Common use of Payoff of Unused Annual Leave Clause in Contracts

Payoff of Unused Annual Leave. A. During each fiscal year, an employee may request to be paid for accrued annual leave in either two (2) separate increments of up to forty (40) hours each or one (1) increment of up to eighty (80) hours. Such payment shall be made upon request unless the agency/department determines it is not economically or operationally feasible. In such case, payment shall be made as soon as feasible. It is the intent of this provision that the current practice regarding payment for vacation remain unchanged under the Annual Leave Plan. B. An employee separating from County service shall be paid in a lump sum payment for the unused annual leave balance as provided below: Years of Service Maximum Payoff Less than 3 years 240 hours maximum paid at 100% 3 but less than 10 years 320 hours maximum paid at 100% 10 or more years A maximum of 1600 hours of the accrued annual leave balance has cash value. 400 hours are paid at 100%; the remaining balance after the 400 hours are deducted, obtains cash value of 2% for each year of service, to a maximum of 50% i.e., 12 years of service equals 24% cash value for remaining balance; 25 or more years of service equals 50% cash value of the remaining balance after deducted from the 1600 hours maximum. C. Years of service as used herein shall be the equivalent of full-time continuous service hours in a regular position. Partial years of service will be prorated. An employee separating from County service by way of paid County retirement may elect either to take annual leave as time off or be paid for his or her annual leave in a lump sum payment. The amount of annual leave which can be taken as time off shall be limited to the amount of hours the employee is eligible to receive at 100%. The remaining balance (up to the allowed maximum less the hours taken as time off) shall be paid in accordance with the annual leave payoff provisions above.

Appears in 1 contract

Samples: Memorandum of Understanding

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Payoff of Unused Annual Leave. A. During each fiscal year, an employee may request to be paid for accrued annual leave in either two (2) separate increments of up to forty thirty (4030) hours each or one (1) increment of up to eighty sixty (8060) hours. Such payment shall be made upon request unless the agency/department determines it is not economically or operationally feasible. In such case, payment shall be made as soon as feasible. Employees in the class of Senior Real Property Agent may request to be paid for annual leave in either two (2) separate increments of forty (40) hours or one (1) increment of eighty (80) hours. It is the intent of this provision that the current practice regarding payment for vacation remain unchanged under the Annual Leave Plan. B. An employee separating from County service shall be paid in a lump sum payment for the unused annual leave balance as provided below: Years of Service Maximum Payoff Less than 3 years 240 hours maximum paid at 100% 3 but less than 10 years 320 hours maximum paid at 100% 10 or more years A maximum of 1600 hours of the accrued annual leave balance has cash value. 400 hours are paid at 100%; the remaining balance after the 400 hours are deducted, obtains cash value of 2% for each year of service, to a maximum of 50% i.e., 12 years of service equals 24% cash value for remaining balance; 25 or more years of service equals 50% cash value of the remaining balance after deducted from the 1600 hours maximum. C. Years of service as used herein shall be the equivalent of full-time continuous service hours in a regular position. Partial years of service will be prorated. An . X. Xx employee separating from County service by way of paid County retirement may elect either to take annual leave as time off or be paid for his or her annual leave in a lump sum payment. The amount of annual leave which can be taken as time off shall be limited to the amount of hours the employee is eligible to receive at 100%. The remaining balance (up to the allowed maximum less the hours taken as time off) shall be paid in accordance with the annual leave payoff provisions above.

Appears in 1 contract

Samples: Memorandum of Understanding

Payoff of Unused Annual Leave. A. During each fiscal year, an employee may request to be paid for accrued annual leave in either two (2) separate increments of up to forty twenty (4020) hours each or one (1) increment of up to eighty forty (8040) hours. Such payment shall be made upon request unless the agency/department determines it is not economically or operationally feasible. In such case, payment shall be made as soon as feasible. It is the intent of this provision that the current practice regarding payment for vacation remain unchanged under the Annual Leave Plan. B. An employee separating from County service shall be paid in a lump sum payment for the unused annual leave balance as provided below: . Years of Service Maximum Payoff Less than 3 years 240 160 hours maximum paid at 100% 3 but less than 10 years 320 240 hours maximum paid at 100% 10 or more years A maximum of 1600 hours of the accrued annual leave balance has cash value. 400 320 hours are paid at 100%; (400 hours for Real Property Agent I, II and III); the remaining balance balance, after the 320 hours (400 hours for Real Property Agent I, II and III) are deducted, obtains cash value of 2% for each year of service, to a maximum of 50% i.e., 12 years of service equals 24% cash value for remaining balance; 25 or more years of service equals 50% cash value of the remaining balance after deducted from the 1600 hours maximumbalance. C. Years of service as used herein shall be the equivalent of full-time continuous service hours in a regular position. Partial years of service will shall be prorated. An employee who is separating from County service by way of paid County retirement may elect either to take annual leave as time off off, or be paid for his or her annual leave in a lump sum payment. The amount of annual leave which can be taken as time off shall be limited to the amount of hours the employee is eligible to receive at 100%. The remaining balance (up to the allowed maximum less the hours taken as time off) shall be paid in accordance with the annual leave payoff provisions above.

