UTILIZATION OF ANNUAL VACATION CREDITS. Vacation credits accrued in the previous vacation year (January 1st to December 31st) must be used or banked (Article 18.11) prior to Leave Without Pay.
UTILIZATION OF ANNUAL VACATION CREDITS Sample Clauses
Related to UTILIZATION OF ANNUAL VACATION CREDITS
Vacation Credits All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.
Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.
Service Credits Employees on pregnancy leave shall be entitled to normal accumulation of service credits for the duration of the pregnancy leave.
Vacation Year The vacation year shall be April 1 to March 31, inclusive.
Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no later than the fiscal year immediately following the fiscal year in which it is earned. Following the completion of six (6) months of service, the employee shall be entitled to use earned paid vacation.
