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7.2. D. - Page 11 <br /> to the maximum limitation; provided, however, that sick leave credits were not <br /> accumulated for a period of six (6) months or longer. <br /> An employee may elect to receive compensation in lieu of sick leave credits for <br /> any calendar year by requesting payment of unused sick leave in writing to the <br /> Director of Finance. Payment shall be made at fifty (50 %) of the value of the <br /> unused sick leave for that calendar year at the salary for the year the payment is <br /> being made and shall be made after December 31. There shall be no payment in <br /> lieu of accumulated sick leave benefits for years prior to such calendar year. <br /> Accumulated sick leave credits shall be reduced by the value of the sick leave <br /> compensated as provided in the above paragraph and the remaining balance <br /> shall be accumulated to a maximum of 1200 hours. <br /> If an employee terminates his /her employment, for reasons other than death, <br /> retirement or discharge, compensation in lieu of unused sick leave shall be paid <br /> in accordance with the terms provided for an employee who may elect to receive <br /> compensation in lieu of sick leave credits, prorated to the date of termination of <br /> service. <br /> Employees who retire from City employment with benefits from PERS or who die <br /> while in the employ of the City shall be eligible to receive fifty percent (50 %) of <br /> accrued unused sick leave. In the event of the death of an employee, such <br /> payments shall be made to the designated beneficiary filed with the Director of <br /> Finance, or, in the event no designated beneficiary has been chosen, the <br /> beneficiary listed in the employee's insurance policy will receive the payment of <br /> such unused sick leave as provided under the provisions for an employee who <br /> elects to receive compensation in lieu of sick leave credits. <br /> Employees discharged shall not be eligible for payment of unused sick leave. <br /> • PERS Sick Leave Credit - In the event the PERS sick leave credit contract <br /> option is provided to any employee organization in the miscellaneous group <br /> of employees, all Executive Management employees shall be granted this <br /> benefit. <br /> e. Absences Less Than One (1) Day - Executive Management shall charge the <br /> appropriate leave balances (vacation, sick, administrative) only for absences of <br /> one (1) or more working days. <br /> f. Industrial Disability Leave - Executive Management employees who are <br /> employed by the City as of March 31, 1983, who suffer any disability arising out <br /> of and in the course of his /her employment as defined by the Workers' <br /> Compensation laws of the State of California, shall be entitled to industrial <br /> 7 <br />