Sick leave accumulation for Severance Pay Comparison
|
SCHOOL
|
PAYMENT
|
INCENTIVE TO ACCUMULATE
|
|
Indian Hill
|
25% of 315 days = 78.75
|
|
|
The amount of severance pay due a bargaining unit member shall be
calculated by multiplying the bargaining unit members’ accumulated unused
sick leave (up to 315 days) by ¼ and multiplying the product by the highest
daily rate of pay attained.
|
||
|
|
||
|
Forest Hills
|
25% of 250 days = 62.5 days
|
Paid for 70 days if accrued 250 days
|
|
Maximum payment which shall be made shall be ¼ of the accumulated and
unused sick leave of a retiree except that employees with 250 days sick leave
accumulation shall be eligible to receive 70 days of severance pay beginning
with the 2011 – 2012 school year.
|
||
|
|
||
|
Kings
|
1/4 of accumulated days
|
5 – 11 years of service
|
|
|
1/3 of accumulated days
|
12 years or more of service
|
|
A teacher with a minimum of 5 years and no more than 11 years of
service with the Board shall be paid for the value of his/her accrued but
unused sick leave, but not to exceed ¼ of accumulated days.
A teacher with a minimum of 12 years or more of service with the
Board shall be paid for the value of his/her accrued but unused sick leave,
but not to exceed 1/3 of accumulated days.
|
||
|
|
||
|
Lakota
|
¼ of accumulated days, max = 65 days
|
|
|
The Board shall pay any employee, upon death or retirement, the total
per diem rate for accumulated days of sick leave accredited to that
employee’s account as of June 30, 2009.
Employees will also be paid the total per diem rate for ¼ of the
employee’s accrued but unused sick leave credited to that employee’s account
after June 30, 2009. The maximum an
employee can be paid for is 65 days.
|
||
|
|
||
|
Loveland
|
100% of 35 days + 25% of remaining days up to 250 days total
|
|
|
Severance pay will be calculated using unused accrued sick leave up
to a maximum of 250 days. The Board
will pay bargaining unit members 35 days plus 25% of unused sick leave days
above 35 days at the time of retirement.
|
||
|
|
||
|
Milford
|
25% of 230 days = 57.5 days
|
|
|
The number of days to be considered will be ¼ of the member’s unused
but accumulated sick leave credits as of the final date of employment by the
Board to a maximum of 57 ½ days.
|
||
|
|
||
|
Norwood
|
25% of 216 days = 54 days
|
|
|
The Board shall pay to any member who elects to retire from teaching
and collect retirement from STRS, the per diem rate for ¼ of the member’s
accumulated sick leave up to a maximum of 54 days.
|
||
|
|
||
|
Sycamore
|
1/3 of days
|
|
|
An employee may elect at the time of retirement from active service
in Sycamore Community Schools to be paid in cash, for 1/3 the value of
accrued but unused Ohio sick leave day credit provided all the requirements
for service retirement have been met.
|
||
|
|
||
|
Wyoming
|
Wyoming years x 3 days +
non-Wyoming years x 1 day
|
|
|
The benefit will be assessed by the following formula:
Wyoming years x 3 days + non-Wyoming years x 1 day = Days of
Severance
Each day of severance pay will be calculated on the bargaining unit
member’s base salary during the last year of service.
|
||
