[Added 9-15-2003 by Ord. No. 2003-11]
Nonunion employees who retire with a pension under PERS shall be entitled to receive terminal leave. The number of terminal leave days will be based on the number of unused sick leave days at the time of retirement. Retiring employees will remain on the payroll of the Borough based on one day of base salary pay for every four days of accumulated unused sick leave up to 100 days; and one day of base salary pay for every three days of accumulated sick leave beyond 100 days, to a maximum per diem value of $12,000. Retiring employees will continue their full coverage of health insurance and other benefits during their period of terminal leave.