Common use of Sick Leave Conversion Program Clause in Contracts

Sick Leave Conversion Program. A portion of the balance of an employee’s accumulated sick leave shall be paid to the employee who terminates employment in good standing after 10 or more years of continuous service with the City, or his beneficiary in the event of death while a regular employee of the City. Sick leave shall be converted for payment in the following manner: Two and one-half percent (2 ½ %) x (times) each full year of employee's continuous years of service x (times) the employee's sick leave accumulation.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Sick Leave Conversion Program. A portion of the balance of an employee’s accumulated sick leave shall be paid to the employee who terminates employment in good standing after 10 or more years of continuous service with the Cityservice, or his to the employee’s beneficiary in the event of death while a regular employee of with the City. Sick leave shall be converted for payment in the following manner: Two and one-half percent (2 ½ %) x (times) each full year of employee's continuous years of service x (times) the employee's sick leave accumulation.:

Appears in 1 contract

Sources: Collective Bargaining Agreement