Accumulation Limit. Employees shall forfeit their right to take or to be paid for any vacation leave to their credit which is in excess of the accrual for three (3) years plus the current year accrual. Such excess leave shall be eliminated from the employee's leave balance. However, if one accumulates the maximum amount of vacation they are allowed under this Section of the contract, upon approval by the engineer, they may be paid for up to two (2) weeks of vacation per year in lieu of time off. In exchange for the pay, 2 weeks’ vacation would be removed from the employee’s vacation accrual.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement