Accumulation of Personal Leave. Personal leave accrued but not used shall accumulate to a maximum of seven-hundred twenty (720) hours on June 30 of any calendar year. If a teacher has, as of June 30, an amount of personal leave in excess of seven-hundred twenty (720) hours, the excess shall be deducted from the employee’s personal leave balance and paid as cash. (For informational purposes only: the Teachers have deferred comp options available to address tax liability on leave cash-in).
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Bargaining Agreement, Collective Bargaining Agreement
Accumulation of Personal Leave. Personal leave accrued but not used shall accumulate to a maximum of seven-hundred twenty (720) hours on June 30 of any calendar year. If a teacher has, as of June 30, an amount of personal leave in excess of seven-hundred twenty (720) hours, the excess shall be deducted from the employee’s personal leave balance and paid as cash. (For informational purposes only: the Teachers have deferred comp options available to address tax liability on leave cash-cash- in).
Appears in 3 contracts
Samples: Bargaining Agreement, Bargaining Agreement, Bargaining Agreement
