Page 171 - ADMINISTRATIVE MANUAL

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2) Communication of leave credits – refers to conversion of unused leave credits to their
corresponding money value.
3) Employee – refers to the faculty and staff, whether of permanent, temporary, casual
or coterminous appointment, of the Isabela State University System, who have
accumulated fifteen (15) days of vacation leave credits shall be allowed to monetize
a minimum of ten (10) days;
4) Immediate family – refers to the spouse, legitimate children, parents, minor brothers,
sisters and any relative living under the same roof and dependent upon him/her the
employee for support.

RULE IV
RULES AND REGULATIONS

SECTION 5. Order of Priority in Granting this Benefit – Monetization of accumulated
vacation/sick leave credits may be allowed for valid and justifiable reasons, in the following
order of priority:

FIRST PRIORITY – Health, medical and/or Hospital Needs of the employee and/or his
immediate member/s of the family brought about by accidents or serious illness.

Two Categories of Health, Medical and/or Hospital Needs Cases:

a) Emergency – Cases that need prompt and immediate attention such as surgical and
medical cases.

SURGICAL CASES include but not limited to cases such as Caesarian Section, where the
female employee is under pre- as Caesarian Section wherein the female employee is under
pre-eclampsia, eclampsia, placenta previa, pre-maturity , abortions, and all other acute
surgical abdomen cases.

Other cases such as Appendectomy and Multiple Injuries secondary to Vehicular accidents
and other cases of similar nature;

MEDICAL CASES including but not limited to cases such as Cerebrovascular Accident
(CVA), Myocardial Infarction (MI), Hypertension and other cases of serious illness duly
determined and with proper recommendation from the University Physician and/or attending
physician.

b) Elective – Those which do not constitute between life and death situations, to be
properly determined and recommended by the University Physician and/or attending
physician, certifying the need of prompt and immediate medical attention.

SECOND PRIORITY – Educational Needs of the employee and/or his immediate member/s
of the family.

THIRD PRIORITY – Financial Aid such as payment of mortgages and loans which were
entered into and for the benefit of the employee.

FOURT PRIORITY – Other analogous cases as may be determined by the University
Management.

SECTION 6. Period of Availment – Except for the First Priority and subject to the availability
of funds, all applications for monetization should be processed and paid on the last week of
every quarter.