Vacation Credits. All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.
Vacation Credits. A deduction from an employee’s vacation credits will be made for each day of approved vacation leave of absence as follows: (Prorating determined by length of workday. For an employee on Schedule 4, off on a ten (10) hour day, deduct 10/8 x 1 credit = 1.25 credits. For an employee on Schedule 4, off on a twelve (12) hour day, deduct 12/8 x 1 credit = 1.5 credits.) A partial day’s absence will be prorated on the same formula.
Vacation Credits. For purposes of computing vacation credit, an employee who works eleven (11) or more days in a monthly pay period is considered to have completed a month, a month of service, or continuous service. When an absence without pay of more than eleven (11) consecutive working days falls into two (2) consecutive qualifying monthly pay periods, one (1) of the pay periods is disqualified.
Vacation Credits. The words "vacation credits" when used in this Agreement shall mean earned vacation entitlement in hours based on service and accumulated on a bi-weekly basis.
Vacation Credits. Employees on approved leave of absence shall continue to accrue vacation credits with the following exceptions:
i) General leave of absence in excess of one (1) month;
ii) Deferred salary leave;
iii) Full-time Union and public duties.
Vacation Credits. Employees retired, deceased, or whose employment is otherwise terminated, will at the time of separation be paid all vacation credits owing to them.
Vacation Credits. Effective April 1, 2013(1)
Vacation Credits. Vacation credits are administered on a calendar year basis. In order to earn the monthly vacation leave credit, employees must receive salary for at least ten (10) days in the calendar month. New employees shall earn vacation leave at the rate of 9.375 hours per month (one and one quarter (1 and ¼) days per month). After six (6) calendar months of service, they shall be credited with vacation leave to the extent of the amount that they shall earn to the end of the vacation reference year. Employees who have completed six (6) months’ or more service with the Company by December 31st each year shall be credited with annual vacation as follows:
Vacation Credits. Upon Death Earned but unused vacation entitlement shall be made payable, upon termination due to death, to the employee's dependant, or where there is no dependant, to the employee's estate.
Vacation Credits. (i) a term employee will be entitled to vacation leave with pay earned at the rate of 1 day per month for each full month of employment.
(ii) any credit balance of accrued vacation leave standing on the leave account of a term employee shall be commuted to cash, on the day of separation from employment, at the rate of his/her last salary, otherwise, accrued vacation leave is not commutable to cash.
