may receive cash in lieu of or as an alternative to any of the Employer’s non-elective contribution(s) described herein, except as provided in Section 2 herein.
No Cash Option. Except in the instance of a layoff and at the request of the employee, no eligible employee (as defined in paragraph 22.6) may receive cash in lieu of as an alternative to any of the Employer’s Non-elective Contribution(s) for earned, unused vacation pay and payment for sick leave accumulation pursuant to the applicable provisions of the CBA.
No Cash Option. Tke emylo;ee ma; »ot ìeceive cask i» lie» of oì as a» alteì»ative to a»; of tke Emylo;eì’s No»-elective Co»tìiu»tio»(s).
No Cash Option. No employee may receive cash for converted, unused sick or vacation leave in lieu of or as an alternative to any of the District’s nonelective contributions(s) described herein.
No Cash Option. Except as provided in paragraph V(A)(3)(a)(iii) xxxxx, The Superintendent may not receive cash in lieu of or as an alternative to the District’s Non-elective Contribution described herein.
