Lieu Time Off. Where an employee has chosen equivalent time off in lieu of pay in accordance with Article 14.09, such time off shall be scheduled at a mutually agreeable time as soon as possible after it is earned. Such time may be accumulated to a maximum of forty five (45) hours for Full Time employees and forty-five (45) hours for Part Time employees. Any time in excess of the maximum amounts referred to above will be paid out within the current pay period. Lieu banks will be paid out at the end of the fiscal year except that a nurse may request and the Hospital may approve, in its discretion, a carry-over of some or an employee’s entire lieu bank to the next fiscal year. Such requests must be submitted in writing to the Director of Clinical Services by March 1. A nurse who wants to request a payout of some or all of the lieu bank prior to the annual end of March payout must submit a written request to the Director of Clinical Services at least eight (8) calendar days prior to payday. The requested monies will then be included with the next regular deposit.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement