When a non-bargaining unit employee resigns or retires the Village of Romeoville will buy back unused accumulated sick leave up to a maximum of 1,500 hours, in accordance with the formula below:
Years of Service Percentage of Buy Back
Under 10 yrs. 0%
10 yrs. - 19 yrs. 10%
20 yrs. - 29 yrs. 20%
30 yrs. or more 30%
Employees that are retiring can choose to convert up to 1,500 hours in accordance with the formula listed in this section and use the remaining sick time balance, if any, towards health insurance coverage as detailed in Section 5.7.
(Ord. 23-1853, passed 5-3-23)