Unused Sick Pay. A teacher who retires from teaching in the Erie School District shall be paid for his/her unused accumulated sick days at the rate of $100.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the teacher shall be paid an amount of not less than $500. If the employee does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year. In the event of the death of the retiree, the balance of the amount due will be paid to the retiree’s beneficiary or estate each July in the same yearly amount being paid the retiree.
Unused Sick Pay. On a given day, not more than thirty (30) total bargaining unit members shall be absent on personal leave to protect the normal functioning of the district. Personal leave shall be granted on the basis of first requested. Personal leave requests that exceed thirty (30) on any given day may be granted at the discretion of the Superintendent or his/her designee.
Unused Sick Pay. All unused credit and accumulated sick pay shall be automatically canceled when an Employee's service with the Company terminates, provided, however, that, upon retirement in good standing from the Company by an Employee at age sixty (60) with a minimum of twelve (12) years of service with the Company, such Employee may trade his accumulated sick pay for medical coverage (as provided in Article Twenty-Six of this Agreement) at the rate of one (1) month's coverage for each twenty (20) hours of accrued sick pay.
Unused Sick Pay. Unused sick days shall be paid to the employees at eight (8) hours pay per day during the first (1st) pay period after December 31st of each year. Unused sick days shall be paid upon retirement. Provided two (2) weeks’ notice is given, those employees who resign will be paid their unused sick days.
Unused Sick Pay. 37-1. Effective September 1, 1992, teachers or other bargaining unit members who retire on reaching their sixty-fifth birthday shall receive unused sick days’ pay equivalent to eighty-five percent of their accumulated sick days. Effective July 1, 1999, teachers or other bargaining unit members who retire with at least 33.95 years of service shall receive unused sick days’ pay equivalent to one hundred percent of their accumulated sick days. Effective July 1, 2003, teachers or other bargaining unit members with twenty years of service, but with fewer than 33.95 years of service, who elect to retire, and who have forty or more unused sick days accumulated, shall receive unused sick days’ pay equivalent to ninety percent of their accumulated sick days.
Unused Sick Pay. A person who retires from the Erie School District shall be paid for his/her unused accumulated sick days at the rate of $100.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the person shall be paid an amount of not less than $1,000. This amount shall be deposited as a non- elective employer contribution to a 403(b) or 457 plan. If the employee does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year.
Unused Sick Pay. Any employee who retires, as defined by the Teachers Pension and Annuity (TPAF) Fund, will receive $125.00 per unused sick day, up to the first 200 days and $150 per unused sick day for the next 75 days. Maximum payout will be for 275 days. Any employee retiring on June 30th will have the option of a lump sum payment of any outstanding sick days to have 50% of the payment delayed to the following January 1st as long as all payments will be made as a post-retirement contribution to a 403b tax shelter annuity in accordance with IRS guidelines.
Unused Sick Pay. A person who retires from the Erie School District shall be paid for his/her unused accumulated sick days at the rate of $85.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the person shall be paid an amount of not less than $1,000. This amount will be included in the last pay check. If the employee does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year. The person shall have the option of being paid for unused accumulated sick days as follows: Age at retirement to be subtracted from age 65; this number of years will be divided into total amount due to be reimbursed to retiree for unused accumulated sick days. This amount will be paid to the retiree in July of the retirement year. In the event of the death of the retiree, the balance of the amount due will be paid to the retiree’s beneficiary or estate each July in the same yearly amount being paid the retiree. page two
Unused Sick Pay. A teacher who retires into PESERS as a “qualified retiree” shall be paid for his/her unused accumulated sick days at the rate of $100.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the teacher shall be paid an amount of not less than $500. For purposes of this Section, “qualified retiree” shall be defined as someone who meets the following criteria: • Any age with twenty-five (25) years of service in PSERS and at least ten(10) years of service with the Erie School District; or • Age sixty-two (62) with at least ten (10) years of service in the Erie School District. If the employee does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year. In the event of the death of the retiree, the balance of the amount due will be paid to the retiree’s beneficiary or estate each July in the same yearly amount being paid the retiree.
Unused Sick Pay. All employees shall accrue sick pay up to a maximum of thirty-five (35) days.
