YEARLY SICK TIME BUYOUT Sample Clauses

YEARLY SICK TIME BUYOUT. At the end of each contract year, an employee may opt to apply for and receive cash payment for sick days credited and not used during the current year. Payment may be made in the amount of one day’s pay for every three days credited and not used to a maximum of five days. At the time of purchase, the remaining sick days not bought out will be carried over and credited to the employee. Employees having used six days for sick leave or less out of fifteen sick days credited per current year qualify for participation. During an employee’s first calendar year of employment, credited sick days and eligibility for buyout will be on a pro-rata basis. Eligible employees applying for sick time buyout will do so by December 30 each current year by signing an authorization card provided by the County. Payment will be made in the third payroll period of the succeeding year.
Sample 1
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Related to YEARLY SICK TIME BUYOUT

  • Sick Time An employee shall have all of his/her accrued sick leave credits transferred when the employee is transferred to a different State agency.

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  • Travel time allowance All employees shall be paid an allowance (See Appendix A) for each day on which they present themselves for work. The allowance shall also be paid for rostered days off.

  • Lunch Time The “duty free” lunch time for assistants will be the same length as the building lunch time for students provided that the lunch is no less than thirty (30) minutes in length.

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