Use or Lose PTO for Vacation Leave. Use or Lose" vacation PTO is the number of hours/days in excess of the employee’s maximum limitation for carry over into the next fiscal year. Employees may not carry forward to the next fiscal year more than the maximum amount of annual accrued / allotted vacation leave. Employees must "use" their excess vacation hours/days by June 30th or they will “lose" (forfeit) such hours/days except in extraordinary circumstances. If a supervisor is unable to grant an employee's request to use accrued vacation prior to June 30th due to operational needs or unforeseen circumstances beyond the employee’s control, then, upon approval by the Office of Human Resources, the employee may carry forward to the subsequent fiscal year vacation accrual in excess of the annual accrued amount. Such excess vacation accrual shall be utilized no later than August 30th of the same year to avoid forfeiture. Under no circumstances may vacation accrual exceed the number of hours accrued in one year.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement