Vacation Credit Accumulation. (a) Effective April 1, 1995, annual leave shall be credited in accordance with the New York State Attendance Rules. (b) Vacation credits may be accumulated up to 40 days; provided, however, that in the event of death, retirement or separation from service, an employee compensated in cash for the accrued and unused accumulation may only be so compensated for a maximum of 30 days. (c) An employee’s vacation credit accumulation may exceed the maximum, provided, however, that the employee’s balance of vacation credits may not exceed 40 days on April 1 of any year.
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Samples: Professional, Scientific and Technical Services Unit Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement