Accrual Limits definition
Accrual Limits. Employees are allowed to accrue, and, therefore, carry over, up to 150% of their respective annual accrual, and at no time shall their vacation balance exceed the 150% maximum limit. The maximum accrual limits are as follows: Years of Service Annual 150% Maximum Limit
Examples of Accrual Limits in a sentence
Accrual Limits: Employees are allowed to accrue up to 150% of their respective annual accrual, and at no time shall their vacation balance exceed the 150% maximum limit.
Accrual Limits: Employees' existing vacation balances and dollar values was "frozen" at the beginning of the first pay period following execution of the 2015- 2017 agreement.
The Vacation Accrual Limits Are as Follows: 450 Hours for 40 Hour per Week Employees.
Annual Leave Accrual Limits Accrued and unused leave may be carried over to the next for the purpose of accumulating an Annual Leave Account, or reserve; however, as of the last full pay period of the calendar year an employee may not have more than 480 hours leave to his credit.