(a) Policy.
(1) Each employee who retires from employment with the City of Kenton shall be paid for accumulated but unused sick leave in accordance with the following schedule:
Years of service with the city | Percentage of hours paid | Maximum payment allowable |
10 years but less than 15 | 50% | 335 Hours |
15 years but less than 20 | 75% | 530 Hours |
20 years or more | 100% | 700 Hours |
In order to qualify for the above payments, the employee must be eligible for retirement in accordance with the applicable state retirement plan at the time of the employee’s separation from city employment.
(b) Employees who otherwise separate their employment with the city, other than for disciplinary reasons, shall be paid for twenty-five percent (25%) of their accumulated but unused sick leave up to a maximum payment as follows:
Years of service with the city | Maximum payment allowable |
10 years but less than 15 | 335 Hours |
15 years but less than 20 | 530 Hours |
20 years or more | 700 Hours |
(c) The above payments shall be made at the employee’s regular rate of pay at the time of separation from employment. Employees shall only be eligible for payment in accordance with the section for sick leave accumulated while employed by the city.
(Ord. 08-001. Passed 2-25-08; Ord. 02-013. Passed 8-26-02.)