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Effective July 1, 2011 through dune '^",-June 30, 2012, employees choosing to cash out their
<br />vacation leave time may do so up to a maximum value of 133 hours per year.
<br />Effective July 1, 2012, employees shall defer vacation leave cash out during Fiscal Year 2012-13.
<br />Effective July 1, 2013 through June 30, 2014, employees choosing to cash out their vacation leave
<br />time may do so up to a maximum of 200 hours per year.
<br />Effective July 1, 2014 through June 30, 2015, employees choosing to cash out their vacation leave
<br />time may do so up to a maximum of 150 hours per year.
<br />Effective July 1, 2015, regular/longevity vacation leave cash out maximums shall revert to 80
<br />hours per year.
<br />C. Management Vacation Leave: Employees may receive cash compensation, computed on a straight
<br />time basis, up to a maximum of forty (40) hours of earned, unused management vacation leave
<br />benefits, set forth in Section 10.7 herein. Effective July 1, 2009, all employees covered by this
<br />Agreement shall defer for the duration of Fiscal years 2009-10 and 2010-11, respectively, an
<br />employee's ability to cash out management vacation time. The ability to cash out management
<br />vacation time shall be reinstated July 1, 2011. Effective July 1, 2012, all employees covered by this
<br />Agreement shall defer for the duration of Fiscal year 2012-13 an employee's ability to cash out
<br />management vacation time. The ability to cash out management vacation shall be reinstated July 1,
<br />2013. Such deferral shall not affect an employee's ability to cash out management vacation time upon
<br />separation of employment with the City. Effective July 1, 2012, employees covered by this Agreement
<br />shall begin earning an additional 60 hours of management vacation leave for a total accrual of 100
<br />hours. During calendar year 2012, employees shall earn the prorated amount of 30 hours of
<br />management vacation leave for a total accrual of 70 hours.
<br />1. Effective July 1, 2011 through du; a '^,??T June 30, 2012, employees choosing to cash out their
<br />management vacation leave time may do so up to a maximum value of 67 hours per year.
<br />2. Effective July 1, 2012, employees shall defer management vacation leave time cash out during
<br />Fiscal Year 2012-13.
<br />3. Effective July 1, 2013 through June 30, 2014, employees choosing to cash out their management
<br />vacation leave time may do so up to a maximum of 175 hours per year.
<br />4. Effective July 1, 2014 through June 30, 2015, employees choosing to cash out their management
<br />vacation leave time may do so up to a maximum of 150 hours per year.
<br />5. Effective July 1, 2015, management vacation leave cash out maximums shall revert to 100 hours
<br />per year.
<br />The terms and conditions identified in "bold type" above apply to the Cash Option set forth in 9.6 above for
<br />the period of time beginning July 1, 2009, and ending ju a 30, 2001T June 30, 2015. Effective 'ul y , 2014, July
<br />1, 2015, these terms and conditions no longer apply and the Cash Option reverts to that set forth above
<br />(maximum of 120 hours of combined holiday, regular or longevity vacation, and/or management vacation.)
<br />Such cash option may be eliminated or modified to the extent it is construed as overtime under Department of
<br />Labor Guidelines implementing provisions of the Fair Labor Standards Act.
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<br />PMA 2010-14 Contract Extension Page 3
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