Accrued Vacation Time Not Used. Vacation time which is accrued, posted and unused at the time an employee leaves the employ of the BOARD shall be paid with the final pay to the employee.
Accrued Vacation Time Not Used. Vacation time which is accrued, posted, and unused, beyond forty (40) days, at the end of the fiscal year, will be converted to sick leave with one (1) day of vacation equal to one (1) day of sick leave. Conversion will occur no later than August 1 of each year. Vacation time which is accrued, posted and unused at the time an employee leaves the employ of the BOARD shall be paid with the final pay to the employee. The maximum number of vacation days that will be paid out at the time an employee leaves the employ of the BOARD will be forty (40) days.
