Payment for Unused Vacation Leave. Leave time earned but unused at date of termination shall be added to final pay.
Payment for Unused Vacation Leave. Upon termination of employment, employees shall be paid for unused earned vacation leave from the prior year and prorated vacation leave which remains unused in the current year.
Payment for Unused Vacation Leave. An Employee who has been employed by the Township for a period of at least one (I) year and who resigns, retires, goes on disability, or dies is entitled to compensation at his or her current rate of pay for any earned but unused vacation leave to his or her credit at the time of separation, provided that the following has occurred:
1. The Employee has successfully passed the probationary period.
2. The Employee is not dismissed for cause.
3. The Employee gave at least 2 weeks' notice of resignation.
4. The Employee has returned all Township property and completed an exit interview.
5. The Employee will be compensated for: Unused vacation accrued at their monthly rate for the months worked during the calendar year that the Employee terminates employment. Employee will not be reimbursed for vacation time that was credited the first pay period of that year in advance of what would have been accrued monthly for the months actually worked.
Payment for Unused Vacation Leave. An employee who has successfully completed his/her probationary period and who separates from Department employment after six (6) months of service shall be paid for accumulated vacation benefits of up to three hundred sixty (360) hours. Upon separation, an employee may choose to be paid for the value of those 360 hours of vacation time in a lump sum or over a period of time. Regardless of how the vacation accrual is paid out, the employee's last day of actual work shall be considered his/her last day of employment and at that time the employee's active status ends. During the payout time attributable to the use of accumulated vacation leave after an employee's last day of actual work, no sick, holiday, personal or vacation leave shall be earned. Upon retirement, an employee's last day paid will be calculated incorporating any vacation payout and this will be the date used in determining the employee's length of creditable service. In the event of an employee's death after six (6) months of service, payment shall be made to the estate of the deceased employee in an amount equal to the total accrued vacation hours earned.
Payment for Unused Vacation Leave. (1) Upon termination from a position that accrues vacation leave, the University shall pay the faculty member for up to three hundred fifty-two (352) hours of unused vacation leave at the calendar-year rate the faculty member was accruing as of the faculty member last day of work, provided that a determination has been made by the University that the faculty member was unable to reduce the unused vacation leave balance prior to termination. The faculty member shall forfeit all unused vacation leave in excess of three hundred fifty-two (352) hours.
(2) Upon transfer from position that accrues vacation leave to an academic- year or Developmental-Research-School position within the University, the faculty member may elect to retain all unused vacation leave until such time, not to exceed two (2) years, as the faculty member transfers back to position that accrues vacation leave or terminates employment with the University. Upon such termination or at the end of two (2) years, whichever comes first, the unused leave balance shall be paid in lump sum for up to three hundred fifty-two (352) hours at the vacation rate the faculty member was accruing as of the faculty member last day of work in the position that accrued paid vacation leave.
(3) Upon entering into the Deferred Retirement Optional Program (DROP), a faculty member may elect to be paid up to the maximum payment allowed for the faculty member’s unused vacation leave. Such payment, along with any additional payment to be received upon separating from the University (end of DROP), shall not exceed the maximum payment associated with the faculty member’s established pay plan upon entering DROP.
(4) Upon layoff, a faculty member shall be paid for up to three hundred fifty- two (352) hours of unused vacation leave. For faculty members who are re-employed by the University within three hundred sixty-five (365) days after a formal layoff, all unused vacation leave shall be restored to the faculty member, provided the faculty member requests such action in writing and repays the full amount of any leave payment received at the time of layoff.
Payment for Unused Vacation Leave. An Employee is entitled to compensation, at his or her current rate of pay, for all accrued but unused vacation leave at time of separation. When an Employee dies while in paid status during County employment, any accrued but unused vacation leave to his or her credit shall be paid in a lump sum to the surviving spouse or to the estate of the deceased.
Payment for Unused Vacation Leave. Employees terminating employment will receive payment for all accrued vacation through the last day of active work as part of the final paycheck.
Payment for Unused Vacation Leave. Employees who leave the employment of the City shall be paid for all accrued vacation hours not used up to the maximum allowed pursuant to Section 12.2, or the employee may choose to have the excess amount deposited into the employee’s VEBA account if such an account is established.
Payment for Unused Vacation Leave. Employees who leave the employment of the Employer shall be paid for all accrued vacation leave not used.
Payment for Unused Vacation Leave. In any case where an employee dies, resigns, retires or other-wise terminates his employment with the Town and has to his credit unused vacation leave, the Town will pay said employee for his accumulated vacation leave up to a maximum of twenty-five (25) unused vacation days. Payment for each day shall be based upon one-fifth (l/5th) of the employee's weekly salary, at the time the Town pays said employee. Payment therefore shall be made within thirty (30) days following the death, resignation, retirement or other termination of the employee's employment. In any case where an employee dies and has to his credit unused vacation leave, the Town will pay the value thereof, up to a maximum of twenty-five (25) days, to said employee's estate or to his widow, if there be no estate, or to his children, if there be no estate nor widow. Payment for each such day shall be based upon one-fifth (l/5th) of the employee's weekly salary at the time of death. Payment therefore shall be made within thirty (30) days following the death of the employee.
