ELIGIBILITY CRITERIA FOR SELL BACK OR CASH OUT Sample Clauses

ELIGIBILITY CRITERIA FOR SELL BACK OR CASH OUT. An employee working 4/10’s may sell back or cash out accrued leave on his/her service date if, during the preceding 12 months, the employee was permitted, after a timely request to do so, to take a minimum of 70 hours of leave, including one full week off. An employee working 5/8’s may sell back or cash out accrued leave on his/her service date if, during the preceding 12 months, the employee was permitted, after a timely request to do so, to take a minimum of 72 hours of leave, including one full week off. A combination of leave and one (1) scheduled holiday may comprise the week as long as the employee is off a full week. For the purpose of qualifying for a sell back or cash out under this provision, the leave taken may include annual leave, floating holidays, compensatory time and voluntary furlough days. Disability IS NOT included.
Sample 1
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ELIGIBILITY CRITERIA FOR SELL BACK OR CASH OUT. An employee working 4/10's may sell back or cash out accrued leave if, during the preceding 12 months, the employee was permitted, after a timely request to do so, to take a minimum of 70 hours of leave, including one (1) full week off. An employee working 5/8's may xxxx back or cash out accrued leave if, during the preceding 12 months, the employee was permitted, after a timely request to do so, to take a minimum of 72 hours of leave, including one (1) full week off. A combination of leave and one (1) scheduled holiday may comprise the week as long as the employee is off a full week. For the purpose of qualifying for a sell back or cash out under this provision, the leave taken may include annual leave, floating holidays and compensatory time. Sick is NOT included. NOTE: The "full week" may be broken by a weekend. For example, a 5/8's employee may take vacation on Thursday and Friday, a holiday on Monday and vacation on Tuesday and Wednesday. Another example, a 4/10 employee may take floating holidays on Wednesday and Thursday, a scheduled holiday on Monday, and annual leave on Tuesday. Both of these scenarios would fulfill the requirement for one full week off.
Sample 1
ELIGIBILITY CRITERIA FOR SELL BACK OR CASH OUT. An employee working 4/10’s may sell back or cash out accrued leave on his/her service date if, during the preceding 12 months, the employee was permitted, after a timely request to do so, to take a minimum of 70 hours of leave, including one full week off. An employee working 5/8’s may sell back or cash out accrued leave on his/her service date if, during the preceding 12 months, the employee was permitted, after a timely request to do so, to take a minimum of 72 hours of leave, including one full week off. A combination of leave and one (1) scheduled holiday may comprise the week as long as the employee is off a full week. For the purpose of qualifying for a sell back or cash out under this provision, the leave taken may include annual leave, floating holidays and compensatory time. Sick leave IS NOT included. NOTE: The “full week” may be broken by a weekend. For example, a 5/8’s employee may take vacation on Thursday and Friday, a holiday on Monday and vacation on Tuesday and Wednesday. Another example, a 4/10 employee may take floating holidays on Wednesday and Thursday, a holiday on Monday, and annual leave on Tuesday.
Sample 1
ELIGIBILITY CRITERIA FOR SELL BACK OR CASH OUT. An employee working 4/10’s may sell back or cash out accrued leave on his/her service date if, during the preceding 12 months, the employee was permitted, after a reasonably timely request to do so, to take a minimum of 70 hours of leave, including one full week off. An employee working 5/8’s may sell back or cash out accrued leave on his/her service date if, during the preceding 12 months, the employee was permitted, after a reasonably timely request to do so, to take a minimum of 72 hours of leave, including one full week off. A combination of leave and one (1) scheduled holiday may comprise the week as long as the employee is off a full week. For the purpose of qualifying for a sell back or cash out under this provision, the leave taken may include annual leave, personal leave, floating holidays and compensatory time. Sick IS NOT included.
Sample 1

Related to ELIGIBILITY CRITERIA FOR SELL BACK OR CASH OUT

  • Service Eligibility Criteria 4.3.4.1 High capacity EELs must comply with the following service eligibility requirements:

  • Eligibility Criteria (i) Employees covered by this clause will be those who are unable to perform the range of duties to the competence level required within the class of work for which the employee is engaged under this Agreement, because of the effects of a disability on their productive capacity and who meet the impairment criteria for receipt of a Disability Support Pension.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Member Eligibility Verify Member eligibility contemporaneous with the rendering of services. BCBS will provide systems and/or methods for verification of eligibility and benefit coverage for Members. This is furnished as a service and not as a guarantee of payment;

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Repayment of Qualified Birth or Adoption Distribution If you have taken a qualified birth or adoption distribution, you may generally repay all or a portion of the aggregate amount of such distribution to an IRA, as permitted by the IRS. For further information, you may wish to obtain IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), by visiting xxx.xxx.xxx on the Internet.

  • What if I Make a Contribution for Which I Am Ineligible or Change My Mind About the Type of IRA to Which I Wish to Contribute? Prior to the due date (including extensions) for filing your tax return, you may elect to “recharacterize” amounts that you contributed to an IRA during the year by making a recharacterization of the contributed amount and earnings. Thus, for example, if you contribute amounts to a Xxxx XXX and later determine that you are ineligible to make a Xxxx XXX contribution for the year, you may at any time prior to the tax return due date for the year (including extensions) make a recharacterization of the contributions and earnings to a Traditional IRA.

  • Student Eligibility A. The Texas Success Initiative (TSI) requires mandatory assessment for all students to determine college readiness in reading, writing and math. The xxxx authorizes the Texas Higher Education Coordinating Board to prescribe assessment instruments with a statewide passing standard. The initiative allows an institution to determine when a student is ready to perform college‐level coursework. High School students who seek to register in a dual credit course, which will grant college credit must prove “college readiness” by achieving a college level score as outlined in Appendix A.

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  • Program Eligibility 1. All officers, regardless of assignment, will be eligible for the vehicle program subject to the limitations set forth below.

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