Laserfiche WebLink
D. Absence on sick leave for a period in excess of fifteen (15) consecutive calendar <br />days shall not be considered as service for vacation accrual purposes. <br />E. Computation of Vacation. <br />1. If a holiday listed in Article 9 occurs during an employee's vacation, <br />vacation hours will not be deducted. For employees who choose to earn <br />holiday in lieu pay, they are already being paid for the holiday. If an <br />employee qualifies for sick leave while on vacation, the time will be <br />deducted from sick leave, not vacation. <br />2. With the exception of military leave, an employee who has a break in <br />service of one (1) year or less will continue to accrue vacation per Section <br />10.2(A). If an employee has a break in service of one (1) year or more, they <br />shall be considered a first year employee for purposes of accruing vacation. <br />F. Vacation Buy-Bac . By December 15 of each year, employees may make an <br />irrevocable election to cash out up to sixty (60) hours (one hundred twenty (120) <br />hours if they used eighty (80) hours in the calendar year they are making the <br />election) of vacation which they can accrue per year which will be earned in the <br />following calendar year at the employee's base rate of pay. In the following year, <br />the employee can receive the cash for the vacation they irrevocably elected to cash <br />out in either two (2) separate increments of up to thirty (30) hours (sixty (60) hours <br />if they if they used eighty (80) hours in the calendar year they are making the <br />election) hours or one (1) increment of up sixty (60) hours (one hundred twenty <br />(120) hours if they if they used eighty (80) hours in the calendar year they are <br />making the election) they can accrue in a year. <br />The employee would be paid one-half of what they irrevocably elect to cash out <br />hours on both the second pay day in July and the first pay day in December or the <br />employee can elect to be paid sixty (60) hours (one hundred twenty (120) hours if <br />they if they used eighty (80) hours in the calendar year they are making the election) <br />on the first pay day in December. However, if the employee's vacation balance is <br />less than the amount the employee elected to cash out (in the prior calendar year) <br />the employee will receive cash for the amount of vacation the employee has <br />accrued at the time of the cash out. <br />If an employee makes an irrevocable election to cash out vacation in the following <br />calendar year and uses vacation in that subsequent year, the vacation used will come <br />from vacation the employee had earned prior to January 1 of the year the employee <br />has elected to cash out vacation. This is to ensure that assuming an employee had <br />a vacation balance prior to January 1, the vacation used will not result in a reduction <br />in the amount of vacation the employee will be eligible to cash out. <br />37 <br />