SANTA ANA POLICE OFFICERS ASSOCIATION (POA) (9)

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K. Payment for Unused Sick Leave . 1 . Except in cases of disability retirement, upon non-disciplinary termination of employment after ten (10) years of cumulative full-time service with the City, each qualified employee shall be entitled to payment for one-third (1/3 ) of the total sick leave benefit credited to his or her account upon the effective date of such termination, not to exceed a maximum limit of 53 . 33 working days, at the rate of pay effective on the date of such termination . At the employee' s election, payment for unused sick leave may be received in either a lump sum of money, or in equal monthly payments for a period of up to five (5) years . A lump sum payment shall be made to the beneficiaries of any eligible employee whose death occurs while such employee is an active employee of the City, such payment to be in the amount of one-third (1/3) of the total sick leave benefit credited to the employee' s account at the time of his or her death, and at the rate of pay effective on the date of death. 2 . At his or her option, an employee may convert any lump sum payment provided herein into health insurance premiums, to the extent necessary to provide the employee and his or her designated eligible dependents, if any, with benefits under the health insurance program maintained by the Association. The City' s obligation to pay such premiums shall be terminated when the sum of premiums paid equals one-hundred fifty percent (150%) of the amount of the lump sum payment that the employee would have received for unused sick leave benefits had this option not been elected. Upon the death of any retired employee receiving a benefit under the provision of Section 11 . 1K, said benefit will continue to be paid on behalf of said retired employee to his/her beneficiary. 3 . After 15 years of cumulative full time service with the City (except for disability retirement or disciplinary termination) , each 39