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6.K. - Page 59 of 190 <br />18.1.5 Credit for Unused Sick leave <br />18.1.5.1 An employee may elect to receive compensation in <br />lieu of sick leave credits for any calendar year (based <br />on the preceding 26 pay periods) by requesting <br />payment of unused sick leave in writing to the <br />Director of Finance on or before December 1, of that <br />year. Payment shall be made at twenty-five percent <br />(25%) of the value of the unused sick leave, or fifty <br />percent (50%) if no more than 24 hours have been <br />used for the preceding 26 pay periods, at the salary <br />for the year the payment is being made. The City <br />will endeavor to make payment on the non -payroll <br />Friday immediately following the first payroll Friday in <br />January, however the payment will be made no later <br />than the first pay period in February. There shall be <br />no payment in lieu of accumulated sick leave benefits <br />for years prior to such calendar year. <br />Accumulated sick leave credits shall be reduced by <br />the value of the sick leave compensated as provided <br />in the above paragraph and the remaining balance <br />shall be accumulated to a maximum as outlined in <br />Section 18.1.1. <br />18.1.5.2 If an employee terminates his/her employment for <br />reasons other than death, retirement, or discharge, <br />compensation in lieu of unused sick leave shall be <br />paid in accordance with the terms provided for an <br />employee who may elect to receive compensation in <br />lieu of sick leave credits, prorated to the date of <br />termination of service. <br />18.1.5.3 Upon retirement or death, an employee or an <br />employee's dependents shall be paid fifty percent <br />(50%) of all of the employee's accrued sick leave. <br />Employees who die in the line of duty or whose <br />death is determined to be directly attributable to <br />injury or illness sustained while on duty shall be <br />eligible to receive one -hundred percent (100%) of <br />accrued unused sick leave. Payment of unused sick <br />leave hours shall be made at the employee's current <br />hourly rate. <br />In the event of the death of an employee, such <br />payments shall be made to the designated <br />beneficiary filed with the Director of Finance, or, in <br />48 <br />302 <br />