It’s that time of year to review your vacation balance...
On December 31, 2010, employees that reach the maximum vacation balance will forfeit any accruals that exceed the allowable limit. Employees must use excess vacation by December 31, 2010 to ensure vacation accruals are not lost.
Question: When do I have to reduce my vacation balance to 240 hours?
Answer: The maximum vacation leave balance for employees hired before October 5, 2006 will be reduced to 240 hours on midnight December 31, 2011 as opposed to May 31, 2011. This allows employees 6 additional months to reduce their vacation accrual balance to 240. Therefore, everyone should plan and manage vacation time accordingly.
If you have questions, please contact Treva Ferguson at ext. 7291 or Doug Roeder at ext. 7576.
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Submitted: Wednesday, October 13, 2010 - 2:00pm