Common use of Years of Service Clause in Contracts

Years of Service. Bargaining unit employee leaving in good standing with at least twenty (20) years of service will receive upon separation twenty five percent (25%) of their unused accumulated sick leave up to a maximum of two hundred forty (240) hours, computed at the bargaining unit employee’s current rate of pay. Upon normal retirement (as defined by FRS or contract city) of a bargaining unit employee in good standing or upon the death of a bargaining unit employee in good standing with at least twenty (20) years of service, the bargaining unit employee will receive upon separation one hundred percent (100%) of their unused, accumulated sick time up to a maximum of nine hundred sixty (960) hours, computed at the bargaining unit employee’s current rate of pay.

Years of Service. Bargaining unit employee employees leaving in good standing with at least fifteen (15) years of service but less than twenty (20) years of service will receive upon separation twenty five percent (25%) of their unused accumulated sick leave up to a maximum of two hundred forty (240) hours, computed at the bargaining unit employee’s employees current rate of pay. Upon normal retirement (as defined by FRS or contract city) of a bargaining unit employee in good standing or upon the death of a bargaining unit employee in good standing with at least fifteen (15) years of service but less than twenty (20) years of service, the bargaining unit employee will receive upon separation one hundred sixty five percent (10065%) of their unused, unused accumulated sick time leave up to a maximum of nine six hundred sixty twenty four (960624) hours, computed at the bargaining unit employee’s employees current rate of pay.

Years of Service. Bargaining unit employee members leaving in good standing with at least fifteen (15) years of service but less than twenty (20) years of service will receive upon separation twenty five percent (25%) of their unused accumulated sick leave up to a maximum of two hundred forty (240) hours, computed at the bargaining unit employee’s members current rate of pay. Upon normal retirement (as defined by FRS or contract cityFRS) of a bargaining unit employee member leaving in good standing or upon the death of a bargaining unit employee member in good standing with at least fifteen (15) years of service but less than twenty (20) years of service, the bargaining unit employee member will receive upon separation one hundred sixty five percent (10065%) of their unused, unused accumulated sick time leave up to a maximum of nine six hundred sixty twenty four (960624) hours, computed at the bargaining unit employee’s members current rate of pay.