Leave Cash-In Sample Clauses

Leave Cash-In. Employees having in excess of 37.5 hours of personal leave shall, upon request to the Employer, receive payment for accrued but unused personal leave at the annualized hourly rate of pay. Under no circumstances may an employee receive a leave cash-in which would reduce the employee's leave balance below 37.5 hours. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.
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Leave Cash-In. Each employee may cash in any amount of personal leave, but in no event shall a payment be made which reduces the leave balance below 84 hours.
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Leave Cash-In. Bargaining unit members having in excess of 37.5 hours of personal leave shall, upon written request to the employer, receive payment for accrued but unused personal leave, subject to the following limitations:
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Leave Cash-In. A teacher who has at least thirty (30) days of accrued leave may cash in up to eight (8) days of personal leave in a leave year. Additional days of leave may be cashed in at the discretion of the superintendent. The teacher’s leave balance will be reduced by the number of days of personal leave cashed in. Leave cash-ins must not reduce a teacher’s leave balance to less than five (5) days.
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Leave Cash-In. For purposes of this section, an additional day of leave per month equates to 3.5 hours of leave each biweekly pay period for an employee who regularly works 37.5 hours per week; and 3.7 hours of leave each biweekly pay period for an employee who works 40 hours or more per week.
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Leave Cash-In. To facilitate the transition to the biweekly pay schedule in June 2020, the parties mutually agree to temporarily waive, from May 1, 2020 through June 30, 2020, the 37.5 hours minimum personal leave balance requirement in this Section. Bargaining unit members having in excess of 37.5 hours of personal leave shall, upon written request to the employer, receive payment for accrued but unused personal leave, subject to the following limitations:
Sample 1
Leave Cash-In. ‌ Upon written request, and limited to three (3) times per calendar year, an Employee may request a leave cash-in of the cash value of their accrued personal leave, , provided a minimum of hours equal to three (3) weeks (pro-rated to FTE) is maintained in the Employee's accrued personal leave balance. Cash-ins due to the 520 balance rule do not count towards the three per year limit. Exceptions due to unusual or unforeseen circumstances may be made by the Chief of Staff who may authorize a cash-in of the total accrued leave, waive the maximum number of hours available for cash-in, and/or increase the number of leave cash-ins permitted.
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Leave Cash-In. A. Employees hired before July 1, 2024, eligible for actual PERS retirement during the life of this Agreement who give ninety (90) calendar days advance notice may cash accumulated sick leave, to be included in the last payroll check, according to the following formula: Days Accumulated Leave Per Diem Percent First 30 ( 0–30) 0 Next 10 (>30–40) 10 Next 10 (>40–50) 12 Next 10 (>50–60) 15 Next 10 (>60–70) 19 Next 10 (>70–80) 24 Next 10 (>80–90) 30 Next 10 (>90–100) 37 Over 100 45
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Related to Leave Cash-In

  • Sick Leave Cash Out Eligible employees may elect to receive monetary compensation for accrued sick leave as follows: In January of each year an employee whose sick leave balance at the end of the previous year exceeds four hundred eighty (480) hours may elect to convert the sick leave hours earned in the previous calendar year, minus those hours used during the year, to monetary compensation. No sick leave hours may be converted which would reduce the calendar year end balance below four hundred eighty (480) hours. Monetary compensation shall be paid at the rate of twenty-five percent and shall be based on the employee’s current salary. All converted hours will be deducted from the sick leave balance. Employees who separate from University service due to retirement or death shall be compensated for the unused sick leave accumulation from the date of most recent hire in a leave eligible position with the State of Washington at the rate of 25%. Compensation shall be based upon the employee’s wage at the time of separation. For the purpose of this section, retirement shall not include vested out of service employees who leave funds on deposit with the retirement system. Former eligible employees who are re-employed within three (3) years of their separation from service shall be granted all unused sick leave credits, if any, to which they are entitled at time of separation.

  • Vacation Cash Out In each calendar year, an employee may make a one-time request to cash out and receive payment for up to forty (40) hours of vacation. In order to be eligible to cash out vacation hours, the employee must be a regular status employee and have a remaining vacation balance of sixty (60) hours or more. Vacation leave that has been pre-approved will be considered when the request is made in order to determine if they will maintain the minimum vacation balance requirement.

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are:

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