Common use of Vacation Time Off - Cash Payment Clause in Contracts

Vacation Time Off - Cash Payment. Bargaining unit members who have completed six (6) continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation time off. Vacation time off payable under this section shall be computed and paid as prescribed by the Office of Financial Management. No contributions are to be made to the Department of Retirement Systems for lump sum payment of excess vacation leave accumulated nor shall such payment be reported to the Department of Retirement Systems as compensation.

Vacation Time Off - Cash Payment. Bargaining unit members RNs who have completed six (6) continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation time off. Vacation time off payable under section 10.2, 10.3, and this section shall be computed and paid as prescribed by at the Office RN’s regular rate of Financial Managementpay. No contributions are to be made to the Department of Retirement Systems systems for lump sum payment of excess vacation leave accumulated accumulated, nor shall such payment be reported to the Department of Retirement Systems as compensation.

Vacation Time Off - Cash Payment. Bargaining unit members RNs who have completed six (6) continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation time off. Vacation time off payable under this section shall be computed at the RN’s regular rate of pay and paid as prescribed by the Office of Financial Management. No contributions are to be made to the Department of Retirement Systems systems for lump sum payment of excess vacation leave accumulated time off accumulated, nor shall such payment be reported to the Department of Retirement Systems as compensation.

Vacation Time Off - Cash Payment. Bargaining unit members RNs who have completed six (6) continuous months of employment and who separate from service by resignation, layoff, dismissal, retirement or death are entitled to a lump sum cash payment for all unused vacation time off. Vacation time off payable under this section shall be computed at the RN's regular rate of pay and paid as prescribed by the Office of Financial Management. No contributions are to be made to the Department of Retirement Systems systems for lump sum payment of excess vacation leave accumulated time off accumulated, nor shall such payment be reported to the Department of Retirement Systems as compensation.