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 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 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 Date of sick/vacation payout: last workday of Feb Sick and Vacation Payout Schedule (2.7.1)

The Policy (2.7.1): Policy questions