Appears in 1 contract

Samples: Memorandum of Understanding

Payoff of Unused Annual Leave. A. During each fiscal year, an employee may request to be paid for accrued annual leave in either two (2) separate increments of up to forty twenty five (4025) hours each or one (1) increment of up to eighty fifty (8050) hours. Such payment shall be made upon request unless the agency/department determines it is not economically or operationally feasible. In such case, payment shall be made as soon as feasible. It is the intent of this provision that the current practice regarding payment for vacation remain unchanged under the Annual Leave Plan. B. An employee separating from County service shall be paid in a lump sum payment for the unused annual leave balance as provided below: Years of Service Maximum Payoff Less than 3 years 240 160 hours maximum paid at 100% 3 but less than 10 years 320 240 hours maximum paid at 100% 10 or more years A maximum of 1600 hours of the accrued annual leave balance has cash value. 400 320 hours are paid at 100%; the remaining balance balance, after the 400 320 hours are deducted, obtains cash value of 2% for each year of service, to a maximum of 50% i.e., 12 years of service equals 24% cash value for remaining balance; 25 or more years of service equals 50% cash value of the remaining balance after deducted from the 1600 hours maximumbalance. C. Years of service as used herein shall be the equivalent of full-time continuous service hours in a regular position. Partial years of service will be prorated. An . X. Xx employee who is separating from County service by way of paid County retirement may elect either to take annual leave as time off off, or be paid for his or her annual leave in a lump sum payment. The amount of annual leave which can be taken as time off shall be limited to the amount of hours the employee is eligible to receive at 100%. The remaining balance (up to the allowed maximum less the hours taken as time off) shall be paid in accordance with the annual leave payoff provisions above.

Appears in 1 contract

Samples: Memorandum of Understanding

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Payoff of Unused Annual Leave. A. During each fiscal year, an employee may request to be paid for accrued annual leave in either two (2) separate increments of up to forty twenty (4020) hours each or one (1) increment of up to eighty forty (8040) hours. Such payment shall be made upon request unless the agency/department determines it is not economically or operationally feasible. In such case, payment shall be made as soon as feasible. It is the intent of this provision that the current practice regarding payment for vacation remain unchanged under the Annual Leave Plan. B. An employee separating from County service shall be paid in a lump sum payment for the unused annual leave balance as provided below: Years of Service Maximum Payoff Less than 3 years 240 160 hours maximum paid at 100% 3 but less than 10 years 320 240 hours maximum paid at 100% 10 or more years A but less than 12 240 hours maximum of 1600 hours of the accrued annual leave balance has cash value. 400 hours are paid at 100%; the remaining balance after the 400 (to a maximum of 1600 hours) obtains cash value of 2% for each year of service, i.e., 10 years of service equals 20% cash value for remaining balance up to 1600 hours. 12 or more 320 hours are deducted, paid at 100%; remaining balance (to a maximum of 1600 hours) obtains cash value of 2% for each year of service, to a maximum of 50% i.e., 12 years of service equals 24% cash value for remaining balancebalance up to 1600 hours; 25 or more years of service equals 50% cash value of the remaining balance after deducted from the up to 1600 hours maximumhours. C. Years of service as used herein shall be the equivalent of full-time continuous service hours in a regular position. Partial years of service will be prorated. An . X. Xx employee who is separating from County service by way of paid County retirement may elect either to take annual leave as time off off, or be paid for his or her annual leave in a lump sum payment. The amount of annual leave which can be taken as time off shall be limited to the amount of hours the employee is eligible to receive at 100%. The remaining balance (up balance, to the allowed a maximum less the hours taken as time off) of 1600 hours, shall be paid in accordance with the payoff provisions in Section 5.B. and C. The amount of annual leave payoff provisions abovetaken as time off under this provision will be deducted from the amount of annual leave to be paid off at 100% upon separation. E. Notwithstanding any other provision of this Memorandum of Understanding, if an employee is killed in the line of duty, the employee’s estate shall be paid for one hundred (100) percent of the employee’s unused annual leave.

Appears in 1 contract

Samples: Memorandum of Understanding

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