Common use of Payment in Lieu of Vacation Clause in Contracts

Payment in Lieu of Vacation. Any unused vacation at the end of June 30th annually will be paid to the employee at the employee’s regular rate of pay. Such payment will be made with the second pay of July. Prior to June 30th, an employee may elect, by notifying the Treasurer’s office in writing or via email, to carry over no more than ten (10) days. At no time shall the total allocation of unused vacation days to be carried over exceed ten (10) total days.

Appears in 3 contracts

Sources: Master Agreement, Master Agreement, Master Agreement