Examples of Accumulated leave in a sentence
All retiring employees within these designated groups must participate in the Accumulated Leave Plan.
Once the payroll department has determined the payout amount, the total amount of payout will be designated on the Accumulated Leave Plan Payout Form and signed by the Treasurer (or designee).
The Treasurer maintains the Adoption Agreements defining the eligible employee groups included in the Ada Exempted Village School District Accumulated Leave Plan.
Pay for Accumulated Leave ................................................................................
Following completion of the Accumulated Leave Plan Payout Form and obtaining signatures from both the VOYA Investment Advisor and the retiring employee, the completed form will be returned to the Treasurer’s office for payment by the Accounts Payable department.
The VOYA Investment Advisor will meet with the employee to determine the maximum that can be sheltered, to insure compliance with IRS regulations and to establish the employees Accumulated Leave Plan accounts.
Without limiting the kind of arrangements that may be suitable in any individual instance, family-friendly arrangements could include non-standard and variable starting and/or finishing times, parental leave, lactation breaks, State Service Accumulated Leave, part-time work, and job sharing.
All employees who turn 55 or older in the calendar year in which they retire will take part in an Accumulated Leave Plan that is offered by one of the following four companies: VOYA, MetLife Investors Group, Variable Annuity Life Insurance Co., or Xxxxxx Xxxx.
Severance monies shall be deposited into an Accumulated Leave Plan and/or a 457 Plan within sixty (60) days after the end of the fiscal year in which the Board accepted the retirement.
The payment shall be in the form of a contribution to an Accumulated Leave Plan as defined in this Agreement.