Accumulated Sick Leave Pay Sample Clauses

Accumulated Sick Leave Pay. 12.071 Number of Days Accumulated A teacher in the District who officially retires with STRS from active service with this district and who has ten
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Accumulated Sick Leave Pay. 23.1 The Board shall grant any certificated/licensed staff member who elects to receive retirement from the Ohio State Teachers Retirement System severance payments equal to thirty percent (30%) up to 300 days of accumulated sick leave not to exceed 90 days (30% of 300_90), provided such certificated/licensed staff member has been continuously employed by Union Local for nine (9) years. Severance payments will be paid in July following retirement, after the certificated/licensed staff member presents his or her first retirement check to the school board's treasurer. This provision will not apply to any certificated/licensed staff member who retires prior to January 31. Any certificated/licensed staff member who meets the above requirements and who has accumulated thirty- five (35) years of service, with twenty-five (25) of those years being with the Union Local School District, shall receive severance payments equal to forty percent (40%) up to 300 days of accumulated sick leave not to exceed one hundred 120 days (40% of 300=120).
Sample 1Sample 2
Accumulated Sick Leave Pay. At the time of retirement, a teacher who has excess sick-leave days accumulated and not used for retirement purposes shall be compensated at the rate of forty dollars ($40.00) a day for up to a maximum of fifty (50) days. The Board will deduct for each teacher a sum equal to the percentage required by the State of Illinois Teachers’ Retirement System (TRS) to be applied for the retirement account of such teacher, if the teacher has not met the six percent (6%) maximum. Each teacher will also have deducted from the above figure the State of Illinois rate for Teachers’ Health Insurance System (THIS) contribution.
Sample 1

Related to Accumulated Sick Leave Pay

  • Accumulated Sick Leave ‌ The Employer shall inform all employees at least once each year of the number of sick days accumulated and shall make the information available to an employee on request.

  • Sick Leave Pay A Nurse granted sick leave shall be paid for the period of such leave at her or his regular hourly rate of pay and the number of hours thus paid shall be deducted from the accumulated sick leave credits of the Nurse.

  • Sick Leave Payout No cash payment for unused sick leave will be paid to any employee leaving the service of the Employer.

  • Sick Leave Payment (a) The District shall for all Regular Full-time and Regular Part-time employees who have completed three (3) months continuous employment, subject to the conditions as set forth herein:

  • Sick Leave Payoff Employee with accrued, unused sick leave may, at the time of separation, select one of the following options for reimbursement:

  • Accrued Sick Leave The Board shall provide all employees with a cumulative record 23 of accrued sick leave hours on each pay statement.

  • Sick Leave Accrual Full-time employees will accrue eight (8) hours of sick leave in a calendar month. Part- time employees will accrue sick leave credit on the same proportional basis that their employment schedule bears to a full-time schedule, up to a maximum of eight (8) hours in a calendar month.

Time is Money Join Law Insider Premium to draft better contracts faster.