At the request of the Division of Personnel Services, a new earnings code to capture the holiday
credit and allow the employee to "bank" that credit while using 40 hours of leave time
has been added to the SHARP Earnings Codes effective with the pay period
beginning June 29, 1997 and ending July 12, 1997, paid on July 25, 1997.
The new earnings code has been defined as HCB, Holiday Credit~Banking the Credit. It
is used much like the earnings code HCC Holiday Comp. Time 1.0, except that HCB does not add to
the leave accruals (CTLA). This earnings code should be used when a employee records 40
hours of leave in the holiday week and the employee wants the holiday credit banked. This
earnings code will appear on the check/advice stub as Holiday Credit leave balances.
SAM:JM:kb
