Annual Leave Accumulation Sample Clauses

Annual Leave Accumulation. Each employee will be allowed a maximum of twelve (12) days leave each year, accumulative as allowed by state law. Annual leave will be prorated for partial year and less than full-time employees on the basis of contracted days and partial FTE status, respectively.
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Annual Leave Accumulation. 1. The maximum allowable accumulation of annual leave shall not exceed forty-eight times (48X) an employee’s current full-time semi-monthly accrual rate.
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Annual Leave Accumulation. (a) Annual leave shall be credited in accordance with the New York State Attendance Rules.
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Annual Leave Accumulation. Annual Leave shall be earned and accumulated per pay period according to the following chart: _ Years Annual Days Maximum Hours Service Accumulation Per Pay Accumulation* 1 - 5 13 days .500 208 6 - 10 16 days .615 256 11 - 15 19 days .731 304 16 20 days .769 320 17 21 days .808 336 18 22 days .846 352 19 23 days .885 368 20 24 days .923 384 *The maximum accumulation is based on two (2) years’ worth of Annual Leave earnings. All accumulated vacation time shall be paid based on the maximum set. The balance will be allowed to accrue and be used beyond the maximum for accrual purposes only. For employees hired on or after October 26, 2010, annual leave shall be earned and accumulated per pay period according to the following chart: _ Years Service Annual Accumulation Days Per Pay Maximum Hours Accumulation* 1 - 5 13 days** .500 156 6 - 10 16 days .615 192 11 - 15 19 days .731 228 16 20 days .769 240 17 21 days .808 252 18 22 days .846 264 19 23 days .885 276 20 24 days .923 288 * The maximum accumulation is based on one and one half (1 1/2) years’ worth of annual leave earnings. ** For the purposes of this schedule a day is defined as eight (8), ten (10) or twelve (12) hours pay at the employee’s regular base rate based on the assigned schedule. All accumulated vacation time shall be paid based on the maximum set. The balance will be allowed to accrue and be used beyond the maximum for accrual purposes only.
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Annual Leave Accumulation. Effective May 1, 2001, employees who, as of April 30 of any year have completed one (1) or more months of continuous employment with the Employer as an employee, shall receive annual leave time off in accordance with the following: On each May 1st, eligible employees will be credited with their annual leave entitlement per this section.
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Annual Leave Accumulation a) At the close of business on October 31st, of any calendar year, any accumulation of annual leave, which exceeds the maximum allowable accumulation (as outlined in subsection (b) shall lapse and credit for the excess leave shall not be carried forward to the month of November.
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Annual Leave Accumulation. The annual leave for each employee shall be the twelve (12) month period following the anniversary date of employment of the employee. During a transition year (i.e., a year during which an employee's anniversary will cause an increase in vacation), an employee will begin accruing at a higher rate on the first day of April prior to such anniversary. Annual leave, which is not used during the annual leave year, shall accumulate for use in succeeding years, but shall not exceed three hundred sixty (360) hours on April 1 of every year. Pay for accumulated leave upon termination, retirement or death shall not exceed a total of three hundred sixty (360) hours. Accumulated Annual Leave will remain in the employee's credit up to the maximum or subsequently reduced by the use of annual leave in excess of the employee's accrued leave during any annual leave year. The scheduling of accumulated annual leave time shall be at the discretion of the Fire Chief.
Sample 1
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Annual Leave Accumulation. (a) Annual Leave shall be credited in accordance with the New York State Attendance Rules. (b) Annual leave credits may be accumulated up to 40 days; provided, however, that in the event of death, retirement or separation from service, an employee compensated in cash for the accrued and unused accumulation may only be so compensated for a maximum of 30 days. An employee's annual leave accumulation may exceed the maximum of 40 days during a fiscal year, provided, however, that the accumulation of annual leave credits may not exceed 40 days on April 1 of any year.
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Related to Annual Leave Accumulation

  • Sick Leave Accumulation Employees shall be credited with sick leave at the rate of 8 (eight) days per year. The maximum number of days that employees may accrue is as follows: 2020-2023 60 days Sick days are non-compensable at the time of termination of employment.

