Leave Accrual Upon Departure
October 01, 2018
State of the Superintendency

While this action is governed by statute in some states, many superintendents report monetizing their accrued leave upon departure from their position.
According to a recent 91制片 nationwide survey, payment made directly to the superintendent
is more prevalent for vacation leave accrual than sick leave accrual, but relatively few superintendents are seeking to apply the accrued value to purchasing retirement credit, where applicable.
Slightly more than half of the responding
superintendents report the calculation of the value of the vacation leave accrual was established through their contracts at a daily rate while slightly less than a third of respondents report payment for sick leave accrual at a daily rate.
Source
鈥2017-18 91制片 Superintendents Salary and Benefits Study鈥 by Leslie A. Finnan and Robert S. McCord.
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