Xxxx Leave Reimbursement. 1. Employees using thirty-two (32) hours of sick leave, or less, during the fiscal year, shall have the option of converting twenty-five percent (25%) of their remaining yearly sick leave to vacation.
Xxxx Leave Reimbursement. (1) Employees shall have the option of converting 50% of their accumulated unused sick leave for the fiscal year to pay. In calculating the number of hours that could be converted to pay, all computations shall be rounded to the nearest whole hour and the fiscal year will beconsidered to start and end with the first pay period commencing in July of each year.
Xxxx Leave Reimbursement. (1) Employees who are unit employees on and before June 30, 1979, shall be entitled to sick leave reimbursement of 20.83% for up to 120 days (maximum 200 hours) of unused sick leave upon honorable separation. Unit employees covered by this paragraph (1) are not eligible for benefits under paragraph (2).
Xxxx Leave Reimbursement. Any teacher who has been employed in the District for fifteen (15) or more years as a teacher shall be reimbursed for all unused accumulated sick leave days not used for retirement that exceeds three-hundred-forty (340) days up to seventy-five (75) days of unused accumulated sick leave days in the amount of $20 per day. Such payment shall be made to the eligible teacher in a lump sum payment post-retirement, within two (2) weeks after the teacher’s final paycheck but not earlier than September 1. This post-retirement payment shall not be considered part of the teacher’s final salary and therefore shall not be considered TRS creditable earnings.
Xxxx Leave Reimbursement. Upon the retirement or death of an employee, the Board shall pay said employee for all unused sick days at the then per diem rate of said employee's salary at the time of retirement or death according to the chart below: 10 Month On or before July 1, 2009 July 2, 2009 – June 30, 2010 July 1, 2010 – June 30, 2011 July 1, 2011 – June 30, 2012 Employee 125 days 95 days 95 days 95 days 12 Month 155 days 115 days 115 days 115 days Employee Per diem is defined as 1/20 of the gross monthly salary at the then prevailing rate at the time of retirement or death. In the event of the death of an employee, said monies shall be made payable to his/her estate. Any employee of this bargaining unit that retires on or after July 1, 2012 shall be reimbursed for ninety-five (95) unused sick days. This shall apply to both ten (10) and twelve (12) month employees.
Xxxx Leave Reimbursement. (1) Employees shall be entitled to sick leave reimbursement as follows ::
Xxxx Leave Reimbursement. Xxxx leave reimbursement is payable upon voluntary retirement of a Capac employee. Voluntary retirement is defined as having ten (10) years of employment with the district. Those individual’s meeting this criteria shall receive reimbursement for each eight hours accumulates sick leave. Reimbursement shall be at the rate of 2.25 hours of current pay for each earned sick day. Individuals with $1,500.00 or more in accumulated unused sick leave pay shall have benefit deposited as a lump sum distribution to an approved Special Pay Plan as defined by IRS rules and regulations. The Capac District plans are managed by MidAmerica, Administrative and Retirement Solutions’, Inc. Plan detail is available at Central Office. Accumulated unused sick time of less than $1,500.00 will receive benefit through the district’s payroll.
Xxxx Leave Reimbursement. (1) Employees shall have the option of converting 25% of their accumulated unused sick leave for the calendar year to pay. In calculating the number of hours that could be converted to pay, all computations shall be rounded to the nearest whole hour Elections for annual cash out must be made by December 1 of the prior calendar year.
Xxxx Leave Reimbursement. All employees upon retirement with ten (10) years of service in Xxxxxxxx Township shall receive $44 per diem for each accumulated sick day not exceeding a maximum of 150 days ($6,600). The employee shall provide notification of retirement by November 1 of the school year in which he is retiring. Payment shall be made to the employee by July 15. If an employee is deceased, said amount shall be payable to his estate.
Xxxx Leave Reimbursement. Upon the retirement, termination or death of any employee, the Lodi Board of Education shall pay said employee for all unused sick days, up to a maximum of 190 days for ten (10) month employees and 240 days for twelve (12) month employees at the then per diem rate of said employee's salary at the time of retirement, termination or death. Per diem is defined as 1/20 of the gross monthly salary at the then prevailing rate at the time of retirement, termination or death. In the event of the death of an employee, said monies shall be made payable to his/her estate. Said monies may be paid by the Board Secretary in the month of July following the employees retirement, termination or death. Ten month employees who are employed by the Lodi School District for a period of less than 100 months, and twelve month employees who are employed by the Lodi School District for a period of less than 120 months, shall not be entitled to the above retirement, termination or death benefit.
