Policy GCBD-RX

For the purpose of reducing the incidence of absenteeism, a qualifying employee, upon retirement, may elect to have accumulated sick leave purchased by the School Board. The following regulations concerning terminal pay for unused sick leave shall apply to all employees with accumulated leave:

A. Eligibility

Any employee who meets all the following requirements is eligible for unused sick leave terminal pay:

  1. Sick leave terminal pay will be paid only to those employees who enter retirement and receive retirement benefits from the Virginia Retirement System or the federal government Social Security Administration.
  2. The employee may retire at any age consistent with the provisions of the Virginia Retirement System or Social Security Administration and be eligible for this payment.
  3. The employee shall have served at least five (5) years consecutively in the Lynchburg City Schools immediately prior to his/her retirement.
  4. The payment for unused sick leave days is subject to all required taxes.

B. Rates of Payment

The rate of pay is subject to review annually at the School Board’s discretion. The employee shall be eligible to receive the approved rate for unused sick leave based on the following tiered system:

  • Tier I
    Full-time employees who have accumulated between 5 and 9 years of uninterrupted service to Lynchburg City Schools shall receive payment of $25.00 per day for each day of accrued sick leave. The payment shall be for no more than 60 days. Part-time employees shall receive payment of $12.50 per day for each day of accrued sick leave for no more than 60 days.
  • Tier II
    Full-time employees who have accumulated between 10 and 19 years of uninterrupted service to Lynchburg City Schools shall receive payment of $30.00 per day for each day of accrued sick leave. The payment shall be for no more than 90 days. Part-time employees shall receive payment of $15.00 per day for each day of accrued sick leave for no more than 90 days.
  • Tier III
    Full-time employees who have accumulated between 20 and 29 years of uninterrupted service to Lynchburg City Schools shall receive payment of $35.00 per day for each day of accrued sick leave. The payment shall be for no more than 90 days. Part-time employees shall receive payment of $17.50 per day for each day of accrued sick leave for no more than 90 days.
  • Tier IV
    Full-time employees who have accumulated 30 years or more of uninterrupted service to Lynchburg City Schools shall receive payment of $40.00 per day for each day of accrued sick leave. The payment shall be for no more than 90 days. Part-time employees shall receive payment of $20.00 per day for each day of accrued sick leave for no more than 90 days.

Adopted: March 6, 2018