§ 92. Vacations, sick leaves and leaves of absence of officers and
employees. 1. The governing board of each county, city, town, village,
school district, and of each fire district or other district corporation
and of each civil or political division of the state by local law,
ordinance or resolution, or in the city of New York the mayor by order
may grant vacations, sick leaves and leaves of absence to its officers
or employees with or without pay and adopt rules and regulations in
relation thereto. Notwithstanding any other provision of law, any such
governing board or mayor may also in like manner provide for cash
payment of the monetary value of accumulated and unused vacation time or
time allowances granted in lieu of overtime compensation standing to the
credit of its officers and employees at the time of their separation
from the service, or in case of death in service, to be paid to their
beneficiaries.

2. An employee of a county, city, town, village, school district, and
of each fire district or other district corporation and of each civil or
political division of the state who is elected by an employee
organization certified or recognized by the employer pursuant to article
fourteen of the civil service law may be granted a leave of absence from
their regular position for the purpose of serving with such employee
organization.

3. The governing board of each county, city, town, village, school
district, and of each fire district or other district corporation and of
each civil or political division of the state may provide by local law,
ordinance or resolution or in the city of New York the mayor by order,
that vacations granted to its officers and employees shall be earned by
and credited to them for each day, week or month of service and for the
payment for such earned and credited vacations prior to the commencement
thereof.