Bank Rules Sample Clauses

Bank Rules. 1. The Sick Leave Bank shall have a minimum of eighty (80) days on deposit before being activated. At no time shall the balance of days on deposit fall below zero (0). 2. In the event the balance of days on deposit falls below twenty
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Bank Rules. 1. The Sick Leave Bank shall have a minimum of eighty (80) days on deposit before being activated. At no time shall the balance of days on deposit fall below zero (0). 2. In the event the balance of days on deposit falls below twenty (20) days during a school year, all participating members shall contribute one (1) additional day in order to replenish the bank to the level established to D(1) above to reactivation. The bank can only be replenished 2 times per school year. Any employee not contributing under this provision shall be considered to have dropped his/her membership and shall not have his/her previously contributed days returned. The one day contributed under this section D(2) shall not be returned to the employee unless the bank fails to be reactivated.
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Related to Bank Rules

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