An employee who voluntarily resigns or retires from the College and who has been employed by the College for more than one year will be paid out their accrued but unused vacation leave based on the months actually worked in the current fiscal year. An employee whose employment is terminated due to position elimination, disability or death will be paid out all unused vacation for that fiscal year. Vacation is paid out at the employee’s then-current rate of pay.
Employees who are terminated for cause as determined by the College in its sole discretion (e.g. disciplinary or performance issues) will not be paid out accrued unused vacation.
Vacation that has carried over from a previous fiscal year is forfeited upon termination or separation from employment and will not be paid out.