Ohio Admin. Code 3335-79-10 - Retirement payout of sick leave
(A)
Upon retirement
from active university service after ten or more years of combined service with
the university, state of Ohio, or any of its political sub-divisions, an
employee may choose to be paid for one-fourth of the accrued unused sick leave
credit up to a maximum payment of two hundred forty hours. This payment shall
be based upon the employee's rate of pay at the time of retirement. Upon
accepting such payment, all sick leave credit accrued up to that time shall be
eliminated.
(B)
Payout of sick leave shall be made only once to any
employee. An employee who returns to Ohio or university service after retiring
and receiving a sick leave payout may accrue and use sick leave as before, but
may not subsequently convert the unused sick leave into another
payout.
(C)
Sick leave conversion does not apply to any
termination or separation other than retirement, except as provided in rule
3335-79-11 of the Administrative
Code.
Replaces: 3335-79-10
Notes
Promulgated Under: 111.15
Statutory Authority: 3335
Rule Amplifies: 3335.08
Prior Effective Dates: 06/14/1982, 06/22/1997, 06/01/2011
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