Designation of Annual Leave Toward DROP Extension Sample Clauses

Designation of Annual Leave Toward DROP Extension. 1. Effective for all fiscal years beginning on and after July 1, 2019, eligible Local 145-represented employees who are officially approved by SDCERS as being in DROP, via the electronic communication to the City through the regularly scheduled PADE file, in accordance with the Chapter 2, Article 4, Division 14, §24.1402(b)(8) of the San Diego Municipal Code may designate annual leave toward DROP extension each fiscal year, subject to the following rules: a. If an employee fails to designate by June 30th each year, any of the annual leave hours they will earn in the following fiscal year toward DROP extension, their annual leave will accrue in accordance with the applicable Personnel Regulation, Index Code I-2. b. If an employee irrevocably designates by June 30th each year, a portion of the annual leave hours they will earn in the following fiscal year, the City will create an account where the eligible employee’s designated annual leave accruals will be credited. This account will be referred to as a “DROP Extension bucket” (“DROP EXT Bucket”) and will be kept separate from the employee’s annual leave accrual account or “annual leave bucket” (“AL Bucket”). The employee’s election must designate for the following fiscal year the amount of their annual leave being earned each pay period which they wish to have credited to the DROP EXT Bucket; this designation may be stated as an even percentage (e.g. 10%, 20%, 30%, 40%, etc.) of the leave earned during each pay period up to 100%. Starting with the first pay period of the fiscal year, the DROP EXT Bucket will be credited with the designated amount of the employee’s annual leave each pay period. Any annual leave being earned in a pay period which is not credited to the employee’s DROP EXT Bucket will be credited to the employee’s AL Bucket. The balance available in the employee’s DROP EXT Bucket, if any, will be specified on their timecard. c. An employee must make an irrevocable designation by June 30th each year, if the employee wishes to designate annual leave toward their DROP EXT Bucket for the following fiscal year. Designation of annual leave will not carry over from one fiscal year to the next fiscal year. An employee who fails to designate hours by June 30th each year, toward DROP Extension for the following year will be deemed to have elected not to participate and they will be prohibited from designating any annual leave toward DROP Extension during that year.
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Designation of Annual Leave Toward DROP Extension. 1. Effective for all fiscal years beginning on and after July 1, 2019, eligible Local 145-represented employees who are officially approved by SDCERS as being in DROP, via the electronic communication to the City through the regularly scheduled PADE file, in accordance with the Chapter 2, Article 4, Division 14, §24.1402(b)(8) of the San Diego Municipal Code may designate annual leave toward DROP extension each fiscal year, subject to the following rules: a. If an employee fails to designate by June 30th each year, any of the annual leave hours they will earn in the following fiscal year toward DROP extension, their annual leave will accrue in accordance with the applicable Personnel Regulation, Index Code I-2. b. If an employee irrevocably designates by June 30th each year, a portion of the annual leave hours they will earn in the following fiscal year, the City will c. An employee must make an irrevocable designation by June 30th each year, if the employee wishes to designate annual leave toward their DROP EXT Bucket for the following fiscal year. Designation of annual leave will not carry over from one fiscal year to the next fiscal year. An employee who fails to designate hours by June 30th each year, toward DROP Extension for the following year will be deemed to have elected not to participate and they will be prohibited from designating any annual leave toward DROP Extension during that year.
Sample 1

Related to Designation of Annual Leave Toward DROP Extension

  • Payment of Annual Leave Upon resignation, retirement, or dismissal of any employee in the bargaining unit, he/she shall receive a sum equal to the number of days of annual leave remaining to his/her credit, provided that any or all amounts may be applied to offset any amounts owed the state by the employee. In the event of death of an employee while in the bargaining unit, a sum equal to the number of days annual leave remaining shall be paid to his/her estate.

  • Taking of Annual Leave (a) An employee is entitled to take an amount of annual leave during a particular period if: (i) at least that amount of annual leave is credited to the employee; and (ii) the employer has authorised the employee to take the annual leave during that period. (b) In the taking of leave, the employee shall make written application to the employer, giving timely notice of the desired period of such leave. (c) Annual leave shall be taken in an amount and at a time which is approved by the employer subject to the operational requirements of the workplace. The employer shall not unreasonably withhold or revoke such approval.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.

  • Accrual of Annual Leave (a) An employee shall accrue an amount of paid annual leave, for each completed 4 week period of continuous service with the employer, of 1/13 of the number of ordinary hours worked by the employee for the employer during that 4 week period. (b) Annual leave shall accrue on a pro-rata basis and be credited to the employee monthly.

  • Use of Annual Leave The Employer may, upon request of a practitioner and with sufficient cause being shown, which may in the circumstances be with little notice, grant that practitioner single days of annual leave for pressing personal emergencies.

  • Annual Leave upon termination (a) On termination of employment, the value of any accrued but untaken annual leave shall be paid out to an Employee. (b) Leave loading will also apply to annual leave paid out upon termination.

  • Compensation for Breakage or Non-Commencement of Interest Periods Borrower shall compensate each Lender, as promptly as practicable after written request by such Lender (which request shall set forth the basis for requesting such amounts and shall be conclusive absent manifest error), for all reasonable losses, expenses and liabilities (including any interest paid or calculated to be due and payable by such Lender to lenders of funds borrowed by it to make or carry its Eurodollar Rate Loans and any loss, expense or liability sustained by such Lender in connection with the liquidation or deployment of such funds but excluding loss of anticipated profits) which such Lender may sustain: (i) if for any reason (other than a default by such Lender) a borrowing of any Eurodollar Rate Loan does not occur on a date specified therefor in a Funding Notice or a telephonic request for borrowing, or a conversion to or continuation of any Eurodollar Rate Loan does not occur on a date specified therefor in a Conversion/Continuation Notice or a telephonic request for conversion or continuation; (ii) if any prepayment or other principal payment of, or any conversion of, any of its Eurodollar Rate Loans occurs on a date prior to the last day of an Interest Period applicable to that Loan; or (iii) if any prepayment of any of its Eurodollar Rate Loans is not made on any date specified in a notice of prepayment given by Borrower.

  • Compensation for Work on a Holiday (a) Where an Employee is regularly scheduled to work, in accordance with Article 14, and their regularly scheduled day of work falls on a paid holiday, as defined in Article 18.01, they shall receive compensation equal to two and one-half (2 ½) times their regular rate of pay as follows: (i) compensation at one and one-half (1½) times their regular rate of pay, including the holiday pay, for the hours worked on the holiday; and (ii) time off with pay in lieu of the holiday on an hour-for-hour basis at a mutually acceptable time in accordance with Article 18.11. (b) Where time off with pay in lieu of the holiday has not been granted in accordance with Article 18.05(a)(ii), compensation shall be granted at the Employee’s regular rate of pay for those hours worked on the holiday.

  • Extended Absences In the event Tenant will be away from the Premises for more than 7 consecutive days, Tenant agrees to notify Landlord in writing of such absence. During such absence, Landlord may enter the premises at times reasonable necessary to maintain the property and inspect for damages and needed repairs.

  • Extension of Probationary Period III.6.3.3.1 Notwithstanding the various provisions above which define a maximum period of probationary service, a member who has had a pregnancy leave during her probationary period under IV.13.6.2

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