Sick Leave

[mariomike]

Saw this in Politics,

A healthy sick leave bank is one of those amazing safety nets you don’t realize the value of til you need it.

Do your 35 years, full-time "It's a career, not a hobby" , retire with your first employer, take take your nine month Gratuity, and GTFO on an OMERS pension.

162 sick days are deducted for the Gratuity.

You can burn off the remaining 468 sick days, or donate them back to Metro when you retire.

That's for you to decide.

For Long Term Disability , they used your Sick Bank and vacation, Floating Stat Holidays ( FSH ) and lieu days for six months.

Then they put you on LTD.

LTD pays 75%. Your Sick Bank tops it up to 100%

YMMV

 

[brihard]

Saw this in Politics,




Do your 35 years, full-time "It's a career, not a hobby" , retire with your first employer, take take your nine month Gratuity, and GTFO on an OMERS pension.

162 sick days are deducted for the Gratuity.

You can burn off the remaining 468 sick days, or donate them back to Metro when you retire.

That's for you to decide.

For Long Term Disability , they used your Sick Bank and vacation, Floating Stat Holidays ( FSH ) and lieu days for six months.

Then they put you on LTD.

LTD pays 75%. Your Sick Bank tops it up to 100%

YMMV

With one particular employer, yes. Sick leave / LTD arrangements very heavily by employer.