Common use of Sick Leave Buyback Clause in Contracts

Sick Leave Buyback. WAC 392.136 provides conditions for this section as f follows: Annual Conversion of Accumulated Sick Leave Commencing in January, l984, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one day's monetary compensation of the employee for each four full days of accrued leave for illness or injury in excess of sixty days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four days for every one day's monetary compensation. One day's monetary compensation shall mean the salary of an employee for each full day of employment, exclusive of supplemental pay, and exclusive of fringe benefits such as health, insurance premiums and other forms of insurance premiums. Employees shall give written notice to the Superintendent during the month of January if they desire to exercise the option to receive remuneration for unused leave accumulated in the previous year for illness or injury in excess of sixty days. At no time may a staff member's accumulated sick leave be reduced below sixty days to take advantage of this option.

Sick Leave Buyback. WAC 392.136 provides conditions for this section as f follows: Annual Conversion of Accumulated Sick Leave Commencing in January, l984, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one day's monetary compensation of the employee for each four full days of accrued leave for illness or injury in excess of sixty days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four days for every one day's monetary compensation. One day's monetary compensation shall mean the salary of an employee for each full day of employment, exclusive of supplemental pay, and exclusive of fringe benefits such as health, insurance premiums and other forms of insurance premiums. Employees shall give written notice to the Superintendent during the month of January if they desire to exercise the option to receive remuneration for unused leave accumulated in the previous year for illness or injury in excess of sixty days. At no time may a staff member's accumulated sick leave be reduced below sixty days to take advantage of this option.