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Faculty, Academic Staff, and Limited Appointees Leave Banking

Annually, certain employees are able to roll over eligible leave time into their "Annual Leave Reserve Account".

  1. Each July following the fiscal year in which the employee qualifies, eligible employees are provided banking options and must make a decision to bank vacation by on or before November 30 of that year.

BEGINS 7/1 - Decisions must be made by 11/30

Faculty, Academic Staff and Limited Appointees

Bank Vacation into Paid Leave Bank [formerly Annual Leave Reserve Account (ALRA)]

  1. Each July following the fiscal year in which the employee qualifies, eligible employees are provided banking options and must make a decision to bank vacation by on or before November 30 of that year.
  2. Eligibility to bank unused vacation is based on years of continuous service and appointment percentage (defined as hours in pay status).
  3. The vacation banking option is offered immediately following the fiscal year in which an employee is eligible. An employee is first eligible to bank up to 40 hours of vacation at the start of the 11th fiscal year of employment and is allowed to bank up to 80 hours of vacation at the start of the 26th fiscal year of employment.
  4. Full-time employees are eligible to bank unused vacation (either vacation earned in the current fiscal year or vacation carried over from prior fiscal year) into a Paid Leave Bank (ALRA) account. Cash payouts are not permitted. Leave may be banked per the following schedule:
Full-Time Faculty, Academic Staff, and Limited Appointees – Paid Leave Bank (ALRA) Banking Schedule
Years of Continuous Service* Hours that can be placed in leave bank
First 10 Years 0
10+ to 25 Years 40
25 Years & Over 80

* Years of Continuous Service for Paid Leave Bank (ALRA) eligibility – includes time in a vacation-earning position with the State of Wisconsin and any time in a faculty, academic staff, or limited appointment eligible to earn sick leave. For employees with a break in service: years of continuous services must be adjusted for any breaks in service and employee must return within sick leave reinstatement period to count years prior to break in service.

When

Past occurrences (6)

  • 10 to 11 a.m. Thursday, July 1, 2021
  • 10 to 11 a.m. Saturday, July 31, 2021
  • 10 to 11 a.m. Tuesday, Aug. 31, 2021
  • 10 to 11 a.m. Thursday, Sept. 30, 2021
  • 10 to 11 a.m. Sunday, Oct. 31, 2021
  • 10 to 11 a.m. Tuesday, Nov. 30, 2021

Where

Online

Contact

For questions about this event or to request disability accommodations , contact Human Resources at 608.785.8013 or hrinfo@uwlax.edu.

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