Vacation Leave Transfer Sample Clauses

Vacation Leave Transfer. The County and the Association agree that the County will make the following mandatory transfer, on a pre-tax basis, to the Trust on behalf of every employee who is a member of the bargaining unit represented by the Association. 1. Except upon separation due to death, a mandatory transfer in the amount of 50% of the balance of the employee’s unpaid vacation balance as of the date of his/her separation from County service. 2. This amount will remain fixed for the first year of the MOA. After the first year, the Association has the right, subject to approval of its members and according to the Association’s internal rules, to prospectively modify the amount of the mandatory transfer amount, and the County agrees to transfer the changed amount subject to the requirements set forth in Section E below. 3. The County agrees to make applicable amendments to the Terminal Pay Plans: Defined Benefit Pension Plan, Defined Contribution Savings Plan and Excess Benefit Savings Plan.

Vacation Leave Transfer. An Employee may donate accrued but unused vacation hours on an hour for hour basis to another employee who has exhausted all sick leave hours, pursuant to the following provisions: (a) An employee (donor) who has at least 80 hours of accrued vacation at the time of donation may donate a designated number of hours of his/her vacation accruals for a designated number of pay periods to a specific employee. (b) The election to donate must be in writing and approved by the District, and once made is irrevocable. (c) If an employee has a verified medical emergency expected to cause a prolonged absence of at least 80 hours, he/she may make a formal request to the Human Resources and Risk Division for donations of accrued but unused vacation hours of other employees, which may be donated and used after the exhaustion of all paid accruals. (d) The recipient may not receive more than 80 hours of donations in any one pay period and assumes tax liability for the value of hours donated at the time of usage.

Vacation Leave Transfer. Upon a Safety Employee's separation from City service, the City shall irrevocably transfer to the Trust, on a pre-tax basis same as other payroll deductions, an amount equal in value to 100% of the accrued vacation leave that would otherwise be paid to the employee for unused vacation leave under this Memorandum of Understanding. However, a Safety Employee, by written election made no less than 45 days prior to the employee's separation date, may also direct a portion of the accrued vacation leave to a qualifying 457 plan up to allowable annual contribution limits under Internal Revenue Service regulations. No Safety Employee shall be permitted to receive any portion of the accrued vacation leave transfer payment in cash.

Vacation Leave Transfer. An employee may donate prospective vacation hours on an hour for hour basis to another employee who has exhausted all sick leave credits, pursuant to the following provisions: a. An employee (Donor) who has at least 80 hours of accrued vacation at the time of donation may donate a designated number of prospective vacation accruals for a designated number of pay periods to a specific employee. b. The election to donate must be in writing and approved, and is irrevocable. c. An employee who has a verified medical emergency expected to cause a prolonged absence of at least 80 hours may make a formal request for donations to the Human Resources Division, which may be donated and used after the exhaustion of all paid accruals. d. The recipient may not receive more than 80 hours of donations in any one pay period and assumes tax liability for the value of hours donated at the time of usage.

Vacation Leave Transfer. Fire fighters may transfer accrued vacation leave (no other type of leave may be transferred) into a non-civil service employee’s Short Term Sick Leave/Family Leave account or into a civil service employee’s Sick or Family Illness Leave account in order to ensure continuing income for an employee who must be absent from work due to a major personal illness or injury or due to an immediate family member’s major illness or injury which requires the presence of the employee. In the event of conflict, the PRRs policy for Vacation Leave Donations shall apply. Donated leave will not count toward any minimum required leave usage provisions listed in this Article.