Sick Leave Cash-In. To encourage and reward personnel, who exercise particular care in the maintenance of their personal health and job attendance, the Board provides a good attendance incentive. All employees in the bargaining unit who accrue sick leave may cash in sick leave days accrued each year, provided the following criteria are met:
Sick Leave Cash-In. Upon retirement, a teacher may elect to receive payment for up to thirty (30) sick days accumulated through annual allotment and not used for TRS creditable service. Payment per day shall be 100% of the District’s then current short-term daily substitute rate. Payment shall be made by January 15th of the calendar year following the year of retirement. The teacher may elect to receive the payment in cash or directly into a qualified Health Savings Account.
Sick Leave Cash-In. An employee who elects this severance option shall waive his/her right to reinstatement and options covered under 4.2 and 4.3 of this article; but shall have the right to cash in all unused accumulated 100% sick leave. Such hours shall be compensated for by cash payment at 50% of the employee's current salary rate.
Sick Leave Cash-In. An employee who has accumulated more than thirty-three (33) sick days by the end of any calendar year may upon giving written notice to the President/CEO or her delegatee prior to the end of the year, receive payment for unused sick days accumulated during that calendar year at the rate of one-day's pay for every two (2) unused sick days accumulated during the year. The employee must cash-in all unused days accumulated during the year to be eligible for this benefit. The employee shall be paid for the unused days by February 28 of the following year. It is understood that the maximum cash payment to an employee with thirty-three (33) or more sick days is six (6) days pay.
Sick Leave Cash-In. Employees who use no more than 2 sick leave days, including leave for personal reasons in any fiscal year, shall be eligible to "cash in" up to two (2) days of their sick leave according to the following provisions:
Sick Leave Cash-In. The management employee shall have the right to cash in all unused accumulated 100% sick leave. Such hours shall be compensated for by cash payment at 50% of the employee's current salary rate.
Sick Leave Cash-In. Administrators shall accrue sick leave at the rate of 1 and 1/3 days per month. Administrators who are unable to apply their sick leave towards retirement in their respective Retirement System (TRS Tier III), shall be paid at sixty-seven percent (67%) of per diem rate for unused sick leave accrued while employed by KPBSD upon death, resignation, or retirement from the District through TRS.
Sick Leave Cash-In. Upon giving at least 90 days irrevocable written notice of their retirement, teaching assistants can avail themselves of a sick leave cash-in benefit according to the following procedures:
