| ACAP (Accrued Compensable Absences Payables)? |
These accounts are used to pay lump sums payment for unused vacations when employees terminate, retire, or move to non-accruing positions. The ACAP accounts are funded each payroll by charging a small percentage to the employees costing allocation accounts similar to UCI (Unemployment Compensation Insurance) and WCI (Workers Compensation Insurance). This small percentage charge only applies to time-off eligible employees, including those on contracts and grants. The small percentage rate is adjusted annually based on historical usage. Starting September 1, 2020, TAMU faculty time-off payouts are funded by college funds, while TAMUG faculty continue using the ACAP accounts. Texas A&M University (TAMU) and Texas A&M University at Galveston (TAMUG) participate in ACAP, while Texas A&M University Health Science Center (HSC) does not participate in ACAP. HSC funds all lump sums for unused vacations centrally.