New Annual Leave Carryover for Leave Year 2024 and Annual Leave Exchange Option for Leave Year 2025
Posted On: Jun 12, 2024
Two new Memoranda of Understanding that expands annual leave benefits for the 2024 leave year.
The first MOU allows for additional Annual Leave Carryover for the 2025 Leave Year. In the 2022 National Agreement, the MOU on Annual Leave Carryover allows regular workforce employees to carry over 440 hours of accumulated annual leave. The new MOU on Annual Leave Carryover for Leave Year 2025 expands that limit and allows regular work force employees to carry over 520 hours of accumulated leave from leave year 2024 to leave year 2025.
The second MOU deals with the Annual Leave Exchange Option for the 2025 Leave Year. The Annual Leave Exchange Option MOU for Leave Year 2024 will allow career employees to sell back a maximum of 80 hours of annual leave prior to the beginning of the leave year provided the following criteria is met: 1) The employee must be at the maximum leave carryover ceiling (440 hours) at the start of the leave year and 2) the employee must have used fewer than 75 sick leave hours in the 2024 leave year. Normally, the maximum amount of hours that may be sold back under the 2022 National Agreement MOU on Annual Leave Exchange Option is limited to 40 hours.