A member shall lose the right to obtain the benefits of the sick leave bank by:

(1) Resignation or termination of employment with the local school system;

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Terms Used In Tennessee Code 49-5-809

  • bank: means a local system accounting of voluntarily pooled and irrevocably donated accumulated personal sick leave that is collected for the purpose of providing sick leave to members of the program who have suffered an unplanned personal illness, injury, disability or quarantine and whose personal sick leave is exhausted. See Tennessee Code 49-5-802
  • Sick leave: means a designated amount of compensation leave accumulated pursuant to §. See Tennessee Code 49-5-802
  • system: means any local public school system, as defined in §. See Tennessee Code 49-5-802
  • trustees: means those persons appointed to administer a local school system sick leave bank. See Tennessee Code 49-5-802
(2) Cancellation of participation that is effective only on June 30 next;
(3) Refusal to honor such assessment as may be required from time to time by the trustees to maintain an adequate number of reserve days in the bank;
(4) Being on approved leave of absence with the exception of personal illness or disability leave; or
(5) Retirement.