Method ofAccumulation Clause Samples

Method ofAccumulation. Beginning January I, 2013, vacation leave shall be accrned and credited each pay period, as eru·110d. Increases lo vacation accrual, ifany, will occur on the Employee's anniversary date after completion ofyears ofservice as listed in Section 22.2. An employee with an original hire date of June 1, 2010 would be eligible for vacation accrual as follows: n June 1, 2010 vacation accrual rate equals 135 hours per year, or 5.192308 hours per payroll period a June I, 2020 vacation accrual rate equals 189 hours per yeru; or 7.26923 1 hours per payroll period • June I, 2025 vacation accrual rate equals 225 hours per year, or 8.653 846 hours per payroll period • .June I, 2030 vacation accrual rate equals 252 how-s per year, or 9.692308 hours per payroll period