Personal Sick Leave Conversion Sample Clauses

Personal Sick Leave Conversion. 1. Regular employees shall be eligible, if they so desire, each quarter (during the pay periods including January 1, April 1, July 1, and October 1) to convert unused Personal Sick Leave in excess of 168 hours at a ratio of eight (8) hours day of vacation for every twenty-four (24)

Personal Sick Leave Conversion. 1. Regular employees having less than ten (10) years of consecutive full-time service shall be eligible, if they so desire, each quarter (January 1, April 1, July 1, October 1) to convert unused personal sick leave in excess of one-hundred and sixty-eight (168) hours at a ratio of eight (8) hours of vacation for every twenty-four (24) hours of personal sick leave. One hundred and sixty-eight (168) hours must be accrued and retained prior to converting any excess personal sick leave credits to vacation credits. Employees with at least ten (10) years of full-time consecutive service shall be eligible to convert sick leave in excess of one-hundred and sixty-eight (168) hours at the ratio of eight (8) vacation hours for every sixteen (16) sick leave hours. 2. Effective the pay period following April 1 of each year, regular full-time employees, whose unused personal sick leave has accumulated to more than 700 hours, must convert those hours in excess of 700 into their respective individual accounts in the Association’s Retiree Health Savings Plan, subject to a maximum conversion of 120 hours of sick leave per employee per year. The conversion of personal sick leave into the RHS shall occur as follows: • The City will convert unused personal sick leave into the Retiree Health Savings Plan for regular full-time employees having less than ten (10) years of consecutive full-time service at a ratio of three (3) hours of sick leave to one (1) hour of pay at the employee’s regular rate of pay. • The City will convert unused personal sick leave into the Retiree Health Savings Plan for regular full-time employees with at least ten (10) years of consecutive full-time service at a ratio of two (2) hours of sick leave to one (1) hour of pay at the employee’s regular rate of pay. 3. Upon separation from the City, regular full-time employees must convert hours into their respective individual accounts in the Association’s Retiree Health Savings Plan, as follows: • The City will convert unused personal sick leave into the Retiree Health Savings Plan for regular full-time employees having less than ten (10) years of consecutive full-time service at a ratio of two (2) hours of sick leave to one (1) hour of pay at the employee’s regular rate of pay. • The City will convert unused personal sick leave into the Retiree Health Savings Plan for regular full-time employees with at least ten (10) years at a ratio of two (2) hours of sick leave to one and one-half (1.5) hour of pay at t...

Personal Sick Leave Conversion. Regular employees shall be eligible, if they so desire, to convert unused Personal Sick Leave to vacation hours each quarter (January 1, April 1, July 1, October 1). Regular full-time employees having less than ten (10) years of consecutive full-time service shall be eligible to convert unused personal sick leave in excess of 168 hours to cash at a ratio of three (3) hours of sick leave to one (1) hour of pay at the employee’s regular rate of pay, subject to a maximum conversion of 180 hours of sick leave per employee per year. Regular full-time employees with at least ten (10) years of consecutive full-time service shall be eligible to convert unused personal sick leave in excess of 168 hours to cash at a ratio of two (2) hours of sick leave to one (1) hour of pay at the employee’s regular rate of pay, subject to a maximum conversion of 120 hours of sick leave per employee per year. Conversion requests can be made only in whole hour increments that are evenly divisible by the conversion ratio, subject to a sixty (60) hour maximum after conversion. Conversion requests shall be submitted on appropriate forms as determined by the Personnel Officer. The annual election period and payment period shall be designated and announced by Administrative Services annually. Upon separation or retirement, a regular full-time employee with less than ten (10) years of continuous service may convert any accrued and unused sick leave to vacation hours at a ratio of 2 to 1 at the regular rate of pay. A regular full-time employee who has a minimum of ten (10) years or more of full-time continuous service may convert any accrued and unused sick leave to vacation hours at the ratio of 2 to 1.5 at the regular rate of pay. In this situation, the employee may exceed his/her vacation accrual limits. This paragraph shall not apply to employees who separate due to termination for cause; or who resign or retire in lieu of being terminated after he/she has received a notice of intent to terminate for cause.