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Sick and Vacation Payout Schedule Policy Training

This PowerPoint presentation covers the Sick and Vacation Payout Schedule Policy (2.7.1) effective October 1, 2008. It includes compensation details for allowable sick leave and accrued vacation time at separation or retirement from UC. Employees' responsibilities and payout schedules are outlined.

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Sick and Vacation Payout Schedule Policy Training

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  1. Financial Policies Training:Sick and Vacation Payout Schedule (2.7.1)Effective: October 1, 2008

  2. These PowerPoint slides are intended for training purposes. In the event of any discrepancy or interpretation difference between the policy and the slides, the policy dictates.

  3. Sick and Vacation Payout Schedule (2.7.1) • Compensation for allowable • Unused, accrued sick leave • Unused, accrued vacation time • At separation or retirement from UC • Employee’s responsibility to • Return tools, equipment, keys, ID, parking decals to appropriate university department/office • Complete exit interview process in HR • Payout Schedule: the pay period following issuance of employee’s final regular paycheck

  4. Sick and Vacation Payout Schedule (2.7.1) • Bi-weekly Paid Example • Date of last regular paycheck: Tuesday, Jan. 6, 2009 • Date of sick/vacation payout: Tuesday, Jan. 20, 2009 • Monthly Paid Example • Date of last regular paycheck: last workday of Jan. 2009 • Date of sick/vacation payout: last workday of Feb. 2009

  5. Sick and Vacation Payout Schedule (2.7.1) • The Policy (2.7.1): www.uc.edu/af/documents/policies/SickVacPaySched.pdf • Policy questions e-mail: policyquestions@uc.edu

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