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
View Source

Examples of Accrual Limits in a sentence

  • 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.

  • Accrual Limits: Employees' existing vacation balances and dollar values was "frozen" at the beginning of the first pay period following execution of the 2015- 2017 agreement.

  • The Vacation Accrual Limits Are as Follows: 450 Hours for 40 Hour per Week Employees.

  • Annual Leave Accrual Limits Accrued and unused leave may be carried over to the next for the purpose of accumulating an Annual Leave Account, or reserve; however, as of the last full pay period of the calendar year an employee may not have more than 480 hours leave to his credit.

Related to Accrual Limits

  • Annual Limit means the maximum amount claimable per person in a calendar year, unless otherwise stated.

  • Annual limit on intake or "ALI" means the derived limit for the amount of radioactive material taken into the body of an adult worker by inhalation or ingestion in a year. ALI is the smaller value of intake of a given radionuclide in a year by the reference man that would result in a committed effective dose equivalent of 0.05 sievert (five rem) or a committed dose equivalent of 0.5 sievert (fifty rem) to any individual organ or tissue. ALI values for intake by ingestion and by inhalation of selected radionuclides are given in appendix C to rule 3701:1-38-12 of the Administrative Code.

  • Technical Limits means the limits and constraints described in Schedule 2, relating to the operations, maintenance and dispatch of the Project.

  • Accrual Amount With respect to any Class of Accrual Certificates and any Distribution Date prior to the Accrual Termination Date, the amount allocable to interest on such Class of Accrual Certificates with respect to such Distribution Date pursuant to Section 4.02(a)(ii).

  • Territorial Limits means United Kingdom, the Channel Islands, the Isle of Man, all member countries of the European Union, Andorra, Croatia, Iceland, Liechtenstein, Norway and Switzerland. It also includes travelling, including loading and unloading, between these countries by air, rail or sea.