  • Annual Leave Accrual If an employee leaves State Classified employment and is later rehired, he/she shall accrue annual leave at the same rate as a new hire. However, once a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for annual leave accrual. The only exception shall be for employees rehired who repay severance pay received.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

  • Maximum Accumulation Maximum accumulation amounts apply only to the amount of annual leave that may be carried over from one leave year to the next, and do not limit accumulated leave balances during the leave year.

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year During the first year of current continuous employment Ninety-six (96) During the second year of current continuous employment One hundred four (104) During the third and fourth years of current continuous employment One hundred twelve (112) During the fifth, sixth, and seventh years of total employment One hundred twenty (120) During the eighth, ninth, and tenth years of total employment One hundred twenty-eight (128) During the eleventh year of total employment One hundred thirty-six (136) During the twelfth year of total employment One hundred forty-four (144) During the thirteenth year of total employment One hundred fifty-two (152) During the fourteenth year of total employment One hundred sixty (160) During the fifteenth year of total employment One hundred sixty-eight (168) During the sixteenth year of total employment and thereafter One hundred seventy-six (176)

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

  • Variable Accumulation Period The Controlled Accumulation Period is scheduled to commence on the Stated Controlled Accumulation Period Commencement Date; provided, however, that if the Controlled Accumulation Period Length (determined as described below) on any Determination Date is different from the Initial Scheduled Controlled Accumulation Period Length, the Servicer, at its option on any Determination Date prior to the commencement of the Controlled Accumulation Period, may elect to modify the date on which the Controlled Accumulation Period actually commences to the last Business Day of any Due Period that precedes the Due Period that is the number of Due Periods prior to the Expected Final Payment Date equal to the Controlled Accumulation Period Length. Such election will be set forth in the Monthly Servicer Certificate. If the Servicer elects to modify the date on which the Controlled Accumulation Period commences pursuant to this Section 19, then on each Determination Date thereafter until the date on which the Controlled Accumulation Period commences the Servicer will recalculate the Controlled Accumulation Period Length; provided, however, that (i) the length of the Controlled Accumulation Period will not be less than the Minimum Controlled Accumulation Period Length and (ii) notwithstanding any other provision of this Series Supplement to the contrary, no election to postpone the commencement of the Controlled Accumulation Period shall be made after a Rapid Amortization Event (as described herein or in the applicable Series Supplement) shall have occurred for so long as it is continuing with respect to any Series in the Group to which the Series established hereby belongs. On each Determination Date, the Servicer will determine the "Controlled Accumulation Period Length" that will equal the number of Due Periods such that the Class Controlled Accumulation Amount for the Due Period related to the Class Expected Final Payment Date, when aggregated with the Class Controlled Accumulation Amounts for each preceding Due Period, will equal or exceed the Series Initial Investor Interest. Any notice by the Servicer electing to modify the commencement of the Controlled Accumulation Period pursuant to this Section 19 shall specify the following as determined on such Determination Date: (i) the Controlled Accumulation Period Length; (ii) the commencement date of the Controlled Accumulation Period; and (iii) the Class Controlled Accumulation Amount with respect to each class of such Series with respect to each Due Period. If the Controlled Accumulation Period Length as recalculated on any such Determination Date exceeds the number of full Due Periods following such Determination Date and preceding the Class A Expected Final Payment Date, the commencement date of the Controlled Accumulation Period will be such Determination Date.

  • Accumulation of Vacation Leave An employee who has earned at least ten (10) days' pay for each calendar month of a vacation year shall earn vacation leave of:

  • Leave Accrual After the first 30 days of active military service in any one calendar year, employees shall not accrue City-paid vacation, holiday, or sick leave benefits or other forms of paid leave; provided, however, that any public employee on military leave for intermittent training periods shall continue to accrue the same vacation, sick, and holiday leave up to a maximum period of 180 cumulative days per calendar year as if the employee had not been on military leave.

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