Common use of Over of Vacation Leave Clause in Contracts

Over of Vacation Leave. 12.07 (a) Where in any vacation year an employee has not used all the vacation leave credited to the employee, the unused portion of vacation leave shall be carried over up to a maximum of two times (2x) their current annual vacation leave credits. Vacation leave credits in excess of this maximum will be paid out at the rate of pay for the employee’s substantive position in effect on the March 31st immediately preceding the payout, subject to availability of funds.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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