Annual Cash Out. In January of each year, eligible faculty may elect to participate in the attendance incentive program authorized by RCW 28B.50.553 and cash out unused Personal Leave accrued during the prior calendar year, subject to the following:
Annual Cash Out. 36 Employees accruing vacation are eligible to cash out up to five (5) days of 37 vacation at their hourly rate of pay per year so long as a minimum of ten (10) 38 days is maintained. 39
Annual Cash Out. An Annual Leave Cash Out Program (Attendance Incentive Program) shall be implemented as provided for in appropriate state law. On the effective date of this Agreement that program authorized by law is described below. If during the term of this Agreement the Legislature modifies the program as specified below, this Agreement shall be deemed to be amended to conform with such modifications. If during the term of this Agreement, the law authorizing such a program to be negotiated is nullified or repealed, the parties hereby agree that the program outlined herein shall also be nullified, provided the parties agree to immediately negotiate over the issue regarding whether to continue with the same or modified program or to let the Agreement stand with no such program. The Attendance Incentive Program as it exists on the effective date of this Agreement is as follows: In January of the year following any year in which a minimum of sixty (60) days of leave for illness is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one day’s monetary compensation of the employee for each four full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one day’s monetary compensation, PROVIDED that no employee may receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month.
Annual Cash Out a. An employee may cash out, at 100% value of the regular rate of pay, up to 350 hours at any time during the fiscal year. Effective June 28, 2020, the amount of hours an employee can cash out will be increased to 500 hours. This cash out is based on the following.
Annual Cash Out. On January 1 of each year each faculty member at her/his option may cash in their unused personal leave earned during the previous calendar year less personal leave actually utilized during this period. Full-time faculty may cash in unused compensable personal leave days above an accumulation of sixty (60) compensable days at a ratio of one (1) full day's per diem pay for each four (4) full accumulated compensable Personal Leave Days. Part-time faculty may cash in unused compensable personal leave above an accumulation of 360 hours at a ratio of one (1) hour’s pay for each four (4) accumulated compensable hours. For part-time faculty, the cash-in rate will be equivalent to the per-hour rate in effect in the quarter of cash out.
Annual Cash Out. Once each calendar year, an employee, after providing 30 days’ written notice, will be permitted to cash-out up to forty (40) hours of accrued ETO leave, so long as the employee retains forty (40) hours of accrual, which would be paid on the following payday and be subject to all normal withholdings
Annual Cash Out. Unit members may request and receive payment at the base hourly rate for up to forty (40) hours of accrued vacation on an annual basis, provided that the unit member has a minimum remaining vacation balance of eighty (80) hours following payment. A unit member may request to sell back vacation by entering the number of desired hours on his/her time card. Payment for the hours shall be made in a supplemental paycheck in the following month. The vacation sell-back option is only available once each fiscal year for each unit member.
Annual Cash Out. With the approval of the Department Director or designee, an employee may cash out, at 100% current value, up to 350 Universal Leave hours anytime during the fiscal year, provided the below requirements are met. All combined leave balances do not fall below 80 hours after cash out. At least 36 hours of leave has been used the last twelve (12) months (calculated using the rolling backward method) for time that would have been otherwise worked (i.e. not including donations received pursuant to the City’s leave donation programs or holidays). An employee must be a current member of the IBEW Local 18 (see below – Transfer to a Non-Universal Leave Unit).
