Computation of Sick Leave Benefits of Faculty Extended Beyond Age 65

Excerpt from the Minutes of the 1266th Meeting of the Board of Regents held on 27 January 2011 Excerpts from the Minutes of the 1266th Meeting of the Board of Regents held on 27 January 2011

Proposal to Compute the Sick Leave Benefits of Faculty Extended Beyond Age 65 Based on the Salary at Actual Retirement Date effective 2010

The BOR at its 1226th meeting held on 25 October 2007 approved the grant to faculty members of sick leave benefits for a period equivalent to ten (10) days per year of full time service, cumulative and commutable only upon compulsory retirement and upon optional retirement due to serious/ severe illness (as define by Philhealth). This was amended at the Board's 1255th meeting on 27 May 2010 to fifteen (15) days per year of full time service from the time of the faculty's initial appointment. Morever, the period on extended service beyond 65 years of age shall be counted towards this leave benefit.

The Chancellor of UP diliman recommends that the computation of the sick leave benefits of those faculty extended beyond age 65 be based on the salary at actual retirement date instead of the salary at age 65.

Board Action: APPROVAL. Upond the recommendation of the Staff Regent, administrative staff and REPS extended beyond age 65 are covered by this proposal.

This takes effect retroactive to 2010