Common use of Vacation Leave Transfer Clause in Contracts

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. 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. i. Except upon separation due to death, a mandatory transfer in the amount of 50100% of the balance of the employee’s 's unpaid vacation balance as of the date of his/her separation from County service. 2ii. This amount will remain fixed for the first year of the MOAyear. After the first year, the Association Association/uni on has the right, subject to approval of its members and according to the Association’s Association 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. 3iii. 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. 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 their 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. The County and the Association Association/Union 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. a. Except upon separation due to death, a mandatory transfer in the amount of 500% of the balance of the employee’s unpaid vacation balance as of the date of his/her separation from County service. 2. b. 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. c. 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. 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 500% of the balance of the employee’s 's unpaid vacation balance as of the date of his/her their separation from County service. 2. This amount will remain fixed for the first year of the MOAyear. After the first year, the Association Association/uni on has the right, subject to approval of its members and according to the Association’s Association 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. The County and the Association Association/Union 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. a. Except upon separation due to death, a mandatory transfer in the amount of 500% of the balance of the employee’s unpaid vacation balance as of the date of his/her separation from County service. 2. b. 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 D below. 3. c. 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. 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. a. Except upon separation due to death, a mandatory transfer in the amount of 500% of the balance of the employee’s unpaid vacation balance as of the date of his/her their separation from County service. 2. b. 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. c. 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. The County and the Association Association/Union 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 500% of the balance of the employee’s unpaid vacation balance as of the date of his/her their 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 D 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. 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 500 % of the balance of the employee’s '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 MOAyear. After the first year, the Association Association/uni on has the right, subject to approval of its members and according to the Association’s Association 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.