Annual Leave Cash Out. Except as provided for in Section A.5 of this Article, permanent employees will be paid for all unused annual leave upon retirement, death, or separation from University service at the rate of one hundred percent (100%) of the employee’s salary at the time of retirement, death, or separation.
Annual Leave Cash Out. 11.2.5.1 Employees covered under this Agreement shall have the opportunity to cash out Annual Leave twice per fiscal year, once in November and once in May, up to forty (40) hours per instance, so long as after cash out they have remaining balance that is greater or equal to two hundred (200) hours of banked Annual Leave.
Annual Leave Cash Out. Employees may elect to receive cash equal to the employee’s daily base wage for 8 hours minimum to 200 hours maximum of annual leave accrued but not taken provided the following conditions are met:
Annual Leave Cash Out. On one occasion each calendar year during the term of the MOU, an employee who had used eighty (80) or more hours of Annual Leave during the preceding calendar year may elect to convert up to sixty (60) hours of accrued Annual Leave into a cash payment, at the base rate of pay in effect at the time of the cash-out. In order to sell back Annual Leave, an employee must make an irrevocable election (i.e., pre-designation) during the month of December, specifying the number of hours to be sold back from the next year’s Annual Leave accrual. During the calendar year following the pre-designation, no more than three (3) requests may be made to cash out the Annual Leave in a single block of not less than eight (8) hours and no more than sixty (60) hours. An employee shall be eligible to cash-out Annual Leave hours accrued up to the preceding pay period in which he/she requested the cash-out. For example, an employee who requests a cash-out in pay period 15 can only cash-out the Annual Leave accrued through pay period 14. The number of hours requested for cash-out shall not exceed an amount equal to or less than the amount accrued. For example, an employee in December 2018 makes a pre-designation to cash-out 25 hours. The employee accrues 7.385 hours of Annual Leave per pay period. At the end of pay period 3 the employee can request to cash-out the 14 hours of Annual Leave that she had accrued through pay period 2, but is not yet eligible to cash-out the entire 25 pre-designated hours because the employee has yet to accrue 25 hours of Annual Leave. Once an election is made, if the employee does not request that the designated number of hours be sold back by pay period 25, or 26 when applicable, of the calendar year in which the election is effective, the hours will be automatically converted to cash in the last pay period of the calendar year.
Annual Leave Cash Out. 26 Upon separation from State service, an employee will be compensated in a lump sum payment for 27 any accrued but unused Annual Leave hours earned through the last day worked, provided the 28 employee has (6) months of continuous full-time service.
Annual Leave Cash Out. For the duration of this Agreement, and provided that Bargaining Unit employees are evaluated and compensated consistent with the Leadership Performance Review Program, Bargaining Unit employees have the option to cash-out accrued annual leave up to a maximum gross cash value of $4,000 once annually. Bargaining Unit employees opting to cash-out leave must have utilized at least 80 hours of leave (Annual Leave and/or Job Basis Leave) during the preceding 12 months and retain a balance of at least 40 hours of annual leave following the cash-out. Bargaining Unit employees are only eligible for the current Annual Leave Cash-out policy, and may not participate in either that Educational Expense and/or the Computer Purchase Annual Leave cash-out.
Annual Leave Cash Out. Employees who met the eligibility requirements for the annual leave cash- out prior to selecting the MBO, and predesignated to cash-out annual leave during the required pre- designation period while in the full benefit option, shall remain eligible to cash-out annual leave. However, employees enrolled in the MBO shall not be eligible to pre-designate to cash- out annual leave while enrolled in the MBO. NON-DISCRIMINATION County Fire shall not discriminate against any employee because of race, color, ancestry, sex, sexual orientation, age, physical or mental disability, medical condition, national origin, political affiliation or religion, or other basis as required by federal, state or local law. ON CALL AND CALL BACK COMPENSATION
Annual Leave Cash Out. Permanent Employees with Ten or More Years of Service Permanent employees with over one year of service in Unit X and over ten years of service in County employment may cash out up to one hundred-sixty (160) hours of their annual leave in any calendar year – if the following conditions are met:
Annual Leave Cash Out. 11.2.5.1 Officers covered under this Agreement shall have the opportunity to cash out Annual Leave twice per fiscal year, once in November and once in May, up to forty (40) hours per instance, so long as after cash out they have a remaining balance that is greater or equal to two hundred (200) hours of banked Annual Leave.
Annual Leave Cash Out. Employees may request payment and be compensated for up to 48 hours or ten percent (10%) of their annual leave balances, whichever is greater, each fiscal year between July 1 and December 31 of the applicable fiscal year during the term of this MOU. Employees may request payment and be compensated for up to five percent (5%) of their annual leave balance between January 1 and March 31 of any fiscal year except that payments between January 1 and March 31 may be halted when the City Manager declares that the City’s fiscal condition is such that it is not feasible to make such payments. The City will meet with the Association before making such declaration, but the final decision shall be at the City Manager’s sole discretion and shall not be grievable.
