Vacation – Cash Conversions Sample Clauses

Vacation – Cash Conversions. | Between September 1st and September 15 of each year, an employee hired on or before the DOR (Feb 19, 2016) may declare money from their Cash Bank to be set aside to their Stat Bank to be taken as vacation in the following calendar year in accordance with Article 13.05 and Article 14.06(f) and 15.03.03(iii). Purchase of Stat Bank hours from the Cash Bank will be based on the employee’s current hourly rate as of September 1st of the year of conversion.
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Related to Vacation – Cash Conversions

  • Sick Leave Conversion On January 1 of each year, an employee may convert up to a maximum of 30 hours accumulated sick leave at fifty percent (50%) cash value for the sole purpose of reimbursing the employee for medical costs. This conversion is subject to the following:

  • Casual Conversion (a) A casual employee who has been rostered on a regular and systematic basis over a period of 26 weeks has the right to request conversion to permanent employment:

  • Vacation Buy Back Employees shall have the option of requesting pay in lieu of time off up to a maximum of 144 hours of vacation time each year, during each year of the contract in increments of eight (8) hrs. Such requests are subject to the approval of the department head and the availability of funds.

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