Financial Policies Training:Sick and Vacation Payout Schedule (2.7.1)

Effective: October 1, 2008

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.

Compensation for allowableUnused, accrued sick leave

Unused, accrued vacation time

At separation or retirement from UC

Employee’s responsibility toReturn 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

Sick and Vacation Payout Schedule (2.7.1)

Bi-weekly Paid ExampleDate of last regular paycheck: Tuesday, Jan. 6, 2009

Date of sick/vacation payout: Tuesday, Jan. 20, 2009

Monthly Paid ExampleDate of last regular paycheck: last workday of Jan. 2009

Date of sick/vacation payout: last workday of Feb. 2009

Sick and Vacation Payout Schedule (2.7.1)

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