Maximum PTO Accrual Sample Clauses

Maximum PTO Accrual. PTO hours continue to accrue until the employee’s PTO balance reaches one hundred fifty percent (150%) of the employee’s annual accrual (1.5 times the annual accrual rate). Once employee’s PTO balance falls below one hundred fifty percent (150%) of the employee’s annual accrual, the accrual of PTO hours would resume.
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Maximum PTO Accrual. PTO accumulated in the course of one (1) year of employment should be used before completing a subsequent year of employment. The PTO ceiling is four hundred and twenty-eight (428) hours and PTO does not accrue beyond that ceiling. When that ceiling is reached an employee may take vacation to remain below the 428 hour ceiling.
Maximum PTO Accrual. As of July 1, 1996, PTO may be accrued in an employee's account up to a maximum of five hundred twenty-five (525) hours. After reaching the maximum accrual of five hundred twenty-five (525) hours, no additional PTO shall be accumulated in an employee's account regardless of the number of hours worked by an employee covered by this agreement.
Maximum PTO Accrual. Eligible employees accrue earned PTO as follows with all employees receiving 6.67 hours per month in addition to the accruals listed below: YEARS OF SERVICE MONTHLY ACCRUAL 1st through 4th year 6.67 hours 5th through 10th year 10 hours After 10 years 13.33 hours
Maximum PTO Accrual. Incumbent Hospice Spiritual Counselors and Bereavement Services Coordinators who have a PTO balance in excess of the maximum accrual as of the effective date (first day of the pay period following 90 days after the date of ratification) may choose one of the following options:

Related to Maximum PTO Accrual

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. Annual Rate of Vacation Accumulation Maximum 80 hours 240 hours 120 hours 360 hours 160 hours 480 hours 180 hours 540 hours 200 hours 600 hours 240 hours 720 hours

  • 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.

  • Maximum Payments Nothing contained herein shall be deemed to establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Borrower to the Holder and thus refunded to the Borrower.

  • 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.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

  • 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.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Sick Leave Accrual Full-time employees will accrue eight (8) hours of sick leave in a calendar month. Part- time employees will accrue sick leave credit on the same proportional basis that their employment schedule bears to a full-time schedule, up to a maximum of eight (8) hours in a calendar month.

  • Accrual (a) An Employee's seniority shall commence after the completion of his/her probationary period and shall be retroactive to the date of his/her last hire.

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