ACCUMULATED VACATION AT SEPARATION Sample Clauses

ACCUMULATED VACATION AT SEPARATION. 1. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay.
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ACCUMULATED VACATION AT SEPARATION. Upon separation, an employee shall be paid for all unused, accrued and pro-rated vacation time based on the employee's current rate of pay. In the event of the employee's death, compensation for all unused vacation allowances shall be paid to his/her estate.
Sample 1
ACCUMULATED VACATION AT SEPARATION. 1. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay. The vacation payout will be done in a manner that will not cause an accelerated payment or penalty under the IMRF laws. Payment may be delayed up to at least thirty-one (31) days after the last regular paycheck.
Sample 1
ACCUMULATED VACATION AT SEPARATION 
Sample 1

Related to ACCUMULATED VACATION AT SEPARATION

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

  • SECTION 4 - VACATION 4.1 Employee shall be entitled to accrue and take vacation leave in accordance with the policy applicable to employees of Manitoba.

  • 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.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

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