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.
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
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
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