Participation in the sick leave program will increase the employer rate. Once the employer extends sick leave coverage to a group of employees, that coverage cannot be revoked. You will find a sample of a Resolution to Authorize sick Leave Retirement Credit form in appendix A of the printed manual. When you participate in the sick leave program, you need to keep accurate sick leave records. PERS will ask for the total amount of unused sick leave hours for all separated employees.
Sick leave can be important to the member's retirement benefit.
One-half of the accumulated unused sick leave hours increases the amount of benefits calculated by the Full Formula or Formula Plus Annuity methods. Sick leave does not increase the benefits calculated by the Money Match method. If employees have different sick leave accrual rates, the minimum sick leave accrual rate in effect is the maximum allowed for all employees for PERS purposes. Both groups of employees work eight hour days. The city of Silver credits all the employees with six hours sick leave per month.