Is there any vacation time accumulated for the month of July under the voluntary plan?
One must be on the payroll for 11 days in the month in order to accrue vacation, so those that choose to take the voluntary layoff would not receive vacation accrual for July. Posted: 06/12/2008 Q: A previous question was answered with the statement, “Flexible Spending Accounts are terminated on an employee’s last day of employment.” What happens to the outstanding balance or repayments being applied for at the time of termination? A: The flexible spending account is terminated on the last day of employment. Claims may be submitted for expenses incurred during the time the account was active. Claims may also be submitted until the end of the quarter after coverage was terminated. For example: if you terminate employment on June 30, 2008, your account terminates on June 30, 2008. You may submit expenses incurred from January 1, 2008 through June 30, 2008. You can submit those expenses for reimbursement until September 30, 2008. Posted: 06/12/2008 Q: What about the people who are not to
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- Is there any vacation time accumulated for the month of July under the voluntary plan?