Payment for Unused Sick Leave on Retirement. Any employee retiring on a state-administered pension plan shall be paid at the rate of one-half his or her daily rate for each day of accrued sick leave remaining to the employee's credit, up to a maximum of $15,000, in accordance with N.J.A.C. 4A:6-3.1 et seq. This amount shall be paid in a lump sum following the date of retirement.
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Payment for Unused Sick Leave on Retirement. Any employee retiring on a state-administered pension plan shall be paid at the rate of one-half his or her daily rate for each day of accrued sick leave remaining to the employee's credit, up to a maximum of $15,000, in accordance with N.J.A.C. N .J.A.C. 4A:6-3.1 et seq. This amount shall be paid in a lump sum following the date of retirement.
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