Common use of Maximum Accruals Clause in Contracts

Maximum Accruals. All PTO in excess of 675 hours remaining as of the first pay period ending on or immediately before November 1 of each year shall be paid in full. The employee may opt to have this paid into their voluntary deferred compensation account 457 Plan, subject to annual limits.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding