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8. Accumulated Sick Leave: <br /> a. Employees who are eligible to accrue sick leave may accumulate a maximum of <br /> up to one thousand two hundred (1,200) hours. Upon termination of employment, <br /> eligible employees will receive compensation for a percentage of unused <br /> accumulated sick leave as follows: <br /> Wo-Percent of unused <br /> Employees Length of Service accumulated sick <br /> leave to be paid out <br /> Exempt Any 75% <br /> Non-Exempt 20 or more years of service 75% <br /> Non-Exempt 10 or more years of service 50% <br /> Non-Exempt 5 or more years of service 25% <br /> Non-Exempt 3 or more years of service 10% <br /> b. At the end of each fiscal year, typically in September, or at separation, any banked <br /> sick leave above the previous year's banked amount will be calculated, by the <br /> Finance Department, at the employee's rate of pay in effect at the time the sick <br /> leave was earned or accumulated. <br /> c. Employees covered under a Collective Bargaining Agreement should refer to the <br /> Collective Bargaining Agreement for additional benefits, procedures and <br /> information relating to this policy. <br /> CODING: Words stricken are deletions,words underlined are additions. <br /> Policy 703:1 —Sick Leave Page 3 of 3 <br /> 99 <br />