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Colorado Employers May Need to Pay Out Accrued Vacation on Termination
Akerman Aug. 26, 2021 "The key to the Court's analysis is whether vacation time/pay that has accrued is the equivalent of accrued wages under the [Colorado Wage Claim Act (CWCA)], and therefore not subject to forfeiture. The Court applied a broad interpretation of the term 'accrued,' which, based on the facts of the Nieto case, includes vacation time subject to a time-vesting formula that is subject to a future event (the manner of termination)." [Nieto v. Clark's Market, No. 19SC553 (Colo. Jun. 14, 2021)] |
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