Browse leave, vacation, sick pay and severance codes.
VPT may describe unused vacation paid when employment or an appointment ends. Whether a payout is due and the amount owed depend on the applicable law and policy.
Employer-specific label: this is a possible interpretation. Confirm the full meaning in the codebook for the employer that issued your statement.
How to read this entry
Use the possible interpretation Vacation payout at termination alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
An approved payable balance of 14 hours at $25 produces an illustrative $350 gross payout.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Request the closing leave balance, the payout rate and any policy exclusions or caps.
Compare related entries
Read the leave, vacation, sick pay and severance codes guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on leave, vacation, sick pay and severance codes provides background on the underlying rules. It does not validate an individual employer’s internal abbreviation.