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.
Appears in 3 contracts
Samples: Bargaining Agreement, Bargaining Agreement, Bargaining Agreement
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. No more than six (6) leave cash-ins will be processed in a leave year. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.
Appears in 2 contracts
Samples: Bargaining Agreement, Bargaining Agreement
Leave Cash-In. Employees having in excess of 37.5 40 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 40 hours. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.
Appears in 1 contract
Samples: Bargaining Agreement
Leave Cash-In. Employees having 1. Each employee may cash in excess of 37.5 hours any amount of personal leave shallleave, upon request to but in no event shall a payment be made which reduces 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 84 hours. Payment shall will be made no later than one (1) pay period following after the pay period one in which the request is receivedwas made. Employees will be limited to no more than six (6) leave cash-in requests per calendar year.
2. For employees exempt under 20.1(B)(3), up to forty-two (42) hours of personal leave cashed in under this Article will be applied to the employee’s mandatory leave usage requirements under 20.1(C)(2).
Appears in 1 contract
Samples: Collective Bargaining Agreement
Leave Cash-In. Employees having in excess of 37.5 37.540 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 37.540 hours. No more than six (6) leave cash-ins will be processed in a leave year. Payment shall be made no later than one (1) pay period following the pay period in which the request is received.
Appears in 1 contract
Samples: Bargaining Agreement