Accrual Limits definition

Accrual Limits. Employees are allowed to accrue, and, therefore, carry over, up to 150% of their respective annual accrual, and at no time shall their vacation balance exceed the 150% maximum limit. The maximum accrual limits are as follows: Years of Service Annual 150% Maximum Limit Completion of ETP through year 5 10 days 15 days Beginning year 6 through year 10 15 days 22.5 days Beginning year 11 and greater 20 days 30 days At the discretion of the Valley Hi Nursing Home Administrator, employees may use vacation time in the calendar year in which it will be earned but prior to the actual accrual only if the employee agrees in writing that if they leave the employ of the County for any reason, they will repay any used vacation time that has not been earned, or allow for the deduction from their final paycheck of any unearned vacation that was used.
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Accrual Limits. Employees are allowed to accrue up to 150% of their respective annual accrual, and at no time shall their vacation balance exceed the 150% maximum limit. The maximum accrual limits are as follows: Years of Service Annual 150% Maximum Limit Completion of ETP through year 5 10 days 15 days Beginning year 6 through year 10 15 days 22.5 days Beginning year 11 and greater 20 days 30 days At the discretion of the Coroner, employees may use vacation time in the calendar year it will be earned but prior to the actual accrual only if the employee agrees in writing that if they leave the employ of the County for any reason, they will repay any used vacation time that has not been earned, or allow for the deduction from their final paycheck of any unearned vacation that was used.
Sample 1

Examples of Accrual Limits in a sentence

  • If an employee’s FTE falls below 50% in a pay period, they will not earn PTO for that pay period.4.05 Accrual Limits.

  • Accrual Limits: Employees are allowed to accrue up to 150% of their respective annual accrual, and at no time shall their vacation balance exceed the 150% maximum limit.

  • The main action was organised at the ULB (Université Libre de Bruxelles).

  • The Extended Leave Bank (ELB) is a bank of time separate from PTO that is intended for use in situations where the employee is absent from work due to medical necessity lasting more than three (3) days, or for events qualifying under the Family and Medical Leave Act (FMLA).4.07 Extended Leave Bank Accrual Limits.

  • An employee will be required to use PTO leave for the first three (3) days of any FMLA qualifying leave including, but not limited to, intermittent leaves.4.07 Extended Leave Bank Accrual Limits.

  • Personal Leave Accrual Limits Effective July 1, 2019, the number of personal leave hours which can be carried over from year to year is limited to a maximum of three (3) times the employees personal leave accrual.

  • An employee wishing to schedule vacation leave must receive approval for requested dates from his or her immediate supervisor.4. Accrual Limits A full-time employee may carry over up to a maximum of 80 hours of unused vacation to the following year.

  • Compensatory Time Accrual Limits Regular non-exempt employees may not accrue in excess of forty-two (42) hours of compensatory time.

  • There was a consensus among the Committee to revise language relating to the Vacation Accrual Limits.

  • Vacation Accrual Limits During Sick LeaveIf an employee should be on paid sick leave, the accrual of paid vacation shall continue until paid sick leave has been exhausted.

Related to Accrual Limits

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Overcollateralization Target Amount As of any Distribution Date, 1.30% of the Initial Aggregate Receivables Principal Balance.