Accrual Rate. Compensatory time for employees will accrue at the rate of one and one-half hours for each one hour of overtime worked.
Accrual Rate. (a) A full-time employee shall accrue eight (8) hours of sick leave per month.
(b) A full-time employee on leave without pay or a part-time employee shall accrue sick leave on a pro rata basis.
(c) Actual time in paid status, except for educational leave, shall be included in determining the pro rata accrual of sick leave each month.
Accrual Rate. Employees will earn their pension with an accrual rate of 2.5% for each year of service, subject to a cap of 75% of Final Average Compensation.
Accrual Rate. Subject to subsection 2.8.3, each Loan shall bear interest on the outstanding principal amount thereof from the date when made until it becomes due at a rate per annum equal to the LIBOR Rate or the Reference Rate, as the case may be, plus the Applicable Margin.
Accrual Rate. Sick leave shall be accrued by employees by applying the formula below at the rate of .0462 times (x) total credited hours without regard to the calendar year. Credited hours shall include all hours worked, including military leave, sick leave and vacation and shall exclude overtime, unpaid leave, disability and worker’s compensation. Typical assignments and minimum accruals are listed below. Example of calculations: Assignment Formula Accrual Needed 20 hrs/week 130 days worked X .0462 X 4 hrs/day 24.02 25 hrs/week 130 days worked X .0462 X 5 hrs/day 30.03 30 hrs/week 130 days worked X .0462 X 6 hrs/day 36.03 31 hrs/week 130 days worked X .0462 X 6.2 hrs/day 37.23 38.75 hrs/week 130 days worked X .0462 X 7.75 hrs/day 46.54 40 hrs/week 130 days worked X .0462 X 8 hrs/day 48.05
Accrual Rate. A. Employees covered by this Agreement shall accrue four (4) hours of illness leave for each eighty (80) regularly scheduled work hours on active pay status with a maximum accrual of 1,500 hours.
B. Employees with personal leave balances remaining from the 2008 excess illness leave conversion shall continue to have their personal leave hours scheduled and authorized in accordance with the provisions for annual leave.
C. Personal leave hours shall not be considered work time.
D. Personal leave hours shall not be donated or transferred to other employees or as donations to Union Pool Time.
E. Unused personal leave hours shall not be paid out upon separation from employment.
Accrual Rate. Each regularly scheduled employee with an assigned FTE of .5 or above shall accrue PTO as follows: Year of Service Accrual Rate (full-time equivalent) 1-4 (0-48 months) .10769 per hour (224 hours per year) 5-9 (49-108 months) .12692 per hour (264 hours per year) 10-14 (109-168 months) .14231 per hour (296 hours per year) 15-19 (169-228 months) .15000 per hour (312 hours per year) 20 (229 months) or more .15385 per hour (320 hours per year) PTO will accrue from the date of hire. PTO is accrued on all hours paid, up to eighty (80) hours in a pay period, excluding standby hours and donated PTO hours.
Accrual Rate. Permanent full-time employees shall be granted vacation leaves with pay at their regular rate as follows:
Accrual Rate a. For the first year of employment, vacation time will be earned at the rate of one
(1) day per month.
b. Beginning with the second year of employment, vacation time will be earned at the rate of one and one-fourth (1 ¼) days per month.
c. Beginning with the fifth year of employment, vacation time will be earned at the rate of one and one-half (1 ½) days per month.
d. Beginning with the tenth year of employment, vacation time will be earned at the rate of one and two-thirds (1 ⅔) days per month.
e. Beginning with the fifteenth year of employment, vacation time will be earned at the rate of two (2) days per month.
Accrual Rate. Each full-time employee in a regular, allocated position, shall accrue and accumulate sick leave at the rate of 3.680 in-service hours for each completed eighty (80) paid in-service hours. In-service hours include all hours in pay status excluding overtime. This accrual rate shall be adjusted to reflect any unpaid time in each pay period. Part-time employees, in allocated positions, shall be eligible to receive sick leave on a pro rata basis. Usage and accrual of said benefits shall be governed by the same rules and regulations applicable to full-time employees.
