Impact Of Buy-Back/MPPP Election Sample Clauses

Impact Of Buy-Back/MPPP Election. Employees may select only one option (Buy-Back or MPPP) for each accrual period. Once the buy-back or MPPP Incentive election is made for any accrual period it may not be changed. Employees will receive the buy-back checks or MPPP credit no later than December 1 following the end of the accrual period. Unused sick leave hours for which an election to buy-back or transfer into the MPPP is not made shall be carried over to the next year, subject to maximum accumulation limits, and will no longer be available for any future Annual Buy-Back/MPPP incentive election.
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Impact Of Buy-Back/MPPP Election. Employees may select only one option (“Buy-Back” or MPPP) for each accrual period. Once the buy-back or MPPP Incentive election is made, for any accrual period, it may not be changed. Employees will receive the buy-back checks or MPPP credit no later than December 1 - following the end of the accrual period. Unused sick leave hours for which an election to buy back or transfer into MPPP is not made shall be carried over the next year, subject to the maximum accumulation limit, and will no longer be available for any future Annual buy-back/MPPP Incentive election. If an employee’s absence which qualifies for paid sick leave also qualifies as statutory family and medical leave (i.e., FMLA/CFRA), the employee may elect to preserve eligibility for participation in the annual buy-back or transfer into the MPPP of eligible accruals, if elected during the election period, by requesting to substitute vacation, floating holidays (for increments of a full day, only) or compensatory leave pay or, if he/she has no accrued vacation, floating holidays or compensatory leave, requesting to take the leave unpaid. The request must be made before receipt of sick pay.
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