EC Collective Agreement Vacation Carry Over: What You Need to Know

Vacation time is a valuable benefit for many employees, and it`s important to understand the rules and regulations around it. If you`re an employee covered by the EC collective agreement, you may be wondering about vacation carry over. Here`s what you need to know.

What is the EC Collective Agreement?

The EC collective agreement is a contract between the Treasury Board of Canada and the Professional Institute of the Public Service of Canada (PIPSC). It covers employees in the EC group, which includes economists and social science professionals.

What is Vacation Carry Over?

In the EC collective agreement, vacation carry over refers to the practice of carrying over unused vacation time from one fiscal year to the next. Fiscal years run from April 1 to March 31.

How Much Vacation Time Can You Carry Over?

According to the EC collective agreement, employees can carry over a maximum of one year`s worth of vacation time. For example, if you have four weeks of vacation time per year, you can carry over four weeks to the next fiscal year. Any vacation time beyond that must be used or forfeited.

When Must Vacation Time be Used?

Vacation time must be used within the fiscal year it is earned, or it will be forfeited. However, if an employee is unable to take their vacation due to operational requirements, the vacation time can be carried over to the next fiscal year.

How Does Vacation Carry Over Affect Your Paycheque?

If you carry over vacation time to the next fiscal year, it will not be paid out in cash. Instead, it will be added to your vacation bank, which you can use in future years. This means that your paycheque may be slightly lower in the year you carry over vacation time, as you will not receive payment for that time.

What Happens to Unused Vacation Time if You Leave Employment?

If you leave your employment before using all of your vacation time, you will be paid out for any unused vacation time. However, you will not be paid out for any vacation time that was carried over from a previous fiscal year.

In conclusion, the EC collective agreement allows employees to carry over a maximum of one year`s worth of vacation time from one fiscal year to the next. This can be a useful benefit, but it`s important to understand the rules and regulations around vacation time and carry over. Be sure to consult your collective agreement or speak with your employer if you have any questions.