What is ACAP?

ACAP accounts are used to pay lump sums for unused vacation when employees terminate, retire, or move to non-accruing positions, funded by a small payroll charge to time-off eligible employees. Starting September 1, 2020, TAMU faculty payouts are funded by college funds, while TAMUG faculty continue using ACAP accounts.

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.

• Accrued Compensable Absences Payable Operating Guidelines:  How Texas A&M University handles the payment of accrued compensable absences for employees.