137.034 SICK LEAVE AT RETIREMENT FOR FIREMEN.
   An employee of the Fire Department may elect at the time of retirement from active service and with ten or more years of service with the City to be paid in cash for fifty percent (50%) of the value of his accrued sick leave credit. Such payment shall be based on the employees rate of pay at the time of retirement. Payment for sick leave on this basis shall be considered to eliminate all sick leave credit accrued by the employee at that time. Such payment shall be made only once to an employee.
(Ord. 11-80. Passed 1-14-80.)