Common use of Accumulated Vacation Leave Clause in Contracts

Accumulated Vacation Leave. Upon termination of service, Employee will be compensated at the Employee’s daily rate of pay at the rate of one day for each one day of accumulated vacation leave, without limitation, or the Employee may elect to have the District purchase PERS credit in lieu of the said vacation leave compensation, subject to PERS regulations.

Accumulated Vacation Leave. Upon termination of service, Employee will be compensated at the Employee’s daily rate of pay at the rate of one day for each one day of accumulated vacation leave, without limitation, or the Employee may elect to have the District CCSD purchase PERS credit in lieu of the said vacation leave compensation, subject to PERS regulations.

Accumulated Vacation Leave. Upon termination of service, Employee will be compensated at the Employee’s daily rate of pay at the rate of one day for each one day of accumulated vacation leave, without limitation, or the Employee may elect to have the District purchase PERS credit in lieu of the said vacation leave compensation, subject to PERS regulationscapped at 85 days.