Vacation Credit Accrual Sample Clauses

Vacation Credit Accrual. 7.2.3.1 Full-time Regular Instructors Full-time regular instructors shall accrue vacation credit within a fiscal year at the rate of 3 and 2/3* days (44* vacation days divided by 12) per month of assigned duty, including professional development, vacation and paid leaves. Payment for vacation days accrued shall be adjusted to reflect the time status at which the days were accrued throughout the fiscal year. *Note: 3 and 2/3 days = 18.33 hours 44 days = 220 hours
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Vacation Credit Accrual. Full-time Regular Instructors . . . . . . . . . . . . . .
Vacation Credit Accrual. Full-time Regular Instructors Full-time regular instructors shall accrue vacation credit within a fiscal year at the rate of 3 and days vacation days divided by per month of assigned duty, including professional development, vacation, and paid leaves. for vacation days accrued shall be adjusted to reflectthe time status at which the days were accrued throughout the fiscal year. * Part-time Regular Instructors Part-time regular instructors shall accrue credit within a fiscal year at the same rate as full-time regular instructors specified in Article but stall have payment for vacation days accrued adjusted to reflect the time at which the days were accrued throughout the fiscal year. * Term Instructors
Vacation Credit Accrual. Years of Qualifying Service Vacation credit actual rate (hrs per month) Maximum allowable credit (hrs) Less than 10 10 240 10 but less than 15 12 288 15 but less than 20 14 336 20 or more 16 384 1 Paid hours, excluding holiday hours.
Vacation Credit Accrual 

Related to Vacation Credit Accrual

  • Vacation Credit Any outstanding vacation entitlement for a person going on LTD will be paid in cash upon expiry of sick leave. The cash payment will be calculated on the base earnings at the expiration of sick leave for the prorated days of vacation entitlement, any outstanding lieu days, any outstanding floating statutory holidays, and banked time for 40-hour per week employees. No vacation entitlement, floating holidays, or banked time for 40-hour per week employees accrues while a member is in receipt of LTD benefits.

  • 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.

  • Borrowing of Unearned Vacation Credits With the approval of the Employer, an Employee who has been employed for a period of five (5) or more years may be granted five (5) days from the vacation leave of the next subsequent year.

  • 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.

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

  • 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.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year During the first year of current continuous employment Ninety-six (96) During the second year of current continuous employment One hundred four (104) During the third and fourth years of current continuous employment One hundred twelve (112) During the fifth, sixth, and seventh years of total employment One hundred twenty (120) During the eighth, ninth, and tenth years of total employment One hundred twenty-eight (128) During the eleventh year of total employment One hundred thirty-six (136) During the twelfth year of total employment One hundred forty-four (144) During the thirteenth year of total employment One hundred fifty-two (152) During the fourteenth year of total employment One hundred sixty (160) During the fifteenth year of total employment One hundred sixty-eight (168) During the sixteenth year of total employment and thereafter One hundred seventy-six (176)

  • 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.

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