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lorain county general health district employee personnel

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6.3 Retirement & Sick Leave Conversion Upon Retirement<br />

All <strong>employee</strong>s of the agency are required to participate in the Ohio Public Employees<br />

Retirement System (PERS). Currently, an <strong>employee</strong> of the agency who has passed his<br />

sixtieth (60th) birthday and has five (5) or more years of total service credit; or who has<br />

attained his fifty-fifth (55th) birthday and has twenty-five (25) or more years of service<br />

credit; or has thirty (30) or more years of total service credit, regardless of age, is eligible<br />

for retirement in PERS.<br />

An <strong>employee</strong> of the agency may elect at the time of retirement (service or disability)<br />

from active service, provided he or she has ten (10) or more years service with the agency,<br />

the County, the State of Ohio, any political subdivision of the State of Ohio, or any<br />

combination of the above, to receive cash payment for one-fourth (1/4) the value of his or<br />

her properly accrued and unused sick leave.<br />

The maximum payment which will be permitted is one-fourth of 240 days, or sixty<br />

(60) days. This sick leave conversion payment shall be based on the <strong>employee</strong>=s rate of<br />

pay at the time of retirement, shall eliminate all sick leave accrued by the <strong>employee</strong> and<br />

shall be made only once to any <strong>employee</strong>. To be eligible for such payment, the retiring<br />

<strong>employee</strong> must be age 65 or older and have a minimum of ten (10) years of <strong>county</strong> service;<br />

at least age 60 and have a minimum of fifteen (15) years of <strong>county</strong> service; at least age 55<br />

and have a minimum of twenty (20) years of <strong>county</strong> service; and at least age 50, and have<br />

a minimum of twenty-five (25) years of <strong>county</strong> service.<br />

Such benefit is payable to the heirs, representative, or estate of an eligible deceased<br />

<strong>employee</strong> as of the date of death.<br />

(Revised 9-08-04)<br />

67

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