Maximum Vacation Accruals Sample Clauses

Maximum Vacation Accruals. The maximum number of vacation leave days which may be accumulated by a member, is limited to the number, which he/she can accrue in sixteen (16) months of continuous service.
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Maximum Vacation Accruals. Each full-time and part-time regular employee shall be entitled to accrue vacation leave not to exceed a maximum of two hundred forty (240) hours. If the maximum vacation accrual is exceeded, the Employee shall forfeit all vacation accruals in excess of the maximum allowed under this section. If the maximum vacation accrual is exceeded through no fault of the employee, the City shall pay the employee for all vacation accruals in excess of the vacation accrual cap or the employee may choose to have the excess amount deposited into the employee’s VEBA account if such an account is established.
Maximum Vacation Accruals. 1. Unit employees hired on or before June 30, 2012 shall be allowed to continue to accrue unlimited vacation hours until June 30, 2016. 2. Unit employees hired on or after July 1, 2012 shall be allowed to accrue a maximum of three hundred and sixty (360) hours of vacation leave. Vacation hours earned in excess of the three hundred and sixty (360) hours accrued will be paid out to the employee on the following pay period. 3. Effective July 1, 2016, all unit employees shall only be allowed to accrue a maximum of three hundred and sixty (360) hours of vacation leave. Any vacation hours earned, on July 1, 2016 and continuing thereafter, in excess of the three hundred and sixty (360) hours accrued will be paid out to the employee on the following pay period. 4. Employees with greater than three hundred and sixty (360) hours accumulated as of June 30, 2016, or upon first entering the unit, shall be subject to the following: a) A primary vacation bank will be established with up to a maximum of three hundred (300) accumulated hours. b) A secondary vacation bank will be established with all accumulated hours in excess of three hundred (300) hours. An employee may not accrue any additional hours in this secondary vacation bank. c) Vacation hours earned on July 1, 2016 and continuing thereafter will be accrued in the primary vacation bank. Vacation hours earned in excess of three hundred and sixty (360) hours in the primary vacation bank shall be paid out to the employee on the following pay period. d) All payments shall be made based upon the employee’s current rate of pay at the time of payment, cash-out, or deposit into a deferred compensation plan. e) Vacation hours in the secondary vacation bank may be used for time off, cashed out, and/or deposited into the employee’s deferred compensation plan. 5. The option to cash-out, or make a deposit into a deferred compensation plan, from the secondary vacation bank will be subject to annual review and consideration by the City Manager, based upon the financial status of the City each fiscal year. Annual total cash-out availability for the unit will be determined each fiscal year. 6. For the remainder of the FY15/16, cash-outs and/or deposits into a deferred compensation plan from the secondary vacation bank will be limited to a maximum of twenty-five thousand dollars ($25,000) for the unit, based upon order of requests and limited to a maximum of twenty-five (25) hours per employee upon a two (2) week advance written r...
Maximum Vacation Accruals. 1. Unit employees hired on or before June 30, 2012 shall be allowed to continue to accrue unlimited vacation hours. 2. Unit employees hired on or after July 1, 2012 shall be allowed to accrue a maximum of three hundred and sixty (360) hours of vacation leave. Vacation hours earned in excess of the three hundred and sixty (360) hours accrued will be paid out to the employee on the following pay period.
Maximum Vacation Accruals. The Individually Represented Battalion Chief shall be entitled to accrue a maximum of 336 hours of vacation time when assigned to a fifty-six (56) hour per week shift and a maximum of 240 hours of vacation time when assigned to a forty (40) hour per week shift. An exception will be made for an employee who is absent from duty as a result of an industrial injury/illness, and who is concurrently precluded from utilizing vacation time, shall be allowed to accrue more than 336 hours as long as he/she remains absent from duty as the result of an industrial injury.
Maximum Vacation Accruals. The maximum amount of vacation that can be accrued is noted in the following maximum accrual chart: Maximum Accruals 40% Benefits 3 weeks or 15 days 72 hours 4 weeks or 20 days 96 hours 5 weeks or 25 days 120 hours 60% Benefits 108 hours 144 hours 180 hours 80% Benefits 144 hours 192 hours 240 hours 100% Benefits 180 hours 240 hours 300 hours 60% Benefits 108 hours 144 hours 180 hours 100% Benefits 180 hours 240 hours 300 hours

