Vacation Accrual Limit and Cash-Out Sample Clauses

Vacation Accrual Limit and Cash-Out a. Vacation time earned during the previous year must be taken before August 20 of the following year or it will be lost.For full-time employees, a maximum of 250 hours of vacation may be carried over from year to year. For part-time employees, a maximum of 150 hours of vacation may be carried over from year to year. For purposes of administering this provision, the year cycle runs from August 21st to August 20th of the following year. When accrued vacation hours reach the cap, new accruals are suspended until total hours are reduced to less than the maximum accrual amount.
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