Common use of Sick Leave Incentive Plan Clause in Contracts

Sick Leave Incentive Plan. Effective April 1, 2002, the following provisions will apply for all employees regardless of date of hire whose next anniversary date occurs subsequent to March 31, 2002, as their sick leave bank accrues additional days: Employees shall be entitled to accumulate up to sixty (60) working days of sick leave during any one year, including the days earned or to be earned in the current year, regardless of date of hire. Effective January 1, 2016, an employee who has thirty (30) days in the bank at the beginning of his/her leave year and who uses a limited number of days (combination of sick leave, workers compensation, and disability) during the leave year, will receive a lump sum payment equivalent to a fixed number of days regular pay at the end of the leave year based upon the following formula: Total Time Lost Lump Sum Payment 1 days 5 days 0 days 6 days See attached side letter explaining implementation.

Sick Leave Incentive Plan. Effective April 1, 2002, the following provisions will apply for all employees regardless of date of hire whose next anniversary date occurs subsequent to March 31, 2002, as their sick leave bank accrues additional days: Employees shall be entitled to accumulate up to sixty (60) working days of sick leave during any one year, including the days earned or to be earned in the current year, regardless of date of hire. Effective January 1, 2016, an employee who has thirty (30) days in the bank at the beginning of his/her leave year and who uses a limited number of days (combination of sick leave, workers compensation, and disability) during the leave year, will receive a lump sum payment equivalent to a fixed number of days regular pay at the end of the leave year based upon the following formula: Total Time Lost Lump Sum Payment 2 days 4 days 1 days 5 days 0 days 6 days See attached side letter explaining implementation.