(a) Upon the retirement of a full-time employee who has not less than ten (10) years of continuous employment with the City and who at the time of his or her retirement has qualified for retirement benefits from a State of Ohio public employee retirement system, such employee shall be entitled to receive a cash payment equal to his or her hourly rate of pay at the time of retirement multiplied thirty-three percent (.33%)of the accumulated but unused sick hours earned by the employee, as certified by the Finance Director, not to exceed a maximum of nine hundred (900) hours of pay.
(b) Such payment shall be made only once and shall eliminate all sick leave credit accrued by the employee. (Ord. 2020-14. Passed 3-23-20.)