Sick Leave Conversion Program. 1. Any employee having a sick leave balance of 344 hours or more as of the last pay period ending in October of each year shall be eligible to convert accrued sick leave to vacation on the following basis: a. This conversion program applies to sick leave hours earned but not used in the previous 12 months (eligibility period). b. Such sick leave shall be converted at the rate of two (2) sick leave hours for one (1) vacation leave hour not to exceed 48 hours of additional vacation leave hours. c. Any vacation earned by virtue of this conversion program shall be taken in accordance with Article VII. I. Employees who exceed maximum vacation accruals as a result of this conversion shall have twelve (12) months to reduce accruals below the maximum.
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Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding