Existing Vacation. Employees with an existing vacation balance as of June 30, 1987, will have the option of charging leave to either the vacation balance or the time management balance. At the time of termination or retirement, any vacation balance will be paid out at the then current salary rate on a one for one (1:1) basis.
Existing Vacation. An employee's existing vacation accrual will be preserved in a separate balance. Employees with an existing vacation balance will have the option of charging leave to either the vacation balance or the time management balance. At the time of termination or retirement, any vacation balance shall be paid out at the then current salary rate on a one for one basis.
Existing Vacation. At the time of termination or retirement, any vacation balance shall be paid out at the then current salary rate on a one for one (1:1) basis.
Existing Vacation. (1) Employees with an existing vacation balance will have the option of charging leave to either the vacation balance or the time management balance.
