Common use of Unused Accumulated Sick Leave Clause in Contracts

Unused Accumulated Sick Leave. Administrators who retire in accordance with the provisions of Section A of this Article shall receive the current teacher substitute daily rate plus an additional one dollar ($1) per day for each unused sick day for each year the administrator has been under the contract as an administrator with the Garden City Public Schools. It is mutually agreed that the language in Article XXXX, Xxxxxxx X,0 of the contract is to be interpreted as meaning that an administrator who retires under the provisions of Section A shall receive the current teacher substitute daily rate per each unused sick day plus one dollar ($1) per day times the number of sick days for each year an administrator has been under administrative contract. Sample computation 100 sick days 100 X $75.00 =$7,500.00 10 years as an administrator 10 years X $1.00=$10.00 X 100 sick days =$1,000.00 Total Retirement Benefit =$8,500.00 OR

Appears in 4 contracts

Samples: 2018 2020 Contract Agreement, 2003 2010 Contract Agreement, 2011 2013 Contract Agreement

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Unused Accumulated Sick Leave. Administrators who retire in accordance with the provisions of Section A of this Article shall receive the current teacher substitute daily rate plus an additional one dollar ($1) per day for each unused sick day for each year the administrator has been under the contract as an administrator with the Garden City Public Schools. It is mutually agreed that the language in Article XXXX12, Xxxxxxx X,0 Section B,1 of the contract is to be interpreted as meaning that an administrator who retires under the provisions of Section A shall receive the current teacher substitute daily rate per each unused sick day plus one dollar ($1) per day times the number of sick days for each year an administrator has been under administrative contract. Sample computation 100 sick days 100 X $75.00 =$7,500.00 10 years as an administrator 10 years X $1.00=$10.00 X 100 sick days =$1,000.00 Total Retirement Benefit =$8,500.00 OR

Appears in 1 contract

Samples: 2022 2023 Contract Agreement

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