Benefits eligible Regular Classified Staff employees who retire from the University and have accumulated unused sick leave of 500 hours or more at time of retirement have the option to elect payment of their unused sick leave benefit. Sick leave compensation will not be paid in the event of resignation or discharge. If the employee is eligible for normal retirement at the time of death, the beneficiary will receive a one-time lump sum cash payout.
The State of Arizona General Accounting Office (GAO) maintains and administers the Retiree Accumulated Sick Leave (RASL) as defined by Arizona statute. Eligible retirees may apply for benefits to the General Accounting Office, which has sole discretion to grant or deny payment under this program. Application and payment option information is available on the GAO's website.
To qualify for this benefit the employee must:
The RASL benefit value is calculated by multiplying the hourly pay rate at the time of retirement by the number of unused sick leave hours (up to 1,500), as reported in the University's payroll system, and multiplied by the appropriate following percentage:
The hourly pay rate will be calculated using the following methods:
The maximum benefit will be 1,500 hours of sick leave not to exceed a benefit of $30,000. Appropriate FICA, federal and state income taxes will be deducted prior to the payment of the benefit.
