ACCUMULATED VACATION AT SEPARATION. 1. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay.
2. In the event of the employee’s death, compensation for all unused accrued vacation allowances shall be paid to the employee’s designated life insurance beneficiary or, if none, the employee’s estate.
ACCUMULATED VACATION AT SEPARATION. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay. Upon retirement, the County may pay final compensation for accrued vacation in a manner that will not result in an accelerated payment under IMRF.
ACCUMULATED VACATION AT SEPARATION. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay. The vacation payout will be done in a manner that will not cause an accelerated payment or penalty under the IMRF laws. Payment may be delayed up to at least thirty-one (31) days after the last regular paycheck.
ACCUMULATED VACATION AT SEPARATION. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay. The vacation payout will be done in a manner that will not cause an accelerated payment or penalty under the IMRF laws. Payment may be delayed up to at least thirty-one (31) days after the last regular paycheck.
ACCUMULATED VACATION AT SEPARATION. Upon separation, an employee shall be paid for all unused, accrued vacation time based on the employee’s current rate of pay. Upon retirement, the County may pay final compensation for accrued vacation in a manner that will not result in an accelerated payment under IMRF.
