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payroll: SEIU Vacation Cash-out





MEMORANDUM

TO:		Deans, Directors and Department Heads
		HR and Payroll Contacts

FROM:		Linda King, Associate Vice President for Human Resources

SUBJECT:	VACATION CASH-OUT UNDER SEIU CONTRACT


I write to make you aware of an important change in the SEIU contract with respect to the opportunity to "cash out" vacation in January 2010. SEIU represented employees have the choice to "cash out" up to 40 hours of vacation to be paid in January, provided they have a minimum of 80 hours of accrued vacation leave remaining after the cash-out. (SEIU-OUS Collective Bargaining Agreement, Article 47, section 17)

The option to "cash out" vacation is not new to the contract; however there is a new requirement that the request for the payment must be made no later than December 31 of this year for the January 2010 payment. The request to "cash out" vacation cannot be revoked after December 31. The language and procedural change was made to protect SEIU employees from unintended tax consequences.

The form to request a "cash-out" is available on the Human Resources website at: http://hr.uoregon.edu/policy/Cash%20out%20form%202008.pdf

We will send this information to all classified employees as required under the new SEIU collective bargaining agreement. In addition, your help in communicating this information to your staff and complying with the new contract language is appreciated.

Please contact Joan Walker (6-2970), jwalker@uoregon.edu, if you have questions.



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