Accumulation of Vacation. 5.2(a) Vacation credits are accrued daily and awarded weekly, with credits increasing on the basis of established increments as follows: Beginning Year of Company Service Annual Hours 5 to 9 120 10 to 14 136 15 to 24 160 25 or more 176 Company service date will be used to determine the credits to be awarded. Vacation credits may accumulate to a maximum of two (2) years of credit (as determined from above schedule). No additional vacation credits will be accrued until the number of credits in the account drops below the two (2) year maximum. Deviations to the two (2) year maximum accrual must be approved by the business unit Compensation organization. Vacation credits will not be accrued in excess of ninety (90) calendar days on a leave of absence.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
