Sick Leave Conversion to Vacation. Employees who have used less than forty (40) hours of sick leave in a fiscal year (i.e. pay period 15 through pay period 14 of the following year) may, at the employees option, convert sick leave to vacation leave on the following formula: Hours of sick leave used are subtracted from forty (40). Sixty percent (60%) of the remainder, or a portion thereof, may be added to vacation leave to be utilized in the same manner as other accrued vacation leave: Example: 0 40 24.0 8 32 19.2 16 24 14.4 24 16 9.6 40 0 0.0
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Sick Leave Conversion to Vacation. Employees who have become entitled to accrued sick leave allowance that has not been used less may convert each two (2) hours of accumulated sick leave to one (1) additional hour of vacation; after having accumulated six hundred and forty (640) hours of sick leave and providing that not more than forty (40) hours of sick leave in a fiscal year (i.e. pay period 15 through pay period 14 of the following year) may, at the employees option, convert sick leave to additional vacation leave on the following formula: Hours of sick leave used are subtracted from forty (40). Sixty percent (60%) of the remainder, or a portion thereof, days may be added to vacation leave to be utilized so converted in the same manner as other accrued vacation leave: Example: 0 40 24.0 8 32 19.2 16 24 14.4 24 16 9.6 40 0 0.0any one (1) fiscal year.
Appears in 1 contract
Samples: Memorandum of Understanding
Sick Leave Conversion to Vacation. Employees who have used less become entitled to accrue sick leave allowance which has not been used, may convert each two (2) hours of accumulated sick leave to one (1) hour of vacation, after having accumulated six hundred and forty (640) hours of sick leave and providing that not more than forty (40) hours of sick leave in a fiscal year (i.e. pay period 15 through pay period 14 of the following year) may, at the employees option, convert sick leave to additional vacation leave on the following formula: Hours of sick leave used are subtracted from forty (40). Sixty percent (60%) of the remainder, or a portion thereof, may be added to vacation leave to be utilized so converted in the same manner as other accrued vacation leave: Example: 0 40 24.0 8 32 19.2 16 24 14.4 24 16 9.6 40 0 0.0any one fiscal year.
Appears in 1 contract
Samples: Memorandum of Understanding
Sick Leave Conversion to Vacation. Employees who have used less become entitled to accrue sick leave allowance which has not been used, may convert each two (2) hours of accumulated sick leave to one (1) hour of vacation, after having accumulated six hundred and forty (640) hours of sick leave and providing that not more than forty (40) hours of sick leave in a fiscal year (i.e. pay period 15 through pay period 14 of the following year) may, at the employees option, convert sick leave to additional vacation leave on the following formula: Hours of sick leave used are subtracted from forty (40). Sixty percent (60%) of the remainder, or a portion thereof, may be added to vacation leave to be utilized so converted in the same manner as other accrued vacation leave: Example: 0 40 24.0 8 32 19.2 16 24 14.4 24 16 9.6 40 0 0.0any one (1) fiscal year.
Appears in 1 contract
Samples: Memorandum of Understanding