Common use of Accrued Vacation Upon Retirement Clause in Contracts

Accrued Vacation Upon Retirement. An employee who voluntarily retires with reasonable notice shall be paid for vacation credit earned in the previous year, but not yet taken, and for vacation credit earned in the present year. In addition, if the employee notifies, in writing, the Chief of the Division of Fire of his intent to retire during the forthcoming year and the date of his retirement, on or before December 31 of the calendar year preceding the date of his retirement, the employee shall be paid for vacation credit earned in the previous year (second full year prior to the year of retirement), but not yet taken. The employee shall notify, in writing, the Chief of the Division of Fire of their intent to retire and date of anticipated retirement no less than six months prior to the date of anticipated retirement. If the employee fails to retire on the date provided to the Chief of the Division of Fire, all vacation credit from the second full year prior to the year of retirement shall be forfeited, unless: (1) The Chief of the Division of Fire approves a change in the employee’s date of retirement, and the retirement shall occur in the same calendar year as originally provided to the Chief of the Division of Fire; or (2) An unanticipated catastrophic event occurs which requires the employee to postpone his retirement. If the employee wishes to change his retirement date because of an unanticipated catastrophic event, the employee must submit a written request to the city Manager to carry over the earned vacation from the second full year prior to the year of retirement to the year in which the request is made. This request must be made on or before the date of retirement provided to the Chief of the Division of Fire. If the City Manager approves the carryover of the earned vacation credit, the vacation must be taken in the calendar year of the decision of the City Manager, and is subject to approval of the Chief of the Division of Fire as to when the vacation days may be taken. If the city Manager denies the carryover of the earned vacation credit, the employee may seek review by a mutual third party (agreed to by the City) at the cost of the employee. The employee may withdraw his notice of retirement at any time prior to December 31 of the year preceding his retirement. However, if the notice is withdrawn, the employee must take the earned vacation credit for the second full year prior to the year of retirement in the present calendar year.

Accrued Vacation Upon Retirement. An employee who voluntarily retires with reasonable notice shall be paid for vacation credit earned in the previous year, but not yet taken, and for vacation credit earned in the present year. In addition, if the employee notifies, in writing, the Chief of the Division of Fire of his intent to retire during the forthcoming year and the date of his retirement, on or before December 31 of the calendar year preceding the date of his retirement, the employee shall be paid for vacation credit earned in the previous year (second full year prior to the year of retirement), but not yet taken. The employee shall notify, in writing, the Chief of the Division of Fire of their intent to retire and date of anticipated retirement no less than six months prior to the date of anticipated retirement. If the employee fails to retire on the date provided to the Chief of the Division of Fire, all vacation credit from the second full year prior to the year of retirement shall be forfeited, unless: (1) The Chief of the Division of Fire approves a change in the employee’s 's date of retirement, and the retirement shall occur in the same calendar year as originally provided to the Chief of the Division of Fire; or (2) An unanticipated catastrophic event occurs which requires the employee to postpone his retirement. If the employee wishes to change his retirement date because of an unanticipated catastrophic event, the employee must submit a written request to the city Manager to carry over the earned vacation from the second full year prior to the year of retirement to the year in which the request is made. This request must be made on or before the date of retirement provided to the Chief of the Division of Fire. If the City Manager approves the carryover of the earned vacation credit, the vacation must be taken in the calendar year of the decision of the City Manager, and is subject to approval of the Chief of the Division of Fire as to when the vacation days may be taken. If the city Manager denies the carryover of the earned vacation credit, the employee may seek review by a mutual third party (agreed to by the City) at the cost of the employee. The employee may withdraw his notice of retirement at any time prior to December 31 of the year preceding his retirement. However, if the notice is withdrawn, the employee must take the earned vacation credit for the second full year prior to the year of retirement in the present calendar year.