Common use of Maximum Accumulation of Compensatