12 Kasım 2012 Pazartesi

ALE Program Opens November 15

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The Annual Leave Exchange (ALE) Program opens November 15.
EAS Leave Exchange
Full-time and part-time regular career non-bargaining unit employees have the option to exchange for cash up to 128 hours of the annual leave they will earn during the next leave year. To be eligible, an employee must have an annual leave balance of 160 hours at the end of the current leave year.
Bargaining Unit Leave Exchange
Some bargaining unit agreements provide a leave exchange program for covered full-time and part-time regular employees. To be eligible, the covered employee must have a balance of 440 hours at the end of the leave year, and must have used less than 75 hours of sick leave during the leave year. Those eligible are permitted to exchange up to 40 hours of the annual leave they would otherwise earn during the next leave year.
Leave Carryover Limit
Internal Revenue Service "constructive receipt" regulations prevent Postal Service employees from exchanging leave already earned that exceeds the Postal Service leave carryover limit.

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