(a) Effective January 1, 2002, all full-time, permanent, hourly employees and annual salaried employees not covered by a collective bargaining agreement may accumulate 120 days of unused sick leave and they shall be allowed to convert twenty-five percent (25%) of such sick leave into a lump sum cash payment up to a maximum of thirty days of pay upon retirement, resignation or death.
(b) The lump sum sick leave conversion payment provided for herein shall be made within twenty-one days after retirement, resignation or death.
(c) All full-time, permanent employees and annual salaried employees not covered by a collective bargaining agreement, who have accumulated more than 120 days of sick leave may convert on a three-to-one basis all days accumulated over 120 days into a lump sum cash payment at the end of each calendar year.
(Ord. 49-01. Passed 11-5-2001.)