Conversion at Retirement Employees Hired After January 1, 2013 Sample Clauses

Conversion at Retirement Employees Hired After January 1, 2013. Upon retirement 2 from the Xxxxxx County Sheriff’s Office, any employee hired after January 1, 2013, who has not 3 less ten (10) years continuous employment with the Employer, and qualifies for retirement 4 benefits from a State of Ohio Retirement System, and retires, shall be entitled to convert unused 5 sick leave, as certified by the Sheriff’s office, to cash and be paid at the current hourly rate for all 6 unused time in accordance with the following schedule: 7 8 Percentage Maximum
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Conversion at Retirement Employees Hired After January 1, 2013. Upon retirement from the Xxxxxx County Sheriff’s Office, any employee hired after January 1, 2013, who has not less than ten (10) years continuous employment with the Employer, and qualifies for retirement benefits from a State of Ohio Retirement System and retires, shall be entitled to convert unused sick leave, as certified by the Sheriff’s office, to cash and be paid at the current hourly rate for all unused time in accordance with the following schedule: Years of Service Percentage of Accrued Sick Maximum Paid Hours 10 years of public service 25% 240 10 years of Xxxxxx County service 33% 360 15 years of Xxxxxx County service 50% 480 20 years of Xxxxxx County service 50% 720 25 years of Xxxxxx County service 50% 960 Payment for sick leave conversion shall eliminate all accrued sick leave credit. Such payment shall be made only once to any employee.
Conversion at Retirement Employees Hired After January 1, 2013. Upon retirement from the Medina County Sheriff’s Office, any employee hired after January 1, 2013, who has not less than ten (10) years continuous employment with the Employer, and qualifies for retirement benefits from a State of Ohio Retirement System and retires, shall be entitled to convert unused sick leave, as certified by the Sheriff’s office, to cash and be paid at the current hourly rate for all unused time in accordance with the following schedule: Years of Service Percentage of Accrued Sick Maximum Paid Hours 10 years of public service 25% 240 10 years of Medina County service 33% 360 15 years of Medina County service 50% 480 20 years of Medina County service 50% 720 25 years of Medina County service 50% 960 Payment for sick leave conversion shall eliminate all accrued sick leave credit. Such payment shall be made only once to any employee.

Related to Conversion at Retirement Employees Hired After January 1, 2013

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Overtime-Eligible Employees Unpaid Meal Periods The Employer and the Union agree to unpaid meal periods that vary from and supersede the unpaid meal period requirements required by WAC 000-000-000. Unpaid meal periods for employees working more than five (5) consecutive hours, if entitled, will be a minimum of thirty (30) minutes and will be scheduled as close to the middle of the work shift as possible, taking into account the Employer’s work requirements and the employee’s wishes. Employees working three (3) or more hours longer than a normal workday will be allowed an additional thirty (30) minute unpaid meal period. When an employee’s unpaid meal period is interrupted by work duties, the employee will be allowed to resume their unpaid meal period following the interruption, if possible, to complete the unpaid meal period. In the event an employee is unable to complete the unpaid meal period due to operational necessity, the employee will be entitled to compensation, which will be computed based on the actual number of minutes worked within the unpaid meal period. Meal periods may not be used for late arrival or early departure from work and meal and rest periods will not be combined.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Pre-Retirement Leave An employee scheduled to retire and to receive a superannuation allowance under the applicable Superannuation Act(s), or who has reached the mandatory retiring age, shall be entitled to:

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