Annual Conversion. Once per fiscal year, an employee may elect to cash out annual leave in the amount of forty
Annual Conversion. Provided that RCW 28A.400.210 is valid and in effect, any employee who at the end of the calendar year shall have accumulated in excess of sixty (60) days of unused sick leave may elect to convert unused sick leave earned the previous year in excess of sixty (60) days to monetary compensation at the rate of 25% of the employee's per diem salary rate for each full day of eligible sick leave. Any such election shall be made by written notice to the District payroll officer during the month of January. Any such annual conversion of accumulated sick leave shall be subject to the terms and limitations of applicable regulations.
Annual Conversion. During December of each year, each employee may convert a portion of his/her accrued but unused Sick Leave to a cash payment subject to all of the following conditions:
Annual Conversion. Once per fiscal year, an employee may elect to cash out annual leave in the amount of forty (40) hours. The employee must have a minimum of one hundred sixty (160) hours to utilize this benefit.
Annual Conversion. The number of hours an Educational Support Professional may convert on an annual basis is determined by the balance of their accrued sick leave hours.
Annual Conversion. Any employee who at the end of the previous calendar year shall have 5 accumulated in excess of 60 days of unused sick leave, may convert unused sick leave earned 6 the previous year in excess of the said 60 days to monetary compensation at the rate of 25
Annual Conversion. The number of hours an employee may convert on an annual basis is determined by the balance of their accrued sick leave hours: • Employees who have an accrued sick leave balance of forty (40) days or more on September 1st may convert up to eight (8) days at their hourly rate of pay at the time the deposit is made to their Deferred Compensation Account. • Employees who have an accrued sick leave balance of sixty (60) days or more on September 1st may convert up to ten (10) days at their hourly rate of pay at the time the deposit is made to their Deferred Compensation Account.
Annual Conversion. Compensation for unused vacation days and when authorized pursuant to Section 20.2 of Article Twenty (20) and not to exceed forty (40) hours shall be paid only once a year and only after the approval of the Chief. If he has approved compensation for unused vacation days for employees under his jurisdiction, he shall submit a list of said employees, and the number of days of pay involved for each employee to the Township Fiscal Officer by December 15, of each year of this Agreement. Payments shall be made by the Township Fiscal Officer in the first pay period of January of the following year in a separate check outside of regular payroll.
Annual Conversion. An employee who has attained up to the maximum of 1,720 hours accrued sick leave shall be entitled to convert sick leave hours to cash at the rate of two sick leave hours for one hour of pay for accrued hours in excess of 1,600.
Annual Conversion. Each employee shall have two (2) holidays and the three (3) personal leave days (total five days or forty (40) hours) converted to cash at the end of each calendar year. The conversion shall occur during the period of December 15 to January 15;
