Leave Buy Back. When an employee with a minimum of five (5) years of service to the District retires his/her position or passes away while eligible for retirement with the district, his/her accrued leave will be bought back by the district at a rate of $50 per day up to 30 days.
Leave Buy Back i. For the duration of the contract, WCSC may establish and implement a sick / personal day buyback program that provides teachers with an opportunity to sell back unused sick or personal days to the corporation for $100 per day, up to 10 total days each year.
Leave Buy Back. Non-statutory leave days can be bought back by easyJet with the consent of the employee member at a rate agreed and published by Notice to crew (NTC), terms and conditions of this will also be stipulated in this NTC , Leave buy back can only occur when easyJet initiates the process.
Leave Buy Back. 1. Universal Leave Maximum accumulation of universal leave is forty (40) days. At the end of each school year, any teacher with a minimum of twenty (20) universal leave days accumulated can choose to keep those days in their accumulated balance or sell back any days over twenty (20) at $50 per day with the payment made on the employee’s June paycheck. Any accumulated universal days over forty (40) must be sold back to the district at $50 per day with the payment made on the employee’s June paycheck.
Leave Buy Back. 1. There shall be eighty (80) hours of leave buy-back allowed annually under this agreement so long as the employee maintains at least a minimum balance of forty hours of leave after any such buy-back of leave time.
Leave Buy Back. Section 1 In December of 2014,2015, of the Agreement, a leave buy-back program will be available to full-time employees who have successfully completed an initial probationary period with the Employer. Section 2 The Employer will buy back at the rate of $110 per day, up to four (4) days of prior accrued personal,sick, vacation, or compensatory leave time as selected by the employee. This section will remain in effect for 2014 and 2015 only.
Leave Buy Back. For the purpose of determining total accumulated leave, annual unused personal days will be counted. The Board agrees to reimburse teachers who have accumulated over the maximum of one hundred ten (110) days at rates as follows : $125.00 per day for teachers who have accumulated fifteen to eighteen days by June 30th of that school year. $115.00 per day for teachers who have accumulated eleven to fourteen days by June 30th of that school year. $100.00 per day for teachers who have accumulated one to ten days by June 30th of that school year. Donations to the sick bank are excluded from buy-back plan. EFFECTIVE JULY 1, 2018
Leave Buy Back. The City will buy back or convert either in “pay” or in “other forms of leave,” at the officer’s discretion up to 120 unused sick leave hours on a one-for-one basis provided that the officer requests same in writing on a form provided by the City by the end of the first pay period in October; and the officer has a balance after the buy back of not less than 400 hours accumulated sick leave,. Xxxx leave buy back will be paid at the regular rate of pay, which includes the incentive pay used in overtime calculations, applicable to the officer at the time the payment is actually paid to the officer for the leave buy back. Effective October 1, 2012 and Each October, thereafter the City will buy back or convert either in “pay” or in “other forms of leave,” at the officer’s discretion up to 8 unused bonus leave hours on a one-for-one basis provided that the officer requests same in writing on a form provided by the City by the end of the first pay period in October; and the officer has a balance after the buy back of not less than 400 hours accumulated bonus leave. Bonus leave buy back will be paid at the regular rate of pay, which includes the incentive pay used in overtime calculations, applicable to the officer at the time the payment is actually paid to the officer for the leave buy back. The City shall distribute funds in cash or as other forms of leave. The City agrees to allow Officers to adjust their paycheck the pay period before or after the sale of leave hours in order for the officer to make contributions to their deferred compensation plan. The Accounting Unit will run in the Daily Bulletin during the month of September notification to the Officer to file, in writing, for the leave buy back. The City will pay the Officer his amount due at the same time as other City employees are paid for their leave buy back but not later than Christmas Eve day.
Leave Buy Back. 1. There shall be no leave buy-back allowed up to and until January 1, 2010 at which time YCH shall conduct an evaluation of the budgetary status of YCH and may determine in its sole discretion whether budgetary conditions warrant allowing employees to buy back up to forty (40) hours of vacation leave.
Leave Buy Back. On August 1 of each year an employee may elect to sell back to the City two (2) hours of vacation leave for every hour of vacation leave used during the following twelve (12) month period not to exceed eighty (80) hours per fiscal year. Selling vacation leave hours to the City under this provision shall be in lieu of any other option to vacation days under this Agreement or any other City policy or practice. The City shall distribute funds in cash or as contribution to deferred compensation or as otherwise directed by the employee. Any costs incurred for the transfer of funds for distributions other than direct payment to the employee shall be the responsibility of the employee.
