Sick leave cashed out available this month

Each January, and at no other time, some employees with accrued sick-leave balances may exchange sick leave for cash. The processing deadline for payment is Jan. 26. 
Teaching and research faculty are not eligible. Civil service employees and administrative professional employees are eligible. Employees covered by collective bargaining agreements should refer to the appropriate agreement for eligibility information.
Eligible employees whose year-end sick-leave balance exceeds 480 hours may convert sick-leave hours earned in the previous calendar year, minus those used during the year, to monetary compensation. No sick leave hours may be converted that would reduce the calendar year-end balance below 480 hours.
Monetary compensation for converted hours is paid at the rate of 25 percent and is based on an employee’s salary. All converted hours are deducted from the sick-leave balance.
Civil service and collective bargaining unit employees should submit completed time/leave reports to their employing department for verification, and then reports should be forwarded to Payroll Services. Faculty and AP employees should submit time/leave reports to their employing department for verification, and then reports should be forwarded to Human Resource Services, which will forward to Payroll Services.
Consult Business Policies and Procedures 60.41 for details (ONLINE @ or contact HRS at 335-4521 or Payroll at 335-9575.

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