Accrual Year definition

Accrual Year means the fiscal year in which Payable Sick Leave is earned.
Accrual Year means a year, commencing from each anniversary date of the Employee’s commencement in the Public Sector.
Accrual Year. , for an employee, means a continuous period of service of 12 months beginning on:

Examples of Accrual Year in a sentence

  • The amount of the payment shall be based on fifty percent (50%) of the employee’s regular hourly rate of pay in effect on December 31 of the Accrual Year.

  • The amount of the payment shall be based on one hundred percent (100%) of the employee’s regular hourly rate of pay in effect on December 31 of the Accrual Year.

  • The amount of the payment shall be based on seventy-five percent (75%) of the employee’s regular hourly rate of pay in effect on December 31 of the Accrual Year.

  • If an Eligible Employee does not transmit an election form to the employer on or before December 31, they shall be considered to have directed the Employer to NOT make a cash payment for sick leave accrued during the Accrual Year.

  • If an Eligible Employee does not transmit an election form to the employer on or before December 31, he/she shall be considered to have directed the Employer to NOT make a cash payment for sick leave accrued during the Accrual Year.

  • Except as otherwise required by law, vacation must be taken during the calendar year (the Vacation Usage Year) following the year in which the vacation was earned (the Accrual Year).

  • The calendar year in which vacation is accrued is “the Accrual Year.” The calendar year in which vacation is scheduled and taken is “the vacation Usage Year.” For all employees (excluding new hire probationary employees), vacation will be scheduled for and taken during the vacation Usage Year beginning January 1 following the Accrual Year in which the vacation was accrued.

  • Payment shall be made for the amount of sick leave accrued during the Accrual Year up to the amount indicated by the employee on their election form.

  • Payment to the employee who has elected to receive payment shall be based on the employee’s regular base rate of pay in effect on December 31 of the Accrual Year.

  • Payment shall be made for the amount of sick leave accrued during the Accrual Year up to the amount indicated by the employee on his/her election form.


More Definitions of Accrual Year

Accrual Year means the 12-month period commencing on the Original ------------ Issue Date and each 12-month period thereafter.
Accrual Year means the 12-month period commencing on the Original Issue Date and each 12-month period thereafter.
Accrual Year shall have the meaning set forth in Section 5.07(k)(ii).
Accrual Year means the twelve-month period for which charges shall be determined.
Accrual Year means the 12-month period during which a contractor may limit an employee’s accrual of paid sick leave to no less than 56 hours (see 29 CFR 13.5(b)(1)).
Accrual Year means the period commencing on November 7 in any ------------ calendar year and ending on November 6 in the immediately succeeding calendar year.

Related to Accrual Year

  • Accrual Period With respect to each Payment Date, the period beginning on and including the prior Payment Date (or, in the case of the first Payment Date, the Closing Date) and ending on and including the day preceding such Payment Date.

  • Accrual Date With respect to any Series or Class of Certificates, the date upon which interest begins accruing on the Certificates of such Series or Class, which shall be specified in the related Pooling and Servicing Agreement.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Accrual Yield means the rate specified as such in the applicable Final Terms; and