Payment for Unused Sick Leave Sample Clauses

Payment for Unused Sick Leave a. An employee with less than ten (10) years of continuous University service, as defined herein, who separates from the University shall not be paid for any unused sick leave. For employees appointed on or before 1/7/03 University service includes continuous employment by the University or the State of Florida.
AutoNDA by SimpleDocs
Payment for Unused Sick Leave. Any unused balance of sick leave at full pay at the end of any calendar year shall be carried over and accumulated from one calendar year to the next to a maximum of 800 working hours, provided, however, that any sick leave at full pay remaining unused at the end of any calendar year, which if added to an employee’s accumulated sick leave at full pay will exceed 800 working hours, shall, as soon as practicable after the end of each calendar year, be compensated for by cash payment of 50% of the salary rate current at the date of payment. The annual cash payment for employees who accumulate excess sick leave in accordance with LAAC Section 4.126(b) will receive a bank of time in lieu of cash. The credited time will be deposited into a separate leave bank to be used in a manner similar to vacation time, or cashed out at the time of retirement. This will apply to payouts that would be due at the end of calendar years 2011 and 2012. Cash payment may be made to an employee at the discretion of the employing department. If an employee retires from the service of the City, or if an employee who is eligible to retire dies prior to retirement, any balance of accumulated sick leave at full pay remaining unused at the date of retirement or death shall be compensated to the employee, or in the event of the death of the employee, to his/her legal beneficiaries, by cash payment at 50% of the employee’s salary rate on the date of retirement or death. If an employee retires from the service of the City, or if an employee who is eligible to retire dies prior to retirement, any balance of accumulated sick leave at 50% of full pay remaining unused at the date of retirement or death shall be compensated to the employee, or in the event of the death of the employee, to his/her legal beneficiaries, by cash payment at 25% of the employee’s salary rate on the date of retirement or death. The City Council may, by resolution, authorize cash payment to the legal beneficiaries of any City employee who is killed during the performance of job-related duties for the balance of the employee’s accumulated full-pay sick leave at 100% of the employee’s salary rate on the date of his/her death. In no instance shall an employee or his/her beneficiaries be compensated more than once for accumulated full pay sick leave any 50% sick leave upon retirement or death. Any unused balance of sick leave at 75% of full pay at the end of any calendar year shall be carried over and accumulated from one ca...
Payment for Unused Sick Leave. 1. In order to receive payment for unused sick leave at the time of retirement, layoff or voluntary termination, a County employee must have five (5) or more years of County service.
Payment for Unused Sick Leave. (a) An employee with less than ten (10) years of FIU service who separates from FIU shall not be paid for any unused sick leave.
Payment for Unused Sick Leave. The City shall pay upon separation of an employee in good standing who has ten (10) or more years of service with the City, payment equal to ten percent (10%) of said employee's total accumulated sick leave and an employee in good standing who has twenty (20) or more years of service with the City, payment equal to fifteen percent (15%) of the employee's total accumulated sick leave earned with the City. The payment shall be computed at the employee's hourly rate of compensation at date of separation.
Payment for Unused Sick Leave. Except as otherwise specifically provided herein, upon a separation of service, other than retirement or death in the line of duty, a member shall not be entitled to receive any payment for any unused sick leave. Upon retirement from active service with the Township or upon death occurring in the line of duty, a member (or, if applicable, the surviving spouse or, secondarily, the estate) shall be paid for the member’s accrued but unused sick leave in accordance with the following schedule:
Payment for Unused Sick Leave. Employees represented by the bargaining unit who have completed ten (10) or more years of consecutive service and who voluntarily terminate will be eligible for pay for unused sick leave held at time of termination. In lieu of pay the teacher may choose to direct the District to forward to an insurance company, or directly into PERS (subject to PERS regulations), an amount equal to the percentages specified below subject to any federal tax obligations imposed by law.
AutoNDA by SimpleDocs
Payment for Unused Sick Leave. An Employee, who satisfies the eligibility requirements of this Section, shall be entitled to make an election to receive payment for sick leave under the terms and conditions set forth below:
Payment for Unused Sick Leave. At the beginning of each school year, ten (10) days of sick leave shall be added to each teacher’s accumulative total. At the end of the school year, the teacher shall be paid $50 per day for all days exceeding 120, less deductions as required by law.
Payment for Unused Sick Leave. Each employee whose most recent commencement date of employment began prior to July 1, 1990 and who, at the time of employment termination simultaneously retires under the Educational Retirement Act, shall be entitled to receive payment for accrued sick leave in accordance with the Employee Handbook and the following formula:
Time is Money Join Law Insider Premium to draft better contracts faster.