SICK LEAVE INCOME. Sick leave benefits are granted to eligible employees who are absent due to illness or an accident which occurred outside the work place.
SICK LEAVE INCOME. Accrued, unused sick leave shall be forfeited at the time of separation or termination of employment, unless an officer has accumulated a minimum of 720 hours of unused sick leave, has or will have as of the effective date of retirement at least 20 years of service, has given the Village irrevocable written notice to retire at least ninety (90) days prior to the effective date of the effective date of retirement, and has an approved pension from the Village of Schaumburg Police Pension Fund, the employee shall upon retirement be paid for thirty-three and one-third percent (33 1/3%) of all accrued sick leave hours at their regular salary. In the event of the death of an active employee who has accumulated at least 720 hours of unused sick leave and who has at least 20 years of service as of the date of death, a lump sum payout for thirty-three and one- third percent (33 1/3%) of all accrued hours will be paid to the employee’s estate. Accrued, unused sick leave shall be forfeited at the time of separation or termination of employment, unless an officer has accumulated a minimum of 800 hours of unused sick leave as set forth below, has or will have as of the effective date of retirement at least 25 years of service, has given the Village irrevocable written notice to retire at least ninety (90) days prior to the effective date of the effective date of retirement, and has an approved pension from the Village of Schaumburg Police Pension Fund. An employee who meets all these eligibility requirements shall upon retirement be paid for 50% of all accrued hours. In the event of the death of an active employee who has accumulated the required minimum number of hours of unused sick leave and who has at least 25 years of service as of the date of death, a lump sum payout for fifty percent (50%) of all accrued hours will be paid to the employee’s estate. Notwithstanding the foregoing irrevocable notice provisions, the Village Manager may permit an employee to withdraw an irrevocable notice to retire based on substantially changed circumstances arising after the employee submitted his/her irrevocable notice to retire. Moreover, the 90 day notice period as specified above may be reduced upon request by the employee with review and recommendation from the Chief of Police, if the Village Manager determines it to be in the best interest of the Village. Denial of such requests shall not be arbitrary and capricious. The amount attributable to unused sick leave in accordance ...
