However, an exception to this rule is provided to individuals who are on certified medical leave immediately prior to the separation of employment.
All payments for accumulated vacation leave shall be paid in a lump sum, which shall be included on an employee's last payroll check (or the next available payroll check if the payroll cycle closed prior to inclusion of the payout).
Employees are eligible to receive a vacation leave payout in an amount equal to the current balance of vacation leave they have accrued as of the dates of their separations; however, employees are only entitled to receive payment for up to one (1) year's accrual of vacation leave. For example, an employee who has worked four (4) years at KSU is eligible to receive a payout of up to 15 days' worth of vacation leave upon separation. However, an employee who has worked twelve (12) years at KSU is eligible to receive a payout of up to 20 days' worth of vacation leave upon separation.
Terminal vacation leave will be paid out in the event of the death of an eligible employee. Such payout shall not exceed the amount of one (1) year's accrual of vacation leave.
Employees who are involuntarily laid off or terminated due to reductions in workforce and for reasons beyond their control will be given any leftover vacation leave they had earned during prior years of continuous service upon their reemployment with KSU.
Employees who voluntarily terminate employment with KSU and who are reemployed within one (1) calendar year shall receive any leftover vacation leave they had earned during their prior years of continuous service upon their reemployment with KSU.
Employees who resign from KSU in good standing and who are re-employed within one (1) calendar year shall receive their prior continuous service credits for the purposes of vacation leave accrual.
Termination Policy