Related to Maximum Vacation Accruals

  • Vacation Accrual ‌ A. During the first three (3) years of employment, a full-time employee in a regular or limited-term position shall earn .0385 hours of vacation for each hour of pay during his or her regularly scheduled workweek (approximately eighty [80] hours per year). Part-time employees will earn vacation on a pro- rated basis. Such credit shall be applied to the employee's vacation accrual account only upon completion of each pay period. B. After an employee in a regular or limited-term position has been paid for six thousand two hundred forty (6240) regularly scheduled hours, the employee shall earn .0577 hours of vacation for each hour of pay during his or her regularly scheduled workweek (approximately one hundred twenty [120] hours per year), but not to exceed credit for more than eighty (80) regularly scheduled hours in any pay period. Such credit shall be applied to the employee's vacation accrual account only upon completion of each pay period. C. Commencing with the pay period following that in which the employee completed ten (10) years of continuous full-time County service (20,800 regularly scheduled hours), an employee in a regular or limited-term position shall earn .077 hours of vacation for each hour of pay during his or her regularly scheduled workweek (approximately one hundred sixty [160] hours per year), under the same terms and conditions as under subsection B., above. D. The maximum allowable vacation credit an employee may accrue at any one (1) time for employees with less than ten (10) years of continuous County service shall be two hundred forty (240) hours. The maximum allowable vacation credit an employee may accrue at any one (1) time for employees with ten (10) or more years of continuous County service (20,800 regularly scheduled hours) shall be three hundred twenty (320) hours. An employee who has accrued the maximum allowable vacation credit will not accrue additional credit until the employee’s vacation credit drops below the maximum allowed.

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

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

  • Sick Leave Accrual All eligible employees shall accrue sick leave at the rate of four (4) hours per pay period of continuous employment beginning with their date of eligibility. Eligible employees being paid for less than a full eighty (80) hour pay period shall have sick leave accruals pro-rated in accord with the schedule set forth in Appendix D.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year

  • Leave Accrual After the first 30 days of active military service in any one calendar year, employees shall not accrue City-paid vacation, holiday, or sick leave benefits or other forms of paid leave; provided, however, that any public employee on military leave for intermittent training periods shall continue to accrue the same vacation, sick, and holiday leave up to a maximum period of 180 cumulative days per calendar year as if the employee had not been on military leave.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year. (b) Notwithstanding the above, the Employer may grant a special request from an employee to carryover a maximum of five (5) vacation days into the next year. The employee shall specify in her request to the Employer the purpose for which she is seeking the carryover. (c) During the first year of employment, a full time employee with at least six

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in four (4) years. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the twelve (12) months, the employee will be paid for the time denied but no more than eighty (80) hours in a pay period. 80 hours 320 hours 120 hours 480 hours 160 hours 640 hours 180 hours 720 hours 200 hours 800 hours 240 hours 960 hours

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this agreement shall receive as vacation pay in accordance with the schedule under Article 9.04, the appropriate percentage of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. 9.02 When vacations are requested by more employees than can be reasonably scheduled to be away at any one time and still carry on efficient company operations, then the choice of those employees permitted to take their vacation will be insofar as possible based on customer requirements, efficient operation of the Shop, ability of employees to perform available work and length of service of the employees. 9.03 The Employer shall post annually during January a sheet on which employees may choose their vacation period. This list shall be completed by the employees no later than May 1. Any employee failing to select vacation time by May 1 will be deemed to have forfeited their privilege based on service credit, at that time, for vacation selection purposes. The Employer shall post the final vacation schedule no later than May 31. Any request for further changes to the final schedule must be made to the Employer giving the Employer at least four (4) weeks’ notice. If a Statutory holiday (as listed under Article 10.01) falls during an employee's vacation time, the employee will have the option to take that holiday at the end of the vacation period. This will be scheduled at the time the employee schedules his vacation. 9.04 Employees shall receive vacation time if requested in accordance with the provisions outlined below. Generally, two weeks may be taken in June, July and August, but with advance notice (per Article 9.03) and as mutually agreed, more may be taken. LENGTH OF SERVICE BASED ON DATE OF HIRING (as of July 1st of the current year) Vacation Pay Vacation Time 0 – 3 Months 4% 2 weeks After 3 Months 10% 3 weeks 9.05 The above amounts of vacation pay are remitted to the Union office with the regular monthly remittance.

  • VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay. a. Employees shall, upon hire, receive ten percent (10%) vacation pay, and up to three weeks of vacation. b. Employees with ten or more years of service with the Employer shall receive twelve percent (12%) vacation pay, and up to four weeks of vacation. 9.02 Vacation periods shall be arranged by mutual agreement between the Employer and each employee. Employees shall be granted their vacation periods as requested insofar as it is practical and in accordance with seniority, unless the Employer decides to grant all vacations at one time, in which case the Employer shall give the employees at least six (6) weeks advance notice. 9.03 The Employer agrees to remit the Vacation Pay of each employee as agreed upon in 9.01 of this Agreement and in accordance with the regulation set by the Employment Standards Branch, Ministry of Labour, monthly before, but not later than the fifteenth of the following month to the Union using a separate cheque marked "Vacation Pay", accompanied by a list on which all deductions and contributions as mentioned in 6.01, 13.02, 14.02a, 14.02b, 18.01, 19.01 and Schedule "A" are recorded. 9.04 In accordance with the agreement with the Employment Standards Branch, Ministry of Labour, the Board of Trustees of the Union's Vacation Pay Trust Fund, is obligated to take any steps which may be available to them either in law or in equity or in bankruptcy as may be necessary or desirable to effect collection from delinquent Employers. All costs incurred in the collection of said payment will be charged to such defaulting Employer. 9.05 The Employer agrees to give the auditor of the Union's Trust Fund the privilege to examine the Employer's records concerning hours and monies forwarded to the Union, if and when the auditor so desires. Any date for such an examination will be pre-arranged in writing between the auditor, the Employer and the Union.

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