Human Resources: Did You Know? Terminal Pay of Accumulated Sick Leave

The Human Resources Department has provided this pertinent information for SFSC employees. If you have questions about any of the information presented, please contact the Human Resources Department at ext. 7132.

Under Procedure 5130 – Leave of Absence – Terminal pay of accumulated sick leave. Full-time employees with at least 10 years of service with the College and/or Florida Retirement System, may be compensated upon termination/retirement for a portion of their accumulated sick leave under one of the following provisions.

• An employee (or beneficiary upon death) with 10 consecutive years of service at the College will be eligible to receive 50% of his/her accumulated sick leave, plus 2.5% for each additional year of service up to a maximum of 30 years (100%) should he/she separate from the College in a manner other than having been terminated for cause (see procedure for exceptions).
• After 10 years of service within a Florida state retirement system (Florida Retirement System, Community College Optional Retirement Program, Public Employees Optional Retirement Program, The Florida Teacher’s Retirement System, or the Florida State and County Employees Retirement System), an employee retiring from that system will be eligible to receive 50% of his/her accumulated sick leave plus 2.5 % for each additional year of service up to a maximum of 30 years (100%) upon retirement, providing such payout is requested within one year of approved separation from the College (see procedure for exceptions).