Unused Sick Leave definition

Unused Sick Leave. On January 1 of each year, employees may roll over up to three days of unused sick leave to personal leave when the following conditions are met: a) the employee has used less than six days of sick leave in the prior year, and b) the employee has a minimum of 40 sick days accrued.
Unused Sick Leave means sick leave earned by the Member prior to the Effective Retirement Date for which the Member has received neither sick pay during employment with the Employer nor payment following termination of employment and which is not transferred to another Virginia school district pursuant to applicable provisions of the Virginia Code and regulations of the Employer. Unused Sick Leave shall be converted to Credited Service for all Members who have at least five years of Vesting Service at the time they terminate their employment with the Employer. Unused Sick Leave shall not be counted as Credited Service for the purpose of determining whether a Member is eligible to retire, but only for the purpose of increasing the amount of the Member's benefit. The amount of service that will be credited will be calculated pursuant to uniform and nondiscriminatory regulations established by the Trustees. Members who have fewer than five years of Vesting Service when they terminate their employment will not be eligible for conversion of their Unused Sick Leave.
Unused Sick Leave means sick leave earned by the Member prior to the Effective Retirement Date for which the Member has received neither sick pay during employment with the Employer nor payment following termination of employment and which is not transferred to another Virginia school district pursuant to applicable provisions of the Virginia Code and regulations of the

Examples of Unused Sick Leave in a sentence

  • Unused Sick Leave is canceled upon termination of employment, without compensation to the employee.

  • Credit for Unused Sick Leave as provided in Section 20965 (June 26, 1988).

  • Out of Unused Sick Leave Credits‌ Upon retirement or voluntary leave from the workforce as defined in Article 43, Severance Allowance, regular full-time and regular part-time employees shall be paid in cash an amount equivalent to forty percent (40%) of unused sick leave credits calculated at the employee’s rate of pay at retirement.

  • Unused Sick Leave shall be converted into CalPERS Service Credit.

  • The City shall provide the CalPERS 2% @ 60 retirement plan for employees hired on or after July 1, 2011 or upon effective date of CalPERS contract amendment including CalPERS Section 20862.8 - Credit for Unused Sick Leave.

  • Upon retiring with PERS, all employees shall be eligible for the PERS Credit for Unused Sick Leave provision (20965) of the City’s PERS Retirement plan.

  • If eligible for payment, one half of the Current Sick Leave Balance remaining after current year usage will be moved to the Unused Sick Leave Balance account and paid as defined above.

  • The County contracted with the California Public Employees Retirement System (CalPERS) to provide Section 20965 Credit for Unused Sick Leave Benefit for employees in the Miscellaneous Retirement group.

  • Miscellaneous Loading Factors Credit for Unused Sick LeaveTotal years of service is increased by 1 percent for those plans that have accepted the provision providing Credit for Unused Sick Leave.

  • Special Note: Unused Sick Leave is converted to retirement credit in accordance with CalPERS Operating Practices in effect at time of retirement.SEC.


More Definitions of Unused Sick Leave

Unused Sick Leave. The District shall contribute $10 for each hour of unused sick leave accumulated over the 130 day maximum as of June 30 each year, up to $900, for any full-time, active employee to a PRHCSP administered by MSRS.
Unused Sick Leave. All employees who have reached the maximum allotment of one hundred twenty (120) sick days by December 31, 1997 and every December 31 thereafter shall be compensated thirty percent (30%) of any sick days accumulated over one hundred twenty (120). This compensation shall be paid out in one check on or about January 1 of the following year at the previous year’s rate. article xi - bereavement leave
Unused Sick Leave. Any teacher who is retiring shall receive two thirds (2/3) of the current substitute teacher pay per day for all unused sick leave up to one hundred (100) days. This would be paid as one cash payment at the official date of retirement.

Related to Unused Sick Leave

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.

  • Current Sick Leave means those days of sick leave for the current contract year, which leave is granted at the rate of one day of sick leave per month worked, or major part thereof.

  • Sick Leave means the period of time an employee is absent from work with or without pay, by virtue of sickness, quarantine, or accident, or out-of-town medical/dental referrals for which compensation is not payable under the Worker's Compensation Act.

  • Vacation means annual vacation with pay.

  • Paid leave means time away from work by an employee for which the employee receives compensation, and is limited to sick time, vacation time, compensatory time and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these same purposes. "Paid leave" does not include paid short-term or long-term disability, catastrophic leave or similar types of benefits.[PL 2005, c. 455, §1 (NEW).]

  • Unused Portion has the meaning assigned to that term in Section 2.09(a).

  • Unused means the Insured’s financial Loss of any whole, partial or prorated prepaid nonrefundable components of a Trip that are not depleted or exhausted, including award travel expenses.

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • Unused Line Fee has the meaning specified in Section 2.5.

  • Accumulated leave means the period of time that is accumulated under the Plan as leave during a work period.

  • Bereavement Leave means "a leave of absence granted to an employee upon a death occurring in the employee's Immediate Family.”

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d). [Signature page follows.]

  • leave means authorized absence from duty by an employee during his or her regular or normal hours of work;

  • Annual leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • Unused Fee Rate means a rate per annum equal to 0.50%.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Weeks pay means the ordinary time rate of pay for the employee concerned.

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Occupation Date means the date upon which occupation of the Unit is tendered to the Purchaser, provided that such date shall not be prior to the issuing of the Occupancy Certificate for the Section by the relevant Authority and provided that such date shall not be prior the date the electricity is to be connected to the Section and subject to compliance of the provisions of clause 9.1 to the satisfaction of the Seller;

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Approved Leave of Absence means a leave of absence that has been approved by the applicable Participating Company in such a manner as the Board may determine from time to time.

  • Weeks Pay' means the ordinary time rate of pay for the employee concerned: