Common use of Banked Leave Time Clause in Contracts

Banked Leave Time. 29 Accumulated Banked Leave Time (BLT) may be used by an employee in the same 30 manner as regular annual leave. Accumulated BLT hours shall not be counted against 31 the employee’s regular annual leave cap, known as Part A hours. Before incurring 32 unpaid VWSAP Plan A or VWSAP Plan C hours all BLT hours must be exhausted. The 33 employee must exhaust all BLT hours prior to being considered for any annual leave 34 donation. 36 Upon an employee’s separation, death or retirement from State service, unused 37 BLT hours shall be contributed by the State to the employee’s account within the State 38 of Michigan 401(k) plan, and if applicable to the State of Michigan 457 plan. Such 39 contribution shall be treated as non-elective Employer contributions, and shall be 40 calculated using the product of the following: (i) the number of BLT hours and, (ii) the 41 employee’s base hourly rate in effect at the time of the employee’s separation, death, or 42 retirement from state service.

Banked Leave Time. 29 Accumulated Banked Leave Time (BLT) may be used by 31 an employee in the same 30 manner as regular annual leave. Accumulated BLT 32 hours shall not be counted against 31 the employee’s regular annual leave cap, 33 known as Part A part a hours. Before incurring 32 unpaid VWSAP Plan A or VWSAP Plan C hours all BLT 34 hours must be exhausted. The 33 employee must exhaust all BLT hours prior to 35 being considered for any annual leave 34 donation. 36 37 Upon an employee’s separation, death or retirement from State state service, unused 37 38 BLT hours shall be contributed by the State state to the employee’s account within the 39 State 38 of Michigan 401(k) plan, and if applicable to the State of Michigan 457 plan. 40 Such 39 contribution shall be treated as non-elective Employer employer contributions, and 41 shall be 40 calculated using the product of the following: (i) the number of BLT 42 hours and, (ii) the 41 employee’s base hourly rate in effect at the time of the 43 employee’s separation, death, or 42 retirement from state service.. 44

Banked Leave Time. 29 19 Accumulated Banked Leave Time (BLT) may be used by an employee in 20 the same 30 manner as regular annual leave. Accumulated BLT hours shall not be 21 counted against 31 the employee’s regular annual leave cap, known as Part A 22 hours. Before incurring 32 unpaid VWSAP Plan A or VWSAP Plan C hours all BLT 23 hours must be exhausted. The 33 employee must exhaust all BLT hours prior to 24 being considered for any annual leave 34 donation. 36 26 Upon an employee’s separation, death or retirement from State service, 27 unused 37 BLT hours shall be contributed by the State to the employee’s account 28 within the State 38 of Michigan 401(k) plan, and if applicable to the State of 29 Michigan 457 plan. Such 39 contribution shall be treated as non-elective Employer 30 contributions, and shall be 40 calculated using the product of the following: (i) the 31 number of BLT hours and, (ii) the 41 employee’s base hourly rate in effect at the 32 time of the employee’s separation, death, or 42 retirement from state service.

Banked Leave Time. 29 23 Accumulated Banked Leave Time (BLT) may be used by an employee in the same 30 24 manner as regular annual leave. Accumulated BLT hours shall not be counted against 31 25 the employee’s regular annual leave cap, known as Part A part a hours. Before incurring 32 26 unpaid VWSAP Plan A or VWSAP Plan C hours all BLT hours must be exhausted. 28 The 33 employee must exhaust all BLT hours prior to being considered for any annual 29 leave 34 donation. 36 Upon an employee’s separation, death or retirement from State state service, 30 unused 37 BLT hours shall be contributed by the State state to the employee’s account within the 31 State 38 of Michigan 401(k) plan, and if applicable to the State of Michigan 457 plan. Such 39 32 contribution shall be treated as non-elective Employer employer contributions, and shall be 40 33 calculated using the product of the following: (i) the number of BLT hours and, (ii) the 41 34 employee’s base hourly rate in effect at the time of the employee’s separation, death, or 42 35 retirement from state service.