Accrual System Clause Samples

Accrual System. Employees shall be credited with forty (40) hours of sick leave front loaded each year and then two and sixteen one-hundredths (2.16) hours for each full pay period worked. Sick leave may be accrued without limit, except as provided for conversion to retirement.

Accrual System. Employees may accrue 15, 30, 45, or 60 days of sick leave based upon their election and written request. Change of option to increase total accrual may be accomplished at anytime by the employee in the following manner: Accrual account may be increased at any time by total number of days earned during the year (1 Jul - 30 Jun) or six (6) days a year at the employee’s written election (accrual increase). 15 to 30 days 30 to 60 days 30 to 45 days 45 to 60 days

Accrual System. Employees shall be credited with eight (8) hours of accumulated sick leave for each full calendar month actively employed by the City. All regular employees and all probationary employees (after 30 days employment) are allowed sick leave for non-occupational disability. Sick leave may be accrued without a limit, except as provided for conversion to retirement.

Accrual System. Vacation Accrual for Full Time Employees. An employee will receive a vacation accrual on the first pay date of a month if the employee has any time worked or paid time (as defined below) in the pay period that is paid on that pay date. The accrual on the first pay date of a month will be for that month, and will equal 1/12th of the current annual accrual (which is based on 2080 hours worked). The accrual process for employees who have absences from work will be based on whether the employee is paid for any time during the pay period that is paid on the first pay date in the month. “Paid time” includes time paid as if the employee had worked, including supplementation of S&A or workers compensation benefits as provided in the contract, but not including the S&A or workers compensation benefits themselves. Upon termination, vacation payout will still occur. As at present, payout of banked vacation time upon termination of employment does not result in additional vacation accrual. Vacation Accrual for Part-time Employees . Part-time unit employees will accrue vacation based on one of three possible categories of weekly hours: • 22 hours per week category = accrual assignment for up to 22 hours per week • 29 hours per week category = accrual assignment for 23 to 29 hours per week • 32 hours per week category = accrual assignment for 30+ hours per week In November of 2018 and each subsequent year, an employee’s category for the next calendar year will be determined as follows. • For each part-time employee who has been employed in that status for at least 13 full pay periods, ending with the last pay period that ends in November, the category for the next calendar year will be determined based on the employee’s average weekly hours during the period from the first pay period ending in the previous December through the last pay period ending in November. • A new part-time employee will be in the 29-hour category until they have been employed in that status for 13 full pay periods as of the end of the last pay period that ends in November, after which their category for the next calendar year will be based on the average weekly hours calculation. Average weekly hours will include both time worked, and paid time as described above under “CGI Vacation Accrual for Full Time Employees”. Average hours will be rounded up to the nearest hour (for example, 22.01 average hours will be rounded up to 23 hours). The monthly accrual will be awarded on the same day as above fo...

Accrual System. The PTO formula was devised for an employee who works 2080 hours per year to pool 48 hours (6 days) of holiday pay, and vacation and personal day pay into one bank to be used for holiday pay, , vacations, family emergencies, religious observances, and other excused elective absences. PTO shall begin accruing as of the first day of employment; provided PTO shall not be used (except in the case of an Employer holiday) or subject to being cashed out until completion of probation. Employees shall accrue leave based on hours worked, low census hours, education hours, bereavement leave hours, holiday worked, and PTO and EII hours, and overtime hours up to 80 hours per pay period, in accordance with the following schedule: Years of Service Per Hour Max. Annual Accumulation Total Accumulation 0-5 yrs. .0923 192 hours 288 hours 5-15 yrs. .1154 240 hours 360 hours 15+ yrs. .1346 280 hours 420 hours Extended Illness Insurance (EII) shall begin accruing the first day of employment at the rate of .0346 per worked hour and low census hour regardless of years of service. The rate is equivalent to nine days per year (72 hours) for an employee who works 2080 hours per year. EII will be carried over from year to year to a maximum of 720 hours accumulated hours. EII is to be used for illness, doctor, dental or eye appointments, care of an ill child under the age of 18, maternity leave, or any other health related absences. When a Registered Nurse has unused EII in excess of 720 hours on November 30, s/he will receive payment of 50% of said excess unused hours at his/her base hourly rate of pay, exclusive of differentials and premium pays, to be paid on the last pay check of the calendar year. Example: If you have 792 hours of EII on November 30, 2009, you will be cashed out of your excess EII hours. On your last paycheck of the calendar year, you will receive payment for 36 hours of EII at your base rate. Your EII balance will be reduced by 72 hours to 720 hours to begin the new year. PTO may only accumulate to 1-1/2 the amount earned per year. Employees may convert up to 3 PTO days to EII days annually. PTO days not used on a timely basis or transferred to the employee's EII will be lost. Regular part-time employees are entitled to holiday, initial sick days, etc., with the option of claiming their PTO on a pro rata basis of hours worked. The percentage for pro-rating will be calculated using the number of hours the employee worked during the previous quarter. Per-diem empl...