SB 0479 | Specifies the annual leave accrual rate and options for excess accrued leave for the Dept. of Transportation |
Sponsor: | Gross | |||
LR Number: | 1229S.01I | Fiscal Note: | 1229-01 | |
Committee: | Transportation | |||
Last Action: | 02/13/03 - Second Read and Referred S Transportation Committee | Journal page: | S225 | |
Title: | ||||
Effective Date: | August 28, 2003 | |||
SB 479 - This act specifies the rate at which annual leave accrues for Department of Transportation employees. The act also provides the employees three options for use of accrued annual leave which is in excess their maximum leave balance.
Employees may apply the excess accrued annual leave to their
shared leave program, purchase retirement credits or invest the
cash equivalent into their deferred compensation plan, subject to
certain restrictions.
STEPHEN WITTE