Pay for Accumulated Vacation Sample Clauses

Pay for Accumulated Vacation. Each City employee who leaves the employment of the City shall be granted all accumulated vacation or shall be paid therefore at his/her rate of compensation applicable at the time he/she leaves the employment of the City. Due to the fact that employees seldom terminate on the final day of a month, the following method shall provide for equitable payment for vacation earned during the month of termination. If an employee terminates on a day falling on the first (1st) through the fifteenth (15th) of a month, the employee shall receive credit for one-half (½) of the months’ vacation accrual; if an employee terminates on a day falling on the sixteenth (16th) through the thirty-first (31st) day of a month, the employee shall receive full credit for the vacation accrual for the month. No leave credit shall be earned on terminal leave payments. When separation is caused by the death of any employee, payment shall be made to the estate of such employee or, in applicable cases, as provided by the Probate Code of the State.
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Pay for Accumulated Vacation. A Management unit employee who leaves the employment of CITY shall be granted all accumulated vacation or shall be paid at his/her rate of compensation applicable at the time of separation. The following method shall be used to calculate final months’ vacation accumulation. If an employee terminates on a day falling on the first through the fifteenth of a month, the employee shall receive credit for one-half the months’ vacation accrual; if an employee terminates on a day falling on the sixteenth through the thirty- first day of a month, the employee shall receive full credit for the vacation accrual for the month.
Pay for Accumulated Vacation. An Employee in full-time status who is to be separated from the City service through resignation, retirement or xxxxxx and who has unused vacation leave to his credit, shall be entitled to compensation at this current rate of pay for all lawfully accrued and unused vacation leave to his credit at the time of separation, consistent with the limitations of this Article. An Employee in full-time status who is to be separated from service through removal for cause, and who has unused vacation leave to his credit, shall not be entitled to compensation for accrued and unused vacation leave to his credit at the time of separation.

Related to Pay for Accumulated Vacation

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

  • Sick Leave Accumulation a. All unused days of sick leave at full pay for all employees, shall accumulate to a maximum of two hundred ten (210) days. Such sick leave benefits so accrued will be usable after the annual full days allowed, and prior to any half pay benefits.

  • Accumulation of Vacation A. For the purpose of this Section, each biweekly pay period for which a full-time employee receives his or her full biweekly salary shall be considered the equivalent of eighty (80) regularly scheduled paid hours.

  • VACATION 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 Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no longer than the fiscal year immediately following the fiscal year in which it is earned.

  • 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:

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