Termination/Severance Pay. SECTION 1. Employees are entitled to compensation for accumulated but unused vacation leave only at the time of separation of service. Payment for accumulated but unused vacation leave and any earned compensatory time (pay) that is banked at separation is at the employee’s current rate of pay. Employees who leave employment prior to the completion of their first year are not entitled to receive compensation for accrued vacation hours.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement