4.2a ERMUSR 06-13-2023 - Laserfiche WebLink

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BENEFITS 39. GENERAL BENEFITS This handbook provides a brief description of benefits available to eligible employees. The descriptions provided here are not intended to be comprehensive and all questions regarding eligibility and benefit levels should be directed to your supervisor so the specific plan documents can be reviewed for an answer. The plan documents govern any inconsistencies between these documents and the information provided here. Benefits and eligibility requirements are subject to change, and such changes may not be reflected in this description. Further, to be clear, nothing in the Benefits sections or elsewhere in this Handbook creates a contract with specific terms between the Utilities and any employee. The Utilities expects to offer its benefit plans for the foreseeable future, but it reserves the right, in its sole discretion, to change, modify or eliminate them at any time, except to the extent prohibited by law. 40. VACATION All regular full-time employees shall accrue vacation according to the following schedule: Years of Service Accrued Per Pav Period Accrued Per Year 0-4 3.70 hours 12 days 5 4.00 hours 13 days 6-9 4.62 hours 15 days 10 4.93 hours 16 days 11 5.24 hours 17 days 12 5.54 hours 18 days 13 5.85 hours 19 days 14-15 6.16 hours 20 days 16-18 6.77 hours 22 days 19 7.70 hours 25 days 20-21 8.00 hours 26 days 22-23 8.31 hours 27 days 24+ 8.62 hours 28 days Vacation days accrue each pay period as shown in the table above. Paid vacation may be taken as soon as it is accrued. Accrual rates change, as applicable, on an employee's anniversary date. Example: If an employee's start date was July 1, 2016, the new accrual rate would start July 1, 2021. If an employee is on leave and using vacation on a basis of less than the regular eight -hour day, and so not receiving full vacation pay for each day, the accrual is calculated on a pro rata basis. 44 June 2023 61847929v4 122