Common use of Maximum Accrual of Vacation Time Clause in Contracts

Maximum Accrual of Vacation Time. In accordance with Section 4.254 of the LAAC, an employee may accumulate vacation hours of a maximum of two (2) annual vacation periods. Effective September 1, 2019, notwithstanding LAAC Section 4.254, employees shall be permitted to accumulate vacation time not to exceed three (3) annual vacation accrual periods. Such accrued vacation shall either be used by the employee or be paid in cash to the employee upon separation from City service by reason of resignation, discharge, retirement or death. In accordance with Section 4.248 of the LAAC, cash payment shall be at the salary rate current at the date of the separation.

Maximum Accrual of Vacation Time. In accordance with Section 4.254 of the LAAC, an employee may accumulate vacation hours of a maximum of two (2) annual vacation periods. Effective September 1, 2019, notwithstanding LAAC Section 4.254, employees shall be permitted to accumulate vacation time not to exceed three (3) annual vacation accrual periods. Such accrued vacation shall either be used by the employee or be paid in cash to the employee upon separation from City service by reason of resignation, discharge, retirement or death. In accordance with Section 4.248 of the LAAC, cash payment shall be at the salary rate current at the date of the separation. Benefits for part-time employees will be subject to Article 6.1 of this MOU.