Common use of Payment for Sick Leave Clause in Contracts

Payment for Sick Leave. (1) Any employee covered by this Agreement who has completed twenty (20) years of service with the Urbana Fire Department including time spent on the University of Illinois Fire Department or who has retired as a result of a disability, shall upon retirement or resignation from the department receive payment for accumulated sick leave in an amount equal to fifty percent (50%) of the accrual, such payment to be made on the basis of the employee's hourly rate of pay at the time of such honorable separation. In the event of a death of an employee while in the employment of the City, the provisions of this section shall be paid to his/her estate.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

Payment for Sick Leave. (1) Any employee covered by this Agreement who has completed twenty (20) years of service with the Urbana Fire Department including time spent on the University of Illinois Fire Department or who has retired as a result of a disability, shall upon retirement or resignation from the department receive payment for accumulated sick leave in an amount equal to fifty twenty percent (5020%) of the accrual, such payment to be made on the basis of the employee's hourly rate of pay at the time of such honorable separation. In the event of a death of an employee while in the employment of the City, the provisions of this section shall be paid to his/her estate.

Appears in 1 contract

Samples: Agreement

Payment for Sick Leave. (1) Any employee covered by this Agreement who has completed twenty (20) years of service with the Urbana Fire Department including time spent on the University of Illinois Fire Department or who has retired as a result of a disability, shall upon retirement or resignation from the department receive payment for accumulated sick leave in an amount equal to fifty percent (50%) of the accrual, such payment to be made on the basis of the employee's hourly rate of pay at the time of such honorable separation. In the event of a death of an employee while in the employment of the City, the provisions of this section shall be paid to his/her estate.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Payment for Sick Leave. (1) Any employee covered by this Agreement who has completed twenty (20) years of service with the Urbana Fire Department including time spent on the University of Illinois Fire Department or who has retired as a result of a disability, shall upon retirement or resignation from the department receive payment for accumulated sick leave in an amount equal to fifty percent (50%) of the accrual, such payment to be made on the basis of the employee's hourly rate of pay at the time of such honorable separation. In the event of a death of an employee while in the employment of the City, the provisions of this section shall be paid to his/her the employee’s estate.

Appears in 1 contract

Samples: Agreement

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