Common use of Payment for Unused Sick Leave Clause in Contracts

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.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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Payment for Unused Sick Leave. The Upon separation from City shall pay upon separation of service, an employee in good standing who has ten shall be paid one-half of his/her accumulated unused sick leave. The rate of payment shall be based on the regular hourly rate (10) excluding shift differential or more years of service with the City, payment equal any other addition 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%base pay) of the employee's total accumulated sick leave earned with employee on the Citylast day worked prior to separation. The employee qualifies for payment shall be computed at the employee's hourly rate of compensation at date of separation.if:

Appears in 1 contract

Samples: Agreement

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