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Beginning of the 18" <br />year <br />Beginning of the 19" <br />year <br />Beginning of the 201h <br />year <br />Beginning of the 21s' <br />year <br />Beginning of the 22nd <br />year through <br />completion of the 241h <br />year <br />Beginning of the 251h <br />year and thereafter <br />20.2 40/40/40 Vacation Payout Option <br />160 working hours per year <br />168 working hours per year <br />176 working hours per year <br />184 working hours per year <br />192 working hours per year <br />200 working hours per year <br />An Employee may request a one-time per year payout for forty (40) hours of accumulated vacation <br />in conjunction with taking forty (40) hours of vacation leave provided that after the reduction of the <br />eighty (80) hours the Employee retains a minimum vacation balance of forty (40) hours. The <br />irrevocable election to take the 40/40/40 option must be made by the end of the year prior to taking <br />the vacation and the vacation hours taken must be consecutive. The vacation payout will be made <br />the latter of when the Employee has earned forty (40) hours of vacation in the year or the pay period <br />following the vacation taken. <br />ARTICLE 21 - BEREAVEMENT LEAVE <br />Regular full-time Employees shall be eligible for bereavement leave per City Policy. <br />ARTICLE 22 - HOLIDAYS <br />22.1 All regular full-time Employees shall receive the following) twelve (12) holidays or a substitute day <br />off with pay. Employees scheduled to work on the following holidays will receive an additional one- <br />half (1 /2) times pay for each hour worked: <br />New Year's Day <br />Martin Luther King Day <br />President's Day <br />Memorial Day <br />Juneteenth <br />Independence Day <br />Labor Day <br />Veteran's Day <br />Thanksgiving Day <br />Day after Thanksgiving Day <br />Christmas Eve Day <br />Christmas Day <br />22.2 Regular full-time Employees who leave employment of the Employer under honorable <br />conditions shall be paid holiday earned on a pro -rated basis for the months of service worked in <br />that calendar year. Regular full-time Employees leaving the employment of the Employer during <br />a calendar year who have utilized more holiday time than would be earned on a pro -rated basis, <br />will be required to reimburse the Employer for time taken and not earned. Payment in lieu of <br />holiday time off of work, or days off of work in lieu of holidays will be on the basis of straight <br />time. Payment of unused holiday time shall be made by the Employer to Employees between <br />December 1 and December 31 of each calendar year. <br />10 <br />Page 159 of 273 <br />