I worked for a company that had a policy to only pay you for 40 hours of accumulated PTO upon separation. It looked like we were in danger of losing the contract and I had a vacation planned to celebrate a birthday milestone of my girlfriend's. My boss passed on to me that the owner said this wasn't a good time for me to be taking vacation. I called the owner and expressed my concern that if I didn't take the vacation, I would lose the PTO if we did lose the contract and I got laid off. I was verbally promised that wouldn't happen. When the layoff happened after all, I got a termination letter promising me "all accumulated leave." I got a check for 40 hours (I had over 100 at the time). When I called them on it, they claimed the letter meant "all accumulated leave up to 40 hours as specified in the employee handbook." The owner got selective amnesia about the promise to pay me everything if I cancelled my vacation. I had to file a grievance with the state Labor Relations agency. It took 3 or 4 months, but I finally got what was promised me. MY GF works for a company that will automatically cash out any accumulated PTO in excess of a certain amount at the end of the year at the rate of 80%. She has been with them a long time and earns way more PTO than me, so she typically gets a nice check around February.