Common use of Sick Leave Incentive Pay Clause in Contracts

Sick Leave Incentive Pay. A. Employees using 36 hours of sick leave or less during the 26 complete pay periods most closely coinciding with the beginning and end of the fiscal year and having a minimum total accumulation of 160 hours, may sell for cash the excess over 160 hours of unfrozen sick leave accumulation to a maximum established according to the following schedule: Only the hours sold back to the City shall be deducted from the employee's accrued balance of sick leave. B. Payment will be made during the month of August each year. Pay will be computed based on the employee's salary step on June 30 of the preceding fiscal year. (The Finance Department shall issue eligibility notices to qualified employees at the end of each fiscal year.) Written request must be submitted to the Finance Office within ten (10) working days of issuance of the notice. Sick leave incentive payments will be incorporated into the normal payroll. C. In lieu of sick leave incentive pay, the employee may elect to retain sick leave credits to the 400- hour maximum to supplement pay for long term disability leave, up to the maximum set in chapter 18 (3) of this MOU. D. Permanent employees who retire during the fiscal year will be compensated on a pro-rated basis subject to their formal retirement date. E. Subject to the approval of his/her department head, the employee may elect to receive additional vacation credits in lieu of all or part of the sick leave incentive pay. This election must be indicated in writing and submitted to the Finance Office with department head's signature within ten working days of issuance of the notice from Finance. This election may not be reversed at a later date.

Appears in 3 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Sick Leave Incentive Pay. A. Employees using 36 hours of sick leave or less during the 26 complete pay periods most closely coinciding with the beginning and end of the fiscal year and having a minimum total accumulation of 160 hours, may sell for cash the excess over 160 hours of unfrozen sick leave accumulation to a maximum established according to the following schedule: Only the hours sold back to the City shall be deducted from the employee's accrued balance of sick leave. B. A. Payment will be made during the month of August each year. Pay will be computed based on the employee's salary step on June 30 of the preceding fiscal year. (The Finance Department shall issue eligibility notices to qualified employees at the end of each fiscal year.) Written request must be submitted to the Finance Office within ten (10) working days of issuance of the notice. Sick leave incentive payments will be incorporated into the normal payroll. C. B. In lieu of sick leave incentive pay, the employee may elect to retain sick leave credits to the 400- 360- hour maximum to supplement pay for long term disability leave, up to the maximum set in chapter 18 (3) of this MOU. D. C. Permanent employees who retire during the fiscal year will be compensated on a pro-rated basis subject to their formal retirement date. E. D. Subject to the approval of his/her department head, the employee may elect to receive additional vacation credits in lieu of all or part of the sick leave incentive pay. This election must be indicated in writing and submitted to the Finance Office with department head's signature within ten working days of issuance of the notice from Finance. This election may not be reversed at a later date.

Appears in 1 contract

Sources: Memorandum of Understanding

Sick Leave Incentive Pay. A. Employees using 36 hours of sick leave or less during the 26 complete pay periods most closely coinciding with the beginning and end of the fiscal year and having a minimum total accumulation of 160 hours, may sell for cash the excess over 160 hours of unfrozen sick leave accumulation to a maximum established according to the following schedule: Only the hours sold back to the City shall be deducted from the employee's accrued balance of sick leave. B. Payment will be made during the month of August each year. Pay will be computed based on the employee's salary step on June 30 of the preceding fiscal year. (The Finance Department shall issue eligibility notices to qualified employees at the end of each fiscal year.) Written request must be submitted to the Finance Office within ten (10) working days of issuance of the notice. Sick leave incentive payments will be incorporated into the normal payroll. C. In lieu of sick leave incentive pay, the employee may elect to retain sick leave credits to the 400- 360- hour maximum to supplement pay for long term disability leave, up to the maximum set in chapter 18 (3) of this MOU. D. Permanent employees who retire during the fiscal year will be compensated on a pro-rated basis subject to their formal retirement date. E. Subject to the approval of his/her department head, the employee may elect to receive additional vacation credits in lieu of all or part of the sick leave incentive pay. This election must be indicated in writing and submitted to the Finance Office with department head's signature within ten working days of issuance of the notice from Finance. This election may not be reversed at a later date.

Appears in 1 contract

Sources: Memorandum of Understanding