Common use of Annual Leave Cap Clause in Contracts

Annual Leave Cap. The cap on annual leave accumulation shall remain at 300 hours in accordance with the schedule below. No annual leave in excess of 240 hours shall be included in final average compensation for the purpose of calculating retirement benefits. ANNUAL LEAVE ACCUMULATION SCHEDULE Years Accrual Accumulation Cap 1 - 5 4. 240 5 - 10 5.3 255 10 - 15 5.9 270 15 - 20 6.5 285 20 - 25 7.1 290 25 - 30 7.7 300 30 - 35 8.4 300

Annual Leave Cap. The cap on annual leave accumulation shall remain at 300 be 356 hours in accordance with the schedule below. No annual leave in excess of 240 hours shall be included in final average compensation for the purpose of calculating retirement benefits. ANNUAL LEAVE ACCUMULATION SCHEDULE Years Accrual Accumulation Cap Payoff Cap 1 - 5 4. 240 4.7 296 256 5 - 10 5.3 255 311 271 10 - 15 5.9 270 326 286 15 - 20 6.5 285 341 301 20 - 25 7.1 290 346 306 25 - 30 7.7 300 356 316 30 - 35 8.4 300356 316 etc.