Common use of Sick Leave Payout Clause in Contracts

Sick Leave Payout. Upon leaving City service, or upon the death of an employee, he or his beneficiary shall be paid for his accumulated sick leave based upon the following schedule: After 5 years of service – 50% sick leave payout no minimum After 10 years of service – 55% sick leave payout no minimum After 15 years of service – 65% sick leave payout or 100% up to 825 hours whichever is greater After 25 years of service – 70% sick leave payout or 100% up to 825 hours whichever is greater Upon the death of an employee, his beneficiary shall be paid for his accumulated sick leave up to a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of his death or fifty percent (50%) of his total balance, whichever is greater.

Sick Leave Payout. Upon leaving City service, or upon the death of an employee, he the employee or his the employee’s beneficiary shall be paid for his or her accumulated sick leave based upon the following schedule: After 5 years of service – 50% sick leave payout no minimum After 10 years of service – 55% sick leave payout no minimum After 15 years of service – 65% sick leave payout or 100% up to 825 hours whichever is greater After 25 years of service – 70% sick leave payout or 100% up to 825 hours whichever is greater Upon the death of an employee, his beneficiary shall be paid for his accumulated sick leave up to a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of his death or fifty percent (50%) of his total balance, whichever is greater.

Sick Leave Payout. Upon leaving City service, or upon the death of an employee, he or his beneficiary shall be paid for his accumulated sick leave based upon the following schedule: After 0-5 years of service – 0% sick leave payout 6-10 years 50% sick leave payout no minimum After 10 11-15 years of service – 55% sick leave payout no minimum After 15 16-25 years of service – 65% sick leave payout or 100% up to 825 hours whichever is greater After 25 26+ years of service – 70% sick leave payout or 100% up to 825 hours whichever is greater Upon the death of an employee, his beneficiary shall be paid for his accumulated sick leave up to a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of his death or fifty percent (50%) of his total balance, whichever is greater.

Sick Leave Payout. Upon leaving City service, or upon the death of an employee, he the employee or his the employee’s beneficiary shall be paid for his the employee’s accumulated sick leave based upon the following schedule: After 5 years of service – 50% sick leave payout no minimum After 10 years of service – 55% sick leave payout no minimum After 15 years of service – 65% sick leave payout or 100% up to 825 hours whichever is greater After 25 years of service – 70% sick leave payout or 100% up to 825 hours whichever is greater Upon the death of an employee, his beneficiary shall be paid for his accumulated sick leave up to a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of his death or fifty percent (50%) of his total balance, whichever is greater.

Sick Leave Payout. Upon leaving City service, or upon the death of an employee, the employee or the employee’s he or his beneficiary shall be paid for his or her accumulated sick leave based upon the following schedule: After 5 years of service – 50% sick leave payout no minimum After 10 years of service – 55% sick leave payout no minimum After 15 years of service – 65% sick leave payout or 100% up to 825 hours whichever is greater After 25 years of service – 70% sick leave payout or 100% up to 825 hours whichever is greater Upon the death of an employee, his beneficiary shall be paid for his accumulated sick leave up to a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of his death or fifty percent (50%) of his total balance, whichever is greater.

Sick Leave Payout. Upon leaving City service, or upon the death of an employee, he or his beneficiary employee shall be paid for his accumulated sick leave based upon the following schedule: After 5 years of service – 50% sick leave payout no minimum After 10 years of service – 55% sick leave payout no minimum After 15 years of service – 65% sick leave payout or 100% up to 825 a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of separation or fifty percent (50%) of his total balance, whichever is greater After 25 years of service – 70% sick leave payout or 100% up to 825 hours whichever is greater greater. Upon the death of an employee, his beneficiary shall be paid for his accumulated sick leave up to a maximum of eight hundred twenty-five (825) hours pay at the regular rate of pay of the employee at the time of his death or fifty percent (50%) of his total balance, whichever is greater.