The City allows you to sell up to 50% of your annual leave that you accrue in the current plan year. This can be used to help pay for your benefits, or it can simply increase your salary.
For each hour of annual leave you sell, you receive credit for an hour's pay (prorated by pay periods over the year) back in your paycheck.
A couple of rules to keep in mind:
* You can sell annual leave only during annual enrollment.
* You cannot sell annual leave if you have a negative leave balance at the time of enrollment.
* Applies only to leave accrued in the current plan year. Does not include hours accrued from previous years.
For more information about benefit bucks, please contact Employee Benefits at 865-215-2111.