Common use of Sick Leave Cash Out Clause in Contracts

Sick Leave Cash Out. (A) Employees may cash in unused sick leave days above an accumulation of sixty (60) days at a ratio of one full day's monetary compensation for four (4) accumulated sick leave days. At the employee's option, he/she may cash-out unused sick leave days in January of the school year following any year in which more than sixty (60) days of sick leave is accrued and each January thereafter, at a rate equal to one day's monetary compensation of the employee for each four (4) full days of accrued sick leave. The employee's sick leave accumulation shall be reduced four (4) days for each day compensated. No employee may receive compensation for sick leave accumulated in excess of one day per month.

Sick Leave Cash Out. (A) 8.4.1 Employees may are allowed to cash in unused sick leave days above an accumulation of sixty (60) days at a ratio of one (1) full day's day of monetary compensation for four (4) accumulated sick leave days. At the employee's option, he/she may they can cash-out their unused sick leave days in January February of the school year following any year in which more than a minimum of sixty (60) days of sick leave is accrued and each January thereafter, February thereafter at a rate equal to one (1) day's current monetary compensation of the employee for each four (4) full days of accrued sick leave. The employee's sick leave accumulation shall be reduced four (4) days for each day compensated. No employee may receive compensation for sick leave accumulated in excess of one day per month.

Sick Leave Cash Out. (A) Employees may cash in unused sick leave days above an accumulation of sixty (60) days at a ratio of one full day's monetary compensation for four (4) accumulated sick leave days. At the employee's option, he/she they may cash-out unused sick leave days in January of the school year following any year in which more than sixty (60) days of sick leave is accrued and each January thereafter, at a rate equal to one day's monetary compensation of the employee for each four (4) full days of accrued sick leave. The employee's sick leave accumulation shall be reduced four (4) days for each day compensated. No employee may receive compensation for sick leave accumulated in excess of one day per month.

Sick Leave Cash Out. (A) 11 Employees may cash in unused sick leave days above an accumulation of sixty (60) days at a ratio 12 of one (1) full day's monetary compensation for four (4) accumulated sick leave days. At the 13 employee's option, he/she may they can cash-out their unused sick leave days in January of the school year 14 following any year in which more than sixty (60) days of sick leave is accrued and each January 15 thereafter, at a rate equal to one day's monetary compensation of the employee for each four (4) full 16 days of accrued sick leave. 18 The employee's sick leave accumulation shall be reduced four (4) days for each day compensated. No employee may receive compensation for sick leave accumulated in excess of one day per month.

Sick Leave Cash Out. (A) Employees may cash in unused sick illness/injury leave days above an accumulation of sixty (60) days at a ratio of one full day's ’s monetary compensation for four (4) accumulated sick illness/injury leave days. At the employee's ’s option, he/she may they can cash-out their unused sick illness/injury leave days in January of the school year following any year in which more than a minimum of sixty (60) days of sick illness/injury leave is accrued and each January thereafter, at a rate equal to one day's ’s monetary compensation of the employee for each four (4) full days of accrued sick illness/injury leave. The employee's sick ’s illness/injury leave accumulation shall be reduced four (4) days for each day compensated. No employee may receive compensation under this section for sick a portion of leave for illness or injury accumulated at a rate in excess of one day per month.

Sick Leave Cash Out. (A) Employees may cash in unused sick leave days above an accumulation of sixty (60) days at a ratio of one (1) full day's monetary compensation for four (4) accumulated sick leave days. At the employee's option, he/she may cash-option they can cash out their unused sick leave days in January of the school year following any year in which more than a minimum of sixty (60) days of sick leave is accrued accrued, and each January thereafter, at a rate equal to one day's monetary compensation of the employee for each four (4) full days of accrued sick leave. The employee's sick leave accumulation shall be reduced four (4) days for each day compensated. No employee may receive compensation for sick leave accumulated in excess of one day per month.four