It shall be the policy of this board that classified university employees upon retirement with ten or more years of service with the state, shall be compensated in an amount not to exceed one-fourth the value of accrued, but unused, sick leave credit based on the employee's rate of compensation at the time of retirement. The maximum payment for any employee shall be for two hundred and forty hours. The payment for sick leave under this policy eliminates all sick leave credit of the employee at the time of retirement and payment shall be made only once to any employee.
Ohio Admin. Code 3344-71-01
Promulgated Under: 111.15
Authorized By: 111.15
Amplifies: 3344