Conversion to Pay. In accordance with the first payrolls in February, April, June, August, October and December of each year, an employee shall have the option to request the exchange of a total of up to twenty (20) holidays annually for their equivalent in salary, provided: (1) approval must be given by the Chief of Police and the City Manager, and (2) there are unused funds available in the police salary budget for payment. Any member with fifteen (15) years of service or more may cash in an additional forty (40) hours per year of holiday time earned, but not taken, for pay at the member’s current hourly rate.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement