Annual Accrual Sample Clauses

Annual Accrual. Sick Leave shall be earned by the full time unit members based upon the 8 number of days worked during the school year. The following shall apply:
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Annual Accrual. EMPLOYEE shall accrue PTO at the rate of 9.85 hours per pay period, in accordance with the provisions detailed in the NCTD Employee Handbook. EMPLOYEE’s accrual of PTO may be adjusted based on an accrual schedule adopted by the BOARD, and subject to change from time to time, at the BOARD’s discretion. The maximum amount of PTO that EMPLOYEE may accrue at any time is as established for NCTD employees and detailed in the NCTD Employee Handbook, which is subject to change on the same terms and conditions as other management-level employees.
Annual Accrual. At the beginning of each fiscal year, each employee who has satisfied the eligibility criteria set forth in Section 1 shall be credited with an additional number of wellness credits equal to the number of sick leave days they can accrue during a fiscal year. During the fiscal year, that number shall be reduced by subtracting one (1) wellness credit for each day of sick leave used. In no event, however, shall the number of wellness credits subtracted during a fiscal year exceed the number of sick leave days that can be accrued by an employee during a fiscal year. Once an employee has satisfied the eligibility criteria set forth in Section 1, this process of accruing wellness credits shall continue during each year of employment in the School District in a position covered by this Agreement, with no limit on the number of wellness credits that can be accrued.

Related to Annual Accrual

  • Annual Accounting The Custodian shall, at least annually, provide the Depositor or Beneficiary (in the case of death) with an accounting of such Depositor's account. Such accounting shall be deemed to be accepted by the Depositor or the Beneficiary, if the Depositor or Beneficiary does not object in writing within 60 days after the mailing of such accounting statement.

  • Benefit Accrual Seniority, for the purpose of vacation, pension and sick leave accrual shall be based upon an employee’s continuous length of service with WSF. Seniority, for the purpose of all other benefit accrual, shall be by bargaining unit-wide seniority based upon an employee’s continuous length of service or adjusted length of service within the bargaining unit.

  • Annual Leave Accrual If an employee leaves State Classified employment and is later rehired, he/she shall accrue annual leave at the same rate as a new hire. However, once a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for annual leave accrual. The only exception shall be for employees rehired who repay severance pay received.

  • Maximum Vacation Accrual Employees may accrue vacation up to a maximum of two hundred forty (240) hours. An employee who has reached the maximum accrual level may continue to accrue vacation until his or her next anniversary date, at which time any vacation accrued in addition to the two hundred forty (240) hour maximum accrual will be extinguished. With the written approval of the appropriate Vice President, an employee may accrue more than two hundred forty (240) hours of vacation when he or she is precluded from taking a previously scheduled vacation because of University needs. Any such written approval will specify a timeline for the employee to use any excess vacation accrual, after which any excess vacation accrual will be extinguished.

  • Vacation Accruals Length of Service Accrual Rate Per Month 0 - 10 yrs. 1 1/4 days 11 - 20 yrs. 1 2/3 days Upon completion of 20 years 2 1/12 days A staff member will be paid for vacation at the staff member’s base rate of pay.

  • Leave Accrual After the first 30 days of active military service in any one calendar year, employees shall not accrue City-paid vacation, holiday, or sick leave benefits or other forms of paid leave; provided, however, that any public employee on military leave for intermittent training periods shall continue to accrue the same vacation, sick, and holiday leave up to a maximum period of 180 cumulative days per calendar year as if the employee had not been on military leave.

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

  • Tax-Deferred Earnings The investment earnings of your IRA are not subject to federal income tax until distributions are made (or, in certain instances, when distributions are deemed to be made).

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