Common use of Maximum Accrual Cap Provisions Clause in Contracts

Maximum Accrual Cap Provisions. ‌ A total of no more than nine hundred sixty hours (960) of sick leave may be credited to an employee. Employees whose sick leave bank balance is at the Maximum Accrual Cap of each year shall continue to accrue hours at the normal rate for utilization only during that year. All sick leave not taken in excess of these hours will be forfeited at the beginning of the first full pay period of the subsequent calendar year.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Maximum Accrual Cap Provisions. ‌ 1. An employee may not carry over more than the annual maximum hours per year. A total of no more than nine hundred and sixty hours (960) of sick leave may be credited to an employee. (Maximum Accrual Cap). 2. Employees whose sick leave bank balance is at the Maximum Accrual Cap of each year shall continue to accrue hours at the normal rate for utilization only during that calendar year. All sick leave not taken in excess of these hours will be forfeited at the beginning of the first full pay period of the subsequent calendar year.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Maximum Accrual Cap Provisions. ‌ A total of no more than nine hundred sixty hours (960) of sick leave may be credited to an employee. Employees whose sick leave bank balance is at the Maximum Accrual Cap of each year shall continue to accrue hours at the normal rate for utilization only during that year. All sick leave not taken in excess of these hours will be forfeited at the beginning Any unused balance of the first full pay period annual ninety-six (96) hours accrued as of December 31 shall be deleted from the subsequent calendar yearemployee’s account.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Maximum Accrual Cap Provisions. ‌ 1. An employee may not carry over more than the annual maximum hours per year. A total of no more than nine hundred and sixty hours (960) of sick leave may be credited to an employee. (Maximum Accrual Cap). 2. Employees whose sick leave bank balance is at the Maximum Accrual Cap of each year shall continue to accrue hours at the normal rate for utilization only during that calendar year. All Any unused balance of the annual maximum accrued hours as of December 31st shall be deleted from the employee’s sick leave not taken in excess of these hours will be forfeited at the beginning of the first full pay period of the subsequent calendar yearbank.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Maximum Accrual Cap Provisions. A total of no more than nine hundred sixty hours (960) of sick leave may be credited to an employee. Employees whose sick leave bank balance is at the Maximum Accrual Cap of each year shall continue to accrue hours at the normal rate for utilization only during that year. All sick leave not taken in excess of these hours will be forfeited at the beginning Any unused balance of the first full pay period annual ninety-six (96) hours accrued as of December 31 shall be deleted from the subsequent calendar yearemployee’s account.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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