Common use of Annual Leave Buy Back Clause in Contracts

Annual Leave Buy Back. Employees designated by the Union may utilize accumulated leave time (holiday, compensatory, Plan B, or annual leave) in lieu of taking such time off without pay, to engage in Union activities authorized by this Agreement. When an employee designated in accordance with Section 3 of this Article utilizes unpaid leave time and elects to utilize annual leave credits, the employee may "buy back" such credits with the following restrictions: A. The employee and the Union must notify the appointing authority in writing of the intent to "buy back" such credits. B. The employee shall be permitted annual leave absence from work for such business up to a maximum of accrued credits. C. The employee may reinstate such expended credits used in the previous twelve (12) months by cash payment to the Department personal services account at the employee's current hourly rate. The employee shall furnish to the Department the total cost to the State of such credits. This provision shall be administered in compliance with applicable tax statute. D. The employee shall be allowed to exercise the option of reinstating such credits for him/herself no more than four (4) times each fiscal year, except that no such "buy back" may occur later than August 1. E. The Appointing Authority will, except in circumstances when it is impossible to do so, credit the employee making request for "buy back" in accordance with the provisions of this article, with such "buy back" credits within forty five (45) days of the receipt of the employee's payment for such credits by the appointing authority.

Appears in 4 contracts

Samples: Labor Agreement, Labor Agreement, Union Business and Activities Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!