Unlimited accumulation of sick days Sample Clauses

Unlimited accumulation of sick days. Any employee retiring from the District in accordance with the State of Michigan Retirement Program with at least ten (10) years of service to the district who was hired prior to July 1, 1997, shall be compensated at fifty percent (50%) of her/his current daily rate of pay for each accumulated day of unused sick leave up to a maximum of ninety (90) days. Employees hired after July 1, 1997, shall be compensated at fifty percent (50%) of his/her current daily rate of pay over each accumulated day of unused sick leave up to a maximum of $1,000. Sick Leave may be used for the following purposes:
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs

Related to Unlimited accumulation of sick days

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

  • Maximum Accumulation Maximum accumulation amounts apply only to the amount of annual leave that may be carried over from one leave year to the next, and do not limit accumulated leave balances during the leave year.

  • Sick Leave Accumulation a. All unused days of sick leave at full pay for all employees, shall accumulate to a maximum of two hundred ten (210) days. Such sick leave benefits so accrued will be usable after the annual full days allowed, and prior to any half pay benefits.

  • Notification of Accumulation Employees shall be given a written accounting of accumulated sick leave days no later than June 30 of each school year.

  • Notification of Sick Leave Days The Board shall notify employees and the Bargaining Unit, when they have exhausted their 11 days allocation of sick leave at 100% of salary.

  • Accumulation Vacation time shall be earned and accumulated on a monthly basis in accordance with the following schedules:

  • Accumulation of Leave ESL is cumulative to a maximum of thirty (30) working days (240 hours), after which time no additional leave may be earned until the leave balance is reduced through use of leave hours. An employee cannot have more than 240 hours of ESL credit in the bank at any time. The maximum ESL balance shall be pro-rated for employees who regularly work less than forty (40) hours per week.

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

Time is Money Join Law Insider Premium to draft better contracts faster.