Conversion at Retirement. For each employee who separates from County Service on regular, non-disability retirement shall convert one hundred percent (100%) of unused sick leave remaining to each employee’s credit at the time of retirement to retirement service credit as provided by Government Code Section 31641.03,
Conversion at Retirement. Effective July 1, 2010, nurses who retire in good 7 standing at age 65 with at least ten years of continuous service immediately preceding 8 their retirement date or at age 60 with at least 15 years of continuous service 9 immediately preceding their retirement date will be eligible to use a percentage of their 10 banked EIH hours to purchase a Medicare supplement to the extent permitted by law or 11 COBRA continuation coverage under any health plan other than a health flexible 12 spending account according to the benefit table below. Otherwise, EIH benefits are not 13 eligible for conversion or cash-out and are recognized instead as a form of insurance 14 available to eligible employees during their term of employment at MCMC. Years of Service Percentage of EIH hours available 10 years 20% 15 years 30% 20 years 40% 25 years or more 50%
Conversion at Retirement. Employees with ten (10) years of accrued service shall be entitled to convert up to nine hundred sixty (960) hours of their accrued ESL at PERS or PFDPF approved retirement on a 1 to 4 basis for a total payout not to exceed two hundred forty (240) hours.
Conversion at Retirement. Employees retiring from the City and retire under 25 Public Employees Retirement System shall receive payment for accrued but unused sick leave on 26 the basis of one (1) day’s (8 hours) pay for each four (4) days (32 hours) of accrued sick leave, 27 not to exceed four hundred and eighty (480) hours of pay. Conversion under this provision 28 eliminates all sick leave from the employee’s balance.
Conversion at Retirement. Upon the retirement under the appropriate State of Ohio Retirement System of a full-time employee who has not less than ten (10) years of continuous service with the Employer, such employee shall be entitled to receive a cash payment equal to his daily rate of pay at the time of retirement multiplied by thirty-five percent (35%) of the total number of accumulated but unused paid sick days earned by the employee as certified by the Finance Director, providing that such resulting number of days to be paid shall not exceed sixty five (65). Such payment shall eliminate all accrued but unused sick leave credit.
Conversion at Retirement. Employees who separate from active service with the City because of retirement under a State Retirement system from City employment, and who have ten
Conversion at Retirement. Upon simultaneous retirement from the City and from CalPERS, employees shall have the option of applying unused sick leave to their CalPERS account up to the limits set by XxxXXXX. The conversion rate will be at the employee’s pay rate at the time of retirement.
Conversion at Retirement. Upon retirement under Indiana Public Retirement System (INPRS) provisions for an unreduced benefit, any unused accumulated sick days, up to one hundred (100), shall be paid at fifty dollars ($50) per day as a contribution to the teacher’s 403(b) account. Of this amount, two thousand dollars ($2,000), shall be timely reported by the Board to the INPRS on behalf of the retiring teacher.
Conversion at Retirement. Upon retirement or separation from the city of 13 Bucyrus, an employee may elect to have compensation from the payment of unused vacation or 14 sick leave rolled into their deferred compensation account. All rules, requirements, and 15 conditions of deferred compensation accounts apply here.
Conversion at Retirement. An employee who retires with ten (10) or more years of full-time service with the Employer may elect to be paid cash for one-fourth of the value of the employee’s accrued but unused sick leave at the current rate of pay, but the aggregate value of accrued but unused sick leave credit that is paid shall not exceed, for all payments, the value of thirty days of accrued but unused sick leave.
