Common use of Vacation Carryover Clause in Contracts

Vacation Carryover. 14.2.1 Any unused vacation time earned by a Unit Member in a given fiscal year may be carried over to the next fiscal year, provided that a Unit Member’s maximum total of accumulated vacation hours as of the end of any fiscal year, as reported on the Unit Member’s June time sheet, shall not exceed one and one-half (1.5) times the number of vacation hours that would be earned by the Unit Member in that fiscal year. The following schedule sets forth the maximum vacation accumulation limits, based on full-time (100%) employment: VACATION ACCUMULATION LIMIT BASED ON FULL-TIME (100%) EMPLOYMENT Years of Service Hours Earned Per Month MAXIMUM PERMITTED TOTAL ACCUMULATED VACATION HOURS 12-Month Position 11.5-Month Position 11-Month Position 10.5-Month Position 10-Month Position 9.5-Month Position 9-Month Position 1-4 8.00 144 138 132 126 120 114 108 5-9 10.67 192 184 176 168 160 152 144 10-14 13.33 000 000 000 210 200 190 180 15-19 14.67 264 253 242 231 220 209 198 20 + 16.00 288 276 264 252 240 228 216