Compensatory Time Conversion To Cash. Employees may convert accumulated compensatory time to cash as follows: a. Twice during the fiscal year an employee may request a cash payment of accumulated Compensatory Time Off (CTO). b. Requests for payment must be made in writing to the Finance Department at least thirty (30) days in advance of June 1st and December 1st of each year. c. Cash payment of CTO shall be paid on the first pay day which follows June 1st and December 1st of each year.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Compensatory Time Conversion To Cash. Employees may convert accumulated compensatory time to cash as follows:
a. Twice during the fiscal year an employee may request a cash payment of accumulated Compensatory Time Off (CTO).
b. Requests for payment must be made in writing to the Finance Department at least thirty (30) days in advance of June 1st and December 1st of each year.
c. Cash payment of CTO shall be paid on the first full pay day period which follows June 1st and December 1st of each year.
d. Upon separation of service from the City.
Appears in 1 contract
Samples: Memorandum of Understanding
Compensatory Time Conversion To Cash. Employees may convert accumulated compensatory time to cash as follows:
a. Twice during the fiscal year an employee may request a cash payment of accumulated Compensatory Time Off (CTO).
b. Requests for payment must be made in writing to the Finance Department at least thirty (30) days in advance of June 1st and December 1st of each year.
c. Cash payment of CTO shall be paid on the first pay day which follows June 1st and December 1st of each year.thirty
Appears in 1 contract
Samples: Memorandum of Understanding
