Vacation Leave Benefit Sample Clauses

Vacation Leave Benefit. Years completed from last hire date: Accrual Maximum number of days granted per year: At least: But less than: 1month 5 years 5/6 10 5 years 8 years 1 ¼ 15 8 years 10 years 1 1/3 16 10 years 12 years 1 5/12 17 12 years 14 years 1 1/2 18 14 years 15 years 1 7/12 19 15 years And up 1 2/3 20
AutoNDA by SimpleDocs
Vacation Leave Benefit. Eligible employees are granted vacation according to their appointment type and/or years of service in an annual vacation allotment. If vacation is not used within the year it is earned, it may be banked or carried over into the following year. If vacation is not used by the end of the carryover period, it is lost. Employees can bank (save) unused vacation in an Annual Leave Reserve Account (ALRA) for use at a later date. Banked leave does not expire and accumulates from year to year without limit. Banked leave can be used like any other paid leave. Banked vacation is also referred to as sabbatical. At retirement or termination of employment, any remaining unused vacation or banked vacation can be paid out as a lump sum on the final check, or used to extend time on payroll (with supervisor approval). The last employing department is responsible for these pay outs. In addition, when an employee changes positions, the hiring department has discretion on whether they will accept the employees ALRA balances or require that they be paid out from the previous employing department.
Vacation Leave Benefit. Present Rate Effective 9/13/2017 Effective 9/13/2018 Effective 9/13/2019 Effective 9/13/2020 2 weeks after 1 year 2 weeks after 1 year 2 weeks after 1 year 2 weeks after 1 year 2 weeks after 1 year 3 weeks after 8 years 3 weeks after 7 years 3 weeks after 7 years 3 weeks after 7 years 3 weeks after 7 years 4 weeks after 15 years 4 weeks after 14 years 4 weeks after 14 years 4 weeks after 13 years 4 weeks after 13 years APPENDIX “B” HEALTH & WELFARE BENEFIT The Company provides an hourly Health & Welfare (H&W) Benefit for each hour paid to a maximum of 40 hours per week as shown below. This contribution amount is applied to the cost of elected health insurance plans at the rates charged by the insurance carriers. Excess H&W funds may be taken as cash on bi-weekly payroll checks or deposited into the employee's 401(K), HSA or FSA accounts. If the cost of elected coverage exceeds the H&W benefit, then a deduction is made from the employee's bi-weekly payroll check. The cost of available group insurance plans are listed on a separate document. An employee may op-out of Medical coverage by selecting "UHC Package 4" as minimum coverage, however proof of outside medical coverage must be provided annually at the beginning of each open enrollment period. Health an Welfare contribution per hour paid Present Rate Effective 9/13/2017 Effective 9/13/2018 Effective 9/13/2019 Effective 9/13/2020 $4.27 $4.40 $4.5 3 $4.67 $4.81 GROUP INSURANCE

Related to Vacation Leave Benefit

  • Sick Leave Benefit There are two types of sick leave benefits. Annual sick leave is the sick leave days credited each year to each employee in accordance with the provisions of the local collective bargaining agreements. Banked sick leave is previously accumulated unused sick leave to which unused annual sick leave may be added at the end of each anniversary year.

  • VACATION LEAVE WITH PAY 14.01 The vacation year shall be from April 1st of one calendar year to March 31st of the following calendar year inclusive.

  • Vacation Leave A part-time employee shall earn vacation leave credits for each month in which the employee receives pay for at least twice the number of hours in the employee’s normal workweek, at the rate for years of service established in clause 34.02 of this Agreement, prorated and calculated as follows:

  • 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 Leave Credits ‌ Full-time and part-time employees will be credited with vacation leave accrued monthly, according to the rate schedule and vacation leave accrual below.

  • Sick Leave Benefits Sick leave is an indemnity benefit and not an acquired right. A Nurse who is absent from a scheduled shift on approved sick leave shall only be entitled to sick leave pay if the Nurse is not otherwise receiving pay for that day, and providing the Nurse has sufficient sick leave credits.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Vacation Leave Maximum Employees may accumulate maximum vacation leave balances not to exceed two hundred and forty (240) hours. However, there are two (2) exceptions that allow vacation leave to accumulate above the maximum:

  • Leave Benefits Paid leave is available to the Superintendent when the following specific conditions are met: (1) the Superintendent is currently employed by the District and (2) the paid leave day is taken on a day Superintendent would otherwise be expected to be at work.

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

Time is Money Join Law Insider Premium to draft better contracts faster.