20.550. - Sick leave credit pay plan.
(a) Eligibility. City employees with a sick leave balance of sixty (60) days or more on December 1, 2001, and each year thereafter shall be eligible to make an election to receive compensation for future earned sick leave.
(b) Election. On or before December 31 of each year commencing with 2001 eligible employees shall submit a sick leave credit pay plan election form to the human resources benefits department. An eligible employee must elect whether to receive a cash payment for all or any portion of sick leave that is earned during the calendar year immediately following the election. Such election is irrevocable. An eligible employee who fails to submit a sick leave credit pay plan election form to the human resources department on or before December 31 of each year shall be considered to have elected not to receive a cash payment for all or any portion of sick leave that is earned during the calendar year immediately following the election.
(c) Payment. Within sixty (60) days after the end of the calendar year immediately following the election, an eligible employee who has elected to receive cash payment shall be paid as follows:
(1) Accumulated sick leave of at least sixty (60) days, but less than ninety (90) days. Payment for sick leave days earned during the calendar year immediately following the election shall be at the rate of fifty (50) percent of the daily rate of pay in effect on December 31 of that year.
(2) Accumulated sick leave of at least ninety (90) days, but less than one hundred twenty (120) days. Payment for sick leave days earned during the calendar year immediately following the election shall be at the rate of seventy-five (75) percent of the daily rate of pay in effect on December 31 of that year.
(3) Accumulated sick leave of at least one hundred twenty (120) days. Payment for sick leave days earned during the calendar year immediately following the election shall be at the rate of one hundred (100) percent of the daily rate of pay in effect on December 31 of that year. (Code 1960, As Amend., § 540.221; 85-Or-226, § 2, 12-20-85; 90-Or-295, § 1, 11-21-90; 2001-Or-147, § 1, 12-14-01; 2001-Or-148, § 1, 12-14-01; 2003-Or-144, § 1, 12-15-03)