Vacation Accrual by Calendar Year Sample Clauses

Vacation Accrual by Calendar Year. A. All eligible employees shall receive a vacation based on the number of straight time hours paid* from the date of hire to the end of the calendar year in which hired and for each succeeding calendar year thereafter, however, an employee on an authorized leave of absence for illness or injury, shall not accrue additional vacation time. B. Eligible Regular employees shall accrue vacation benefits on the two (2) week vacation accrual formula beginning with the start of employment as a Regular employee through the end of the 4th year of service based upon formula "A" below. Eligible Regular employees shall accrue vacation benefits on the three (3) week vacation accrual formula beginning with the start of the 5th year of service through the end of the 14th year of service based upon formula "B" below. Eligible Regular employees shall accrue vacation benefits on the four (4) week vacation accrual formula beginning with the start of the 15th year of service based upon formula "C" below. Eligible Regular Employees shall accrue vacation benefits on the five (5) week vacation accrual formula beginning with the start of the twentieth (20th) year of service based on formula “D” below: Vacation hours accrued in a given year shall be available to be taken as accrued. Example: Regular employee hired on January 1, 1990 Years Dates of Employment Maximum Accrual Maximum Hours Available to Take 2 1/1/91 - 12/31/91 80 hrs 80 hours 3 1/1/92 - 12/31/92 80 hrs 80 hours 4 1/1/93 - 12/31/93 80 hrs 80 hours 5 1/1/94 - 12/31/94 120 hrs 80 hours 6 1/1/95 - 12/31/95 120 hrs 120 hours 7-13 1/1/96 - 12/31/02 120 hrs 120 hours 14 1/1/03 - 12/31/03 120 hrs 120 hours 15 1/1/04 - 12/31/04 160 hrs 120 hours 16 1/1/05 - 12/31/05 160 hrs 160 hours 17 1/1/06 – 12/31/06 160 hrs 160 hours 18 1/1/07 – 12/31/07 160 hrs 160 hours 19 1/1/08 – 12/31/08 160 hrs 160 hours 20 1/1/09 – 12/31/09 200 hrs 160 hours 21 1/1/10 – 12/31/10 200 hrs 200 hours HOURS PAID* PAID VACATION HOURS EQUIVALENT DAYS OFF 1800 80 10 1620 72 9 1440 64 8 1260 56 7 1080 48 8 900 40 5 720 32 4 540 24 3 360 16 2 180 8 1 HOURS PAID* PAID VACATION HOURS EQUIVALENT DAYS OFF 1800 120 15 1680 112 14 1560 104 13 1440 96 12 1320 88 11 1200 80 10 960 64 8 840 56 7 720 48 6 600 40 5 480 32 4 360 24 3 120 8 1 HOURS PAID* PAID VACATION HOURS EQUIVALENT DAYS OFF 1800 160 20 1710 152 19 1620 144 18 1530 136 17 1440 128 16 1350 120 15 1260 112 14 1170 104 13 1080 96 12 990 88 11 900 80 10 810 72 9 720 64 8 630 56 7 540 48 6 450 40 5 360 32 4...
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Vacation Accrual by Calendar Year. A. All eligible employees shall receive vacation based on the number of straight-time hours worked as well as vacation hours paid from the date of hire to the end of the calendar year in which hired and for each succeeding calendar year thereafter, however an employee on an authorized leave of absence for illness or injury, shall not accrue additional vacation time. B. 1. Vacation hours accrued during the calendar year shall become available to be taken by the employee during the calendar year in which they are accrued in eight (8) hour daily increments or forty (40) hour weekly increments, except as noted in paragraph two (2) below.
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Related to Vacation Accrual by Calendar Year

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

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

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

  • 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.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • Accumulation of Vacation Leave Credits An employee shall earn vacation leave credits for each calendar month during which the employee receives pay for at least ten (10) days at the following rate:

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • HOLIDAY COMPENSATION FOR TIME WORKED 110. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time-and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions of Section III.E.2. 111. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

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