Vacation Leave Cash Payment. RNs who have completed six continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation leave. Vacation leave payable under section 12.4 and this section shall be computed at the RN’s regular rate of pay and paid as prescribed by the Office of Financial Management. No contributions are to be made to the Department of Retirement systems for lump sum payment of excess vacation leave accumulated 12.5, nor shall such payment be reported to the Department of Retirement Systems as compensation.
Appears in 15 contracts
Samples: Collective Bargaining Agreement, Transition Agreement, Collective Bargaining Agreement
Vacation Leave Cash Payment. RNs who have completed six continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation leave. Vacation leave payable under section 12.4 10.4 and this section shall be computed at the RN’s regular rate of pay and paid as prescribed by the Office of Financial Management. No contributions are to be made to the Department of Retirement systems for lump sum payment of excess vacation leave accumulated 12.5, nor shall such payment be reported to the Department of Retirement Systems as compensation.compensation.
Appears in 1 contract
Samples: Employment Agreement
Vacation Leave Cash Payment. RNs who have completed six continuous months of employment ofemployment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation leave. Vacation leave payable under section 12.4 +±A and this section shall be computed at the RN’s 's regular rate of pay and paid as prescribed presc1ibed by the Office of Financial ofFinancial Management. No contributions are to be made to the Department of Retirement systems for lump sum payment of excess vacation leave accumulated 12.5under Section -H-,-5, nor shall such payment be reported to the Department of Retirement Systems as compensation.
Appears in 1 contract
Samples: Transition Agreement
Vacation Leave Cash Payment. RNs who have completed six continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation leave. Vacation leave payable under section 12.4 +±A and this section shall be computed at the RN’s 's regular rate of pay and paid as prescribed presc1ibed by the Office of Financial Management. No contributions are to be made to the Department of Retirement systems for lump sum payment of excess vacation leave accumulated 12.5under Section -H-,-5, nor shall such payment be reported to the Department of Retirement Systems as compensation.
Appears in 1 contract
Samples: Transition Agreement
Vacation Leave Cash Payment. RNs who have completed six continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation leave. Vacation leave payable under section 12.4 10.2, 10.3, 10.4, and this section shall be computed at the RN’s regular rate of pay and paid as prescribed by the Office of Financial Management. No contributions are to be made to the Department of Retirement systems for lump sum payment of excess vacation leave accumulated 12.5, nor shall such payment be reported to the Department of Retirement Systems as compensation.
Appears in 1 contract
Samples: Employment Agreement