Vacation at Retirement. No pay in lieu of vacation will be granted except upon retirement. Retirees will be paid for accumulated vacation upon retirement not to exceed 20 days.
Vacation at Retirement. An employee who resigns or retires after at least one year of service shall be entitled to compensation at their current rate of pay for any legally accrued and unused vacation leave to their credit at the time of separation. Upon separation from the Employer’s payroll, an employee shall be entitled to compensation at their current rate of pay for all lawfully accrued and unused vacation leave to their credit at the time of retirement. Payment shall not exceed the permissible three (3) year carry-over provided in this Article. In the case of death of an employee, any accrued, but unused vacation leave shall be paid to the administrator of the employee’s estate. In the event that a Supervisor or full-time employee elects a “step- down” to part-time status, all accrued vacation time present immediately prior to such “step-down” shall be paid out upon “step-down.”
Vacation at Retirement. Employees leaving on Superannuation, or upon leaving at reaching maximum retirement age, are entitled to vacation as follows: If retiring prior to March 3lst, they receive one-half (1/2) of the usual annual vacation. If retiring March 3lst or later, they receive the full annual vacation.
Vacation at Retirement. At retirement, an employee may request to work his/her final twelve (12) months employment without vacation in order to be eligible for pay in lieu of vacation. The maximum pay in lieu of vacation is thirty (30) days.
Vacation at Retirement. A retiring employee may receive a lump sum 28 cash payment for no more than 30 days of accumulated, unused vacation. In addition, 29 the employee will be given an opportunity to extend their retirement date to fully utilize 30 any additional accumulated, unused vacation days beyond thirty (30) days. 31
Vacation at Retirement. Employees leaving on Municipal Pension Plan, or upon leaving at reaching maximum retirement age, are entitled to vacation as follows: If retiring prior to March 3lst, they receive one-half (1/2) of the usual annual vacation. If retiring March 3lst or later, they receive the full annual vacation.
