Common use of Accrual Schedule Clause in Contracts

Accrual Schedule. A. An employee shall receive a full or prorated vacation benefit with full pay based on the following schedule, and each new level in the schedule shall become effective in the month in which the employee’s employment anniversary date occurs, and available for use on the first day of the following month: Years of Service Monthly Accrual Level 0 but less than 3 6.75 hours 3 but less than 4 8.00 hours 4 but less than 5 9.00 hours 5 but less than 10 10.00 hours 10 but less than 11 10.75 hours 11 but less than 12 11.50 hours 12 but less than 13 12.00 hours 13 but less than 14 12.75 hours 14 but less than 15 13.50 hours 15 but less than 16 14.00 hours 16 but less than 17 14.75 hours 17 but less than 18 15.50 hours 18 but less than 19 16.00 hours 19 years and over 16.75 hours

Accrual Schedule. A. An Effective April 1, 2022, an employee shall receive a full or prorated vacation benefit with full pay based on the following schedule, and each new level in the schedule shall become effective in the month in which the employee’s employment anniversary date occurs, and available for use on the first day of the following month: Years of Service Monthly Accrual Level 0 but less than 1 6.75 hours 1 but less than 2 10.00 hours 2 but less than 3 6.75 10.50 hours 3 but less than 4 8.00 11.00 hours 4 but less than 5 9.00 11.50 hours 5 but less than 6 12.00 hours 6 but less than 7 12.50 hours 7 but less than 8 13.00 hours 8 but less than 9 13.50 hours 9 but less than 10 10.00 14.00 hours 10 but less than 11 10.75 14.50 hours 11 but less than 12 11.50 15.00 hours 12 but less than 13 12.00 15.50 hours 13 but less than 14 12.75 16.00 hours 14 but less than 15 13.50 hours 15 but less than 16 14.00 hours 16 but less than 17 14.75 hours 17 but less than 18 15.50 hours 18 but less than 19 16.00 hours 19 years and over 16.75 hourshours Current employees shall be placed at the monthly accrual level commensurate with the new accrual schedule effective April 1, 2022.