Maximum Accumulation of Vacation. Vacation accrued but not used shall accumulate to a maximum of eight hundred and forty (840) hours on June 30 of any calendar year. If an employee has, as of June 30, an amount of vacation in excess of eight hundred and forty (840) hours, the excess shall be deducted from the employee's vacation balance. However, if circumstances cause the Employer to refuse an employee's timely request for vacation, the amount of vacation refused will be carried over.
Maximum Accumulation of Vacation. 1. Vacation time may be accumulated to a maximum of twice the unit employee’s annual accrual. Vacation accrued after reaching the maximum balance shall be paid to the unit employee in the regular paycheck for each pay period.
Maximum Accumulation of Vacation. Vacation accrued but not used shall accumulate to a maximum of eight hundred and forty (840) hours on June 30 of any calendar year. If a Deck Officer has, as of June 30, an amount of vacation in excess of eight hundred and forty (840) hours, the excess shall be deducted from the Deck Officer's vacation balance and paid to the Deck Officer at the rate of pay defined in Rule 23.06, in a lump sum payment no later than the second pay period in July of each year. However, if circumstances cause the Employer to refuse a Deck Officer's timely request for vacation, the amount of vacation refused will be carried over.
Maximum Accumulation of Vacation. Vacation accumulation will be capped at a maximum of two (2) year’s accumulation. For example: if an employee earns four (4) weeks’ vacation a year, the maximum he/she could have on the books at one time would be eight (8) weeks. Any time earned after the two (2) year maximum will be forfeited. As long as employees keep their maximum below the two (2) year total, they will not stop accumulating vacation.
