E
el blanco
Guest
Getting 6 vacation checks on one day will be a huge tax hit. So there is that too.
got 6 individual vacation checks taxed at the regular rate
no different than a normal vacation ck.
(only I did not have to go back)
Getting 6 vacation checks on one day will be a huge tax hit. So there is that too.
The company loves people like you.
By doing it your way:
-the company doesn't have to pay your benefits compared to if you actually took your 6 weeks in a row and;
-you don't get that extra vacation time/check that you would have gotten if you worked the first week of 2018 and then took your 6 weeks in a row as an active employee.
You saved the company a bunch of money.
I know people that have done this.
I don't know why this is so difficult.
I won't be here to find out but I am pretty sure that mine is the correct scenario.
They are not going to give you one check for 270 hours------the system is only setup to recognize 168 hours as the weekly limit.
You will receive 6 separate checks for 45 hours each taxed at their regular rate.
I also worked into the next year for some of the stated reasons, and because it meant a slight increase in my monthly pension
then I found the ideal date where all the factors were right for me, and planned backwards from there
My "ideal date" was my 30 year eligibility date.
If you work until October here, you get your full 6 weeks vacation pay for next year.Maybe you work with another system, but multiple drivers have retired before me and they work one day their seniority date(thus qualifying for 6 weeks vacation) retire the next day(thus qualifying for the 1st of the month paycheck) AND ON THE PRECEDING THURSDAY GET ONE CHECK FOR 270(6 weeks) HOURS.
Still don't know where you are getting this extra vacation week from.
Because you'll be taxed at a higher rate;
you won't get accrued vacation time and an additional check and;
you won't have health insurance on your paid out vacations.
Isn't your seniority date in 89.
We go by your seniority date.If you work until October here, you get your full 6 weeks vacation pay for next year.
Post #77
4 + 5 + 30 = 39 reports that should entitle you to a smaller additional check to pay out your accrued vacation time?
Your local supplement sucks. 2 weeks vacation after 2 years here. And 5&5 sick and personal days.We don't get option weeks.
We have 4 personal and 5 sick days.
We start at 2 weeks vacation at the 5 year mark with a max of 6 weeks at 25 years and beyond.
Already approved for March 1
Approved by the board for March 1 2018
Not bad but.
The day I retire, I might sing this song for awhile.