Conversion of Sick Leave Upon Retirement or Death Sample Clauses

Conversion of Sick Leave Upon Retirement or Death. Any employee who hereafter shall retire or who shall die while employed by the District may elect (personally or by his/her personal representative, as appropriate) to convert accumulated, unused sick leave days to monetary compensation at the rate of 25% of the employee's full-time daily rate of compensation at the time of termination from employment for each full day of eligible sick leave. Any such conversion of sick leave upon retirement or death shall be subject to the terms and limitations of law.
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Conversion of Sick Leave Upon Retirement or Death. Each person who is employed by the Employer and who subsequently terminates employment due to retirement or death may personally or through his/her estate in the event of death, elect to convert all eligible, accumulated, unused sick leave days to monetary compensation.
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Conversion of Sick Leave Upon Retirement or Death. At the time of separation from employment by the Xxxxxx School District due to retirement or death, an eligible employee or the employee's estate may elect to convert accumulated, unused sick leave days to monetary compensation at a rate equal to one day's current monetary compensation of the employee for each four full days' accrued leave for illness or injury.
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Conversion of Sick Leave Upon Retirement or Death. Any employee who shall retire or who shall die while employed by the District may elect (personally or by his/her personal representative, as appropriate) to convert accumulated unused sick leave days to monetary compensation at the rate of 25 percent of the employee's full-time daily rate of compensation at the time of termination from employment for each full day of eligible sick leave, up to a maximum of 180 days. In addition, an employee shall inform the District on or before April 1 of his/her intent to retire. An employee separating from employment for purposes of retirement must be eligible to immediately commence receiving retirement benefits from a state retirement system to be eligible for conversion of sick leave for compensation. Any such conversion of sick leave upon retirement or death shall be subject to the terms and limitations of Washington Administrative Code.
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Conversion of Sick Leave Upon Retirement or Death. Any employee who, on or after June 12, 1980, shall retire or who shall die while employed by the District may elect (personally or by his/her personal representative, as appropriate) to convert accumulated unused sick leave days to monetary compensation at the rate of 25 percent of the employees full-time daily rate of compensation at the time of termination from employment for each full day (8 hours) of eligible sick leave, up to a maximum of 180 days (1440 hours). An employee separating from employment for the purposes of retirement must be eligible to immediately commence receiving retirement benefits from a State retirement system to be eligible for conversion of sick leave for compensation. Any such conversion of sick leave upon retirement or death shall be subject to the terms and limitations of Washington Administrative Code. WAC 000-000-000 VEBA III will be an available option for retirees, consistent with state and program guidelines.
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Conversion of Sick Leave Upon Retirement or Death. 24 Any employee who shall retire or die while employed by the District may elect (personally or 25 by the employees’ personal representative, as appropriate) to convert accumulated unused sick 26 leave days to monetary compensation at the rate of twenty-five percent (25%) of the 27 employee’s full time daily rate of compensation at the time of termination from employment 28 for each full day of eligible sick leave. Any such conversion of sick leave upon retirement or 29 death shall be subject to the terms and limitations of state statute and regulation. 32 Up to five (5) days bereavement leave per occurrence with pay will be authorized by the District in the 33 event of the death of any member of the immediate family. The immediate family includes mother, 34 mother-in-law, grandmother, sister, sister-in-law, daughter, daughter-in-law, aunt, niece, father, father- 35 in-law, grandfather, brother, brother-in-law, son, son-in-law, uncle, nephew, spouse, legally registered 36 domestic partner, step-parent, step-sibling, step-child, grandchild, xxxxxx child or any relative living in 37 the same household. 38 39 Additional bereavement leave may be granted to employees for other members of the extended family 40 at the discretion of the superintendent’s office. 41 42 Bereavement leave will be charged in one-half (½) or full day increments.
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Conversion of Sick Leave Upon Retirement or Death. 24 Any employee who shall retire or who dies while employed by the District may elect 25 (personally or by his/her personal representative, as appropriate) to convert accumulated 26 unused sick leave days to monetary compensation at the rate of twenty-five (25) percent of the 27 employee's full-time daily rate of compensation at the time of termination from employment for 28 each full day of eligible sick leave. Any such conversion of sick leave upon retirement or death 29 shall be subject to the terms and limitations of state statute and regulation as now or hereafter 30 amended.
Sample 1
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Conversion of Sick Leave Upon Retirement or Death. At the time of an employee's separation from the District due to retirement or death, an eligible employee or employee's estate shall receive remuneration at a rate equal to one (1) day's current compensation for the employee for each four (4) days accrued leave under this section (Cash out).
Sample 1

Related to Conversion of Sick Leave Upon Retirement or Death

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Expiration of Sick Leave If illness or disability continues beyond the time covered by earned sick leave, the employee may be granted a disability leave or a personal leave in accordance with this Agreement.

  • Life Insurance Upon Retirement 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.

  • Vacation Credits Upon Death Earned but unused vacation entitlement shall be made payable, upon termination due to death, to the employee's dependent, or where there is no dependent, to the employee's estate.

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Termination of Service Termination of Service shall mean the Executive's voluntary resignation of service by the Executive or the Bank's discharge of the Executive without cause, prior to the Early Retirement Date (Subparagraph I [K]).

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • Normal Retirement Date The date on which the Executive attains age sixty-five (65).

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

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