Common use of Bank Enrollment Clause in Contracts

Bank Enrollment. Employees will be permitted to transfer a maximum of two (2) days of sick leave annually to the Sick Leave Bank. Following an employee's enrollment as a Sick Leave Bank member, one (1) day of sick leave shall be transferred from his/her sick leave account to the Sick Leave Bank. This shall occur by September 30 for current employees or after the 30th calendar day of initial employment for newly hired employees. If, at the time of a required contribution, an employee does not have a day to contribute, the next available day shall be transferred. An employee will not be considered a member of the Bank until the required annual contribution is made. All leave transferred to the Bank by an employee is final and not recoverable for re-credit to his/her personal sick leave account.

Appears in 4 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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