Unused Holidays. At the time of retirement, employees shall be entitled to compensation for holiday benefits in the year of retirement on a prorated basis as of the date of retirement.
Unused Holidays. 4 1. Personal holidays do not accrue on the same basis as vacations. 5 Effective July 1, 2000, personal holidays, which have not been used by June 30 of the 6 fiscal year, shall be forfeited except that the employee may carry over into the next 7 fiscal year up to six (6) unused personal holidays. However, in no event may an 8 employee’s beginning holiday balance exceed seventeen (17) personal holidays as of 9 July 1 of a fiscal year, including holidays carried over from the preceding fiscal year.
Unused Holidays. All carry over balances of holiday leave (that were in existence as of January 1, 2012) must be utilized by not later than December 31, 2012, and any unused portions of those balances will be bought out by the Employer as of that date at the employee’s then current wage rate. Beginning January 1, 2012, all future grants of holiday leave must be used during the same calendar year in which the holiday occurs, and any unused holiday leave will be bought out by the Employer at the end of that calendar year, except that holiday leave granted for the Thanksgiving and/or Christmas holidays may be carried over into the next calendar year, but must then be used by not later than January 31st or such unused holiday leave will be bought out by the Employer as of that date.
Unused Holidays. Personal holidays do not accrue on the same basis as vacations. 10 Personal holidays which have not been used by June 30 of the fiscal year shall be paid off at 11 the rate of one and one-half (1.5) times the employee’s regular rate of pay for each unused 13 Thanksgiving Day, or Christmas Day. Unused holidays which were not requested shall be paid 14 off at the straight time rate. The employee also has the option of donating personal holiday time 15 or unused comp time to the catastrophic leave bank.
Unused Holidays. Personal holidays do not accrue on the same basis as vacations. 18 Personal holidays which have not been used by June 30 of the fiscal year shall be paid off at 19 the rate of one and one-half (1.5) times the employee’s regular rate of pay for each unused 20 holiday that was requested but not granted, except New Year's Day, Independence Day, 21 Thanksgiving Day, or Christmas Day. Unused holidays which were not requested shall be paid 22 off at the straight time rate. The employee also has the option of donating personal holiday time 23 or unused comp time to the catastrophic leave bank.
