Accumulation of Paid Time Off Sample Clauses

Accumulation of Paid Time Off. Paid time off must be utilized within one (1) year after the employee’s anniversary date, except that a maximum number of days may be carried over to the next year on any anniversary date as reflected in Section 2.
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Accumulation of Paid Time Off. Paid time off must be utilized within one
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Accumulation of Paid Time Off. Employees may accumulate PTO up to a -maximum limit of 380 hours. Years of Service Maximum Limit 0 through 6 300 hours 7 through 12 360 hours 13 + years 380 hours Upon reaching the maximum limit, employees must make arrangements to reduce their account of PTO by a minimum of 10% of the hours in the account. Employees may accomplish this reduction by either taking PTO or exercising their "sell-back" option (see paragraph F.). Additional PTO shall not be accumulated in the employee's account until the account has been reduced by the minimum amount specified.
Sample 1
Accumulation of Paid Time Off. Full-time employees initially shall earn and accumulate Paid Time Off at the rate of 6.5 hours per biweekly pay period of paid employment up to a maximum accumulation of eight hundred (800) hours. After five (5) years of continuous service (Seniority), Full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 8.75 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand forty (1040) hours. After fifteen (15) years of continuous service, Full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 10.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand two hundred forty (1240) hours. After twenty-five (25) years of continuous service, Full-time employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 11.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one thousand four hundred forty (1440) hours. Part-time employees will accrue Paid Time Off and have a maximum accumulation at half the Full-time rate. For purposes of Paid Time Off accrual progression years of service shall only include time spent in Part-time and Full-time classifications. Employees who receive no wages or Paid Time Off from the District for an entire biweekly pay period will not accrue Paid Time Off for that pay period. Years of Service Biweekly Accrual Max Accumulation 0 up to 5 6.50 hours 100 days (800 hrs) 5 up to 15 8.75 hours 130 days (1040 hrs) 15 up to 25 10.50 hours 155 days (1240 hrs) 25 and over 11.50 hours 180 days (1440 hrs)
Sample 1
Accumulation of Paid Time Off. Employees shall earn and accumulate Paid Time Off at the rate of 6.5 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred (100) days. After five (5) years of continuous service (Seniority), employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 8.75 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred thirty (130) days. After fifteen (15) years of continuous service, employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 10.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred fifty-five (155) days. After twenty- five (25) years of continuous service, employees shall begin to, and thereafter shall, earn and accumulate Paid Time Off at the rate of 11.50 hours per biweekly pay period of paid employment up to a maximum accumulation of one hundred eighty (180) days. Employees who receive no wages or Paid Time Off from the District for an entire biweekly pay period or who has been on leave in excess of seventy (70) days will not accrue Paid Time Off for that pay period. Years of Service Biweekly Accrual Max Accumulation 0 up to 5 6.50 hours 100 days (800 hrs) 5 up to 15 8.75 hours 130 days (1040 hrs) 15 up to 25 10.50 hours 155 days (1240 hrs) 25 and over 11.50 hours 180 days (1440 hrs)
Sample 1
Accumulation of Paid Time Off a. PTO Schedule: Beginning of Accrual and Schedule: Regular Full-Time employees shall accrue PTO and Extended Sick. Leave (ESL) in accordance with the schedule given below, based upon their continuous length of Regular employment. PTO/ESL accrual is prorated for Regular Part-Time employees on the basis of hours paid during a pay period. Benefits begin upon the first day of employment, subject to the provisions described in the following sections. Length Of PTO Hours ESL Hours Approximate Service Accrued Per Accrued Per Total Combined Pay Period Pay Period Hours Per Pay Period During 1st Yr. 8.31 hrs. 1.54 hrs. 9.85 hrs. During 2nd - 4th 9.85 hrs. 1.54 hrs. 11.39 hrs. During 5th - 9th 1 1.39 hrs. 1.54 hrs. 12.93 hrs. During 10th + 12.93 hrs. 1.54 hrs. 14.47 hrs.
Sample 1
Accumulation of Paid Time Off. Paid time off is capped at 480 hours for full-time employees and 240 hours for part-time employees. Employees will stop earning paid time off once they have reached the cap. Bank 4 days in 1999 and 5 days in 2000 to be used as follows:
Sample 1
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Related to Accumulation of Paid Time Off

  • Accumulation of Vacation Vacation leave may be accumulated to any amount provided that once during each fiscal year, each supervisor's accumulation must be reduced to two hundred and seventy-five (275) hours or less. If this is not accomplished on or before the last day of the fiscal year, the amount of vacation shall automatically be reduced to two hundred seventy-five (275) hours at the end of the fiscal year. Supervisors on a Military Leave under Appendix I shall earn vacation leave as though actually employed, without regard to the maximum accumulation set forth above. Vacation earned in excess of the maximum accumulation shall be taken within two (2) years of the date the supervisor returns from the Military Leave.

  • Accumulation of Vacation Leave An employee who has earned at least ten (10) days' pay for each calendar month of a vacation year shall earn vacation leave of:

  • Paid Time Off The Executive shall be entitled to take paid time off in accordance with the Company’s applicable paid time off policy for executives, as may be in effect from time to time.

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

  • Unpaid Time Off All accruals must be exhausted prior to taking unpaid time off (unless eligible for EIT access).

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

  • Accumulation of Annual Leave A. During the first three (3) years of employment, a regular or limited term employee shall earn approximately five (5) hours and fifty-one (51) minutes of annual leave during each eighty (80) hour pay period (approximately one hundred fifty-two [152] hours per year), or a prorated amount for any pay period in which the employee is paid for less than eighty (80) hours.

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • 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)

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

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