4.5. SR 03-15-2021 - Laserfiche WebLink

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10 ARTICLE 20. VACATION 20.1 Regular full time Employees shall accrue paid vacation leave on the following schedule: Length of Service Accrual Rate From start of employment through completion of the 5th year 88 working hours per year Beginning of the 6th year through completion of the 7th year 112 working hours per year Beginning of the 8th year through completion of the 9th year 120 working hours per year Beginning of the 10th year through completion of the 11th year 128 working hours per year Beginning of the 12th year through completion of the 13th year 136 working hours per year Beginning of the 14th year through completion of the 15th year 144 working hours per year Beginning of the 16th year through completion of the 17th year 152 working hours per year Beginning of the 18th year 160 working hours per year Beginning of the 19th year 168 working hours per year Beginning of the 20th year 176 working hours per year Beginning of the 21st year 184 working hours per year Beginning of the 22nd year through completion of the 24th year 192 working hours per year Beginning of the 25th year and thereafter 200 working hours per year Regular full-time and regular part-time Employees may carry up to 240 hours of unused vacation forward from one year to the next. 20.2 40/40/40 Vacation Payout Option An Employee may request a one-time per year payout for forty (40) hours of accumulated vacation in conjunction with taking forty (40) hours of vacation leave provided that after the reduction of the eighty (80) hours the Employee retains a minimum vacation balance of forty (40) hours. The irrevocable election to take the 40/40/40 option must be made by the end of the year prior to taking the vacation and the vacation hours taken must be consecutive. The vacation payout will be made the latter of when the Employee has earned forty (40) hours of vacation in the year or the pay period following the vacation taken.