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Sick Leave: <br /> <br /> Sick leave may be accrued to a maximum of 120 days at a rate of <br /> <br />one day per month. Unused sick leave in excess of 120 days at the end <br />of a calendar year (January lst) shall be converted to vacation at a <br />rate of one hour vacation for each two hours of sick leave in excess of <br />120 days. <br /> <br /> Any employee terminating employment or any employee terminated <br />shall be paid for 1/3 of any unused sick leave at time of termination <br />at his/her current rate of pay. <br />Compensatory Time: <br /> <br /> Employees that do not receive overtime pay shall receive compen- <br />satory time at a rate of one and one-half hours for each hour worked <br />as approved by the City Administrator or his designated representative. <br />Compensatory time shall be taken as approved by the City Administrator <br />or his designated representative for periods of not less than two hours. <br /> <br /> Any employee with accrued compensatory time in excess of 80 hours <br />may elect to receive payment for said excess hours, or any part thereof, <br />by making written application to the City Administrator prior to the end <br />of the pay period for the first pay day in December. <br /> <br /> Payment for said compensatory time in excess of 80 hours shall be <br />computed at75% of the employees current rate of pay, <br /> <br />No employee shall accrue compensatory time in excess of 520 hours, <br />Any employee terminating employment or any employee terminated shall <br />receive compensation for all accrued compensatory time at 75% of his/her <br />rate of pay at the time of termination. <br /> <br /> <br />