Payment of Credits on Termination of Employment or Death

1.11 Payment of Holiday Credits or Outstanding Holiday Pay on Termination of Employment

Employers that operate the Holiday Credit Scheme must complete a Leavers Report to advise the SJIB of those Operatives who leave their employment.  The SJIB will transfer any outstanding credits to the Operative’s new employer on receipt of a New Starts Report from a participating employer.
On termination of the Operative’s employment, the SJIB shall provide details of any outstanding holiday credits purchased to the Operative.

Where an Operative is not employed by a participating employer the SJIB will pay any outstanding Holiday Pay direct to the Operative at the next appropriate holiday contribution pay out.

Operatives who leave the employment of employers who operate the Holiday with Pay Scheme shall be paid any outstanding Holiday Pay on the date of leaving.

1.12 Payment of Holiday Credits of a Deceased Operative

A sum equivalent to the total amount of holiday credits made to an Operative during any relevant Contribution Period less the appropriate administrative charge for that period shall, in the event of the Operative’s death, be paid upon proof of death, to the dependant or dependants of a deceased Operative or, in appropriate cases, to his personal representative(s) by the SJIB.  Dependants of the deceased shall include any of the following - spouse, partner, children, parents, brother, sister or any other nominated beneficiary.