American Stores Company and Subsidiaries - Page 16

                                       - 16 -                                         
          other types of compensated leave.  A number of factors determine            
          the type and amount of vacation pay available to an employee,               
          such as:  (1) The employing company; (2) the employee's job                 
          classification; (3) the employee's tenure with the employing                
          company; and (4) the employee's status as a union or non-union              
          worker.                                                                     
               Petitioner deducted $78,110,485 attributable to its vacation           
          pay liability on its return for TYE 8701, $24,171,499 of which is           
          in dispute in the instant case (the 1987 Vacation Pay).                     
          Petitioner deducted $62,841,617 attributable to its vacation pay            
          liability on its return for TYE 8801, $17,927,808 of which                  
          remains in dispute (the 1988 Vacation Pay).                                 
          A.  The Terms of the Vacation Benefits Plans                                
               Petitioner provided vacation pay benefits to its employees             
          under three basic plans:  (1) The American Stores Co. general               
          vacation plan and other plans providing similar benefits (herein            
          collectively referred to as the General Plan); (2) the Star                 
          Markets Non-Union Plan (the Star Markets Plan); and (3) the Acme            
          Markets Union Plans (the Acme Markets Plans).                               
               1.  The General Plan                                                   
               The General Plan is the vacation benefit plan most widely              
          used by petitioner.  Under this plan, once a covered employee               
          reaches the first anniversary of his initial hire date, he has              







Page:  Previous  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  Next

Last modified: May 25, 2011