As communicated recently, UW Green Bay has developed a policy on Paid Leave Bank and Vacation Cash Payouts. This policy has been developed based upon recently implemented changed by UW System to the accounting process for ALRA & Sabbatical leave payouts. In an effort to reduce the fiscal and operational impact to departments while establishing a consistent administration of accumulated paid leave bank and vacation payouts.
Please review the full policy and notable highlights below:
Upon Hire
Employees hired to UW-Green Bay from other agencies shall have all accrued leave paid out by the prior employer.
Movement
Internal: UW-Green Bay employees moving from a leave eligible position to another leave eligible position will retain all accrued leave and transfer this to the new appointment.
External: UW-Green Bay employees moving to another agency of the state or UW System employer shall transfer all leave accrued to the new leave-eligible appointment at the approval of the new employer. If not accepted by the new employer, any accrued/banked leave shall be paid out as a lump sum on the final payroll with UW-Green Bay.
Resignation/Retirement
Effective November 1, 2016, employees who resign or retire from UW-Green Bay will end their employment on the last day physically worked. Any remaining accrued/banked leave will be paid out as a lump sum on the final payroll.
Current employees who submit a resignation notice no later than December 31, 2016 will be eligible for limited continuation of the current practice regarding payroll extension through the use of banked leave (ALRA/sabbatical), vacation and vacation carryover so long as the requesting employee’s last day on payroll is not later than June 30, 2017.
Please contact Human Resources with any questions on this updated policy.