Terminal Pay. A. The City shall pay to each employee upon retirement from the service of the City, a sum of money which shall be paid at the percentage which is in accordance with the following schedule: Number of Unused Sick Days Percentage Paid Out 0 through 188.5 100% of all days earned The payment for an employee shall be at the employee’s 40 hour daily rate listed in Appendix A, provided the employee meets one of the following conditions:
Appears in 4 contracts
Samples: dam.assets.ohio.gov, Article 1 Agreement, Article 1 Agreement
Terminal Pay. A. 28.1 The City shall pay to each employee bargaining unit member, upon retirement from the service of the City, a sum of money which shall be paid at the percentage which is in accordance with the following schedule: Number of Unused Sick Days Hours Percentage Paid Out 0 through 188.5 1500 (hired prior to 1-1-20) 100% of all days hours earned 0 through 1000 (hired after 1-1-20) 100% of all hours earned The payment pay-out for an employee a member shall be at the employee’s 40 hour daily same rate listed in Appendix Aas base wage as defined herein, at the rate of his most recent classification, provided the employee meets one of the following conditions:
Appears in 1 contract
Samples: Collective Bargaining Agreement
