Common use of Vacation Sell Back Clause in Contracts

Vacation Sell Back. Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks (72, 75, 76 and 80 hours depending on the employees standard work week) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019. Effective December 2019, and during the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by the first paycheck in December, will be automatically cashed out for the number of hours elected on the second paycheck in December. If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month their sell back request will not be fulfilled. Employees must have completed fifteen (15) years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks one week (72, 75, 76 and 80 40 hours depending based on the employees a standard work weekweek of 40 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: Employees who have completed Twenty (20) years of service with the City may “sell back” up to two weeks (80 hours based on a standard work week of 40 hours) of vacation accrual once per calendar year, provided the have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 2019, qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019. Effective December 2019, and during the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by City shall process these requests during the first paycheck quarter of the subsequent year (e.g. requests submitted in December, December 2020 will be automatically cashed out for the number of hours elected on the second paycheck in Decemberprocessed no later than March 2021). If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month months, their sell back request will not be fulfilled. Employees must have completed fifteen (15) the qualifying years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of the compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-sell back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks (72, 75, 76 and 80 72 hours depending based on the employees a standard work weekweek of 36 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019. Effective December 2019, and during the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by the first paycheck in December, will be automatically cashed out for the number of hours elected on the second paycheck in December. If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month months their sell back request will not be fulfilled. Employees must have completed fifteen (15) years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. ‌ Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks one week (72, 75, 76 and 80 40 hours depending based on the employees a standard work weekweek of 40 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: During Employees who have completed Twenty (20) years of service with the City may “sell back” up to two weeks (80 hours based on a standard work week of 40 hours) of vacation accrual once per calendar year 2019 qualified year, provided they have used two weeks of accruals in the last 12 calendar months: Qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019back. Effective December 2019, and during During the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by City shall process these requests during the first paycheck quarter of the subsequent year (e.g. requests submitted in December, December 2020 will be automatically cashed out for the number of hours elected on the second paycheck in Decemberprocessed no later than March 2021). If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month months, their sell back request will not be fulfilled. Employees must have completed fifteen (15) the qualifying years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of the compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-sell back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks (72, 75, 76 and 80 hours depending on the employees standard work week) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 qualified Qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019form. Effective December 2019, and during During the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by the first paycheck in December, will be automatically cashed out for the number of hours elected on the second paycheck in December. If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month their sell back request will not be fulfilled. Employees must have completed fifteen (15) years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. ‌ Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks one week (72, 75, 76 and 80 40 hours depending based on the employees a standard work weekweek of 40 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: Employees who have completed Twenty (20) years of service with the City may “sell back” up to two weeks (80 hours based on a standard work week of 40 hours) of vacation accrual once per calendar year, provided the have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 2019, qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019. Effective December 2019, and during the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by City shall process these requests during the first paycheck quarter of the subsequent year (e.g. requests submitted in December, December 2020 will be automatically cashed out for the number of hours elected on the second paycheck in Decemberprocessed no later than March 2021). If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month months, their sell back request will not be fulfilled. Employees must have completed fifteen (15) the qualifying years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of the compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-sell back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. ‌ Employees who have completed Fifteen (15) years of service with the City may “sell back” up to two weeks (72, 75, 76 and 80 72 hours depending based on the employees a standard work weekweek of 36 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 qualified employees will be able to sell back vacation by completing the vacation sell back form for 2019. Effective December 2019, and during the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by the first paycheck in December, will be automatically cashed out for the number of hours elected on the second paycheck in December. If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month months their sell back request will not be fulfilled. Employees must have completed fifteen (15) years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-back”. The City may suspend this program due to budget constraints during economic downturns.

Vacation Sell Back. ‌ Employees who have completed Fifteen (15) years of service with the City may “sell back” up to one week (40 hours based on a standard work week of 40 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: Employees who have completed Twenty (20) years of service with the City may “sell back” up to two weeks (72, 75, 76 and 80 hours depending based on the employees a standard work weekweek of 40 hours) of vacation accrual once per calendar year, provided they have used two weeks of accruals in the last 12 calendar months: During calendar year 2019 qualified 2019, Qqualified employees will be able to sell back vacation by completing the vacation sell back form for 2019back. Effective DEffective December 2019, and during the month of December of each year thereafter, there will be an open enrollment period during which each bargaining unit member must make an irrevocable election to “sell back” vacation accrual the following year on the form prescribed by Human Resources. The number of hours that the bargaining unit member will sell back must be indicated at that time. Failure to submit an irrevocable election form shall be the same as electing not to sell back vacation leave. The employee must request the vacation sell back on the form prescribed by Human Resources. A bargaining unit member who has elected to sell back vacation but has not done so by City shall process these requests during the first paycheck quarter of the subsequent year (e.g. requests submitted in December, December 2020 will be automatically cashed out for the number of hours elected on the second paycheck in Decemberprocessed no later than March 2021). If an employee elects to “sell back” vacation but has not used two weeks of vacation accruals in the previous 12 month months, their sell back request will not be fulfilled. Employees must have completed fifteen (15) the qualifying years of service at the time they request the sell back. For example, an employee who will complete fifteen years of service on August 1, 2020 may make an irrevocable election to sell back vacation time during the December 2019 election period but will not be permitted to request the sell back until after August 1, 2020. These payments do not meet the definition of the compensation earnable and special compensation under Government Code section 20636 and are non-PERSable compensation. Employees are responsible for any tax consequences of the vacation “sell-sell back”. The City may suspend this program due to budget constraints during economic downturns.