5338 Absence due to illness or injury

Stevensville School District

PERSONNEL

Payment of Interest on Employer Contributions for Workers’ Compensation Time

An employee absent because of an employment-related injury entitling the employee to workers’ compensation payments may, upon the employee’s return to service, contribute to the retirement system an amount equal to the contributions that would have been made by the employee to the system on the basis of the employee’s compensation at the commencement of the employee’s absence plus regular interest accruing from one (1) year from the date after the employee returns to service to the date the employee contributes for the period of absence.

The District has the option to pay, or not pay, the interest on the employer’s contribution for the period of absence based on the salary as calculated. If the employer elects not to pay the interest costs, this amount must be paid by the employee.

It is the policy of this District to not pay the interest costs associated with the employer’s contribution.

Cross Reference:
5254F Employer Payment Policy Form

Legal Reference:
§ 19-3-504, MCA  Absence due to illness or injury.

Policy History:
Adopted on: April 11, 2017
Reviewed on: March 11, 2017
Revised on: