Vacation Pay-Off. Vacation leave may be accrued without limit. However, employees hired prior to July 1, 1995, may be paid for up to five hundred (500) hours of accrued vacation leave upon resignation, retirement, termination, or if transferred to a position that is not eligible to earn vacation leave. For employees hired after July 1, 1995, a maximum of four hundred and eighty (480) hours of accrued vacation leave may be paid upon resignation, retirement, termination, or if transferred to a position that is not eligible to earn vacation leave.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
