WILLIAM DONALD SCHAEFER, Governor                               Ch. 6

(II) A MEMBER WHO SEPARATES FROM EMPLOYMENT FOR
REASONS OTHER THAN RETIREMENT ON OR BEFORE JUNE 30, 1990, IS ENTITLED TO
RECEIVE CREDITABLE SERVICE FOR UNUSED SICK LEAVE THAT IS REPORTED BY
THE MEMBER'S EMPLOYER AT THE MEMBER'S SEPARATION FROM EMPLOYMENT IF
THE MEMBER WAS ENTITLED TO A VESTED ALLOWANCE AT THE TIME OF
SEPARATION.

(E)     COMPUTATION OF CREDIT.

(1)      SUBJECT TO PARAGRAPH (3) OF THIS SUBSECTION, FOR 22 DAYS OF
UNUSED SICK LEAVE A MEMBER IS ENTITLED TO RECEIVE 1 MONTH OF CREDITABLE
SERVICE.

(2)      IF FRACTIONAL DAYS TOTALING 11 OR MORE RESULT FROM THE
APPLICATION OF THE FORMULA DESCRIBED IN PARAGRAPH (1) OF THIS
SUBSECTION, A MEMBER IS ENTITLED TO RECEIVE 1 ADDITIONAL MONTH OF
CREDITABLE SERVICE.

(3)      FOR THE PURPOSES OF THIS SECTION:

(I)       A MEMBER MAY NOT ACCUMULATE MORE THAN 15 DAYS OF
SICK LEAVE PER YEAR;

(II)     UNLESS SICK LEAVE CREDIT IS ACCEPTED AND CREDITED BY
THE CURRENT PARTICIPATING EMPLOYER, A MEMBER MAY NOT RECEIVE CREDIT
FOR UNUSED SICK LEAVE GRANTED BY A FORMER EMPLOYER; AND

(III)    IF A PARTICIPATING EMPLOYER PROVIDES A MEMBER WITH
MORE THAN 15 DAYS OF SICK LEAVE PER YEAR, BEFORE CREDITING THE MEMBER
WITH ADDITIONAL SICK LEAVE FOR A YEAR, THE BOARD OF TRUSTEES SHALL
REDUCE THE MEMBER'S ACCUMULATED SICK LEAVE BY THE LESSER OF:

1.        THE DAYS OF SICK LEAVE USED BY THE MEMBER IN THAT
YEAR; OR

2.        THE NUMBER OF DAYS OF SICK LEAVE PROVIDED BY THE
PARTICIPATING EMPLOYER FOR THE YEAR, LESS 15.

(F)      LIMITATIONS ON USE OF CREDIT.

CREDIT FOR UNUSED SICK LEAVE MAY NOT BE USED UNDER THIS SECTION:

(1)      TO DETERMINE YEARS OF ELIGIBILITY SERVICE REQUIRED FOR A
BENEFIT UNDER THIS DIVISION II; OR

(2)      TO COMPUTE AVERAGE FINAL COMPENSATION.

(G)     RETENTION OF CREDIT BY SPECIFIED STATE EMPLOYEES.

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