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Effective January 1, 2025, employees shall receive one hundred and four (104) holiday <br /> hours each year(thirteen (13) eight(8)hour holidays). These amounts include the floating <br /> holiday on the list in Section 9.1. However, the floating holiday plus four (4) additional <br /> holiday hours (for a total of twelve (12)hours)shall be donated back to the City to pay for <br /> the Association President's Leave per Section 14.3. <br /> For each of the holidays, employees have the following two (2) options: <br /> A. Option 1 - Employees can use their holiday hours (eighty-eight(88)hours in 2024, <br /> which is increased to ninety two (92) hours effective January 1, 2025) during the <br /> calendar year by scheduling it as time off. If this option is chosen, the following <br /> provisions apply: <br /> 1. The employee will not be cashed out for any of the eighty-eight(88)holiday <br /> hours which is increased to ninety-two (92)hours effective January 1,2025 <br /> at the end of the year if any of the hours are not used. <br /> 2. If an employee leaves City employment during the year and has not used all <br /> of the holiday hours earned during the year at the date of separation the <br /> remaining holiday hours earned to date will be paid to the employee on their <br /> final check. This pay will not be reported to CalPERS as Special <br /> Compensation. <br /> 3. If an employee leaves City employment during the year and has used more <br /> holiday hours in the calendar year than they have earned as of that date,they <br /> must pay the City the cash value for such used but unearned holiday time <br /> off benefits prior to or at the time of separation. <br /> 4. Employees can use holiday leave in increments as small as one-half(1/2) <br /> hour with fractional usage rounded upward to the next higher multiple of <br /> one-half(1/2) hour. <br /> B. Option 2—Employees may make an irrevocable election to receive holiday pay in <br /> lieu (paid at the regular rate of pay at straight time) of time off for the holiday. If <br /> this option is chosen, employees must submit their irrevocable election by <br /> December 15 of each calendar year to the Police Department Human Resources <br /> Division who will then forward it to City Payroll. <br /> Employees will receive eight (8) hours and effective January 1, 2025, seven and <br /> two thirds (7.67) hours of holiday pay in lieu for each holiday. The employee will <br /> receive the pay on the payday following when each of the twelve (12) holidays <br /> occur. If this option is chosen, the parties agree that to the extent permitted by law, <br /> 34 <br />