—Vacation Payout Upon Separation. Employees eligible for vacation who have separated from the City because of retirement, resignation or termination shall have their PTO vacation and Personal PTO hours paid out as set forth in Appendix D.
—Vacation Payout Upon Separation. An employee who separates from the payroll after completing six (6) months on regular pay status shall be paid in a lump sum for any unused vacation balance at the employee's straight rate of pay. For purposes of this Article, an employee’s last day worked is considered the “separation date”.
—Vacation Payout Upon Separation. Upon separation from employment with the City, unused vacation time will be paid to the employee at the employee’s current base hourly rate of pay. Vacation payouts are treated as taxable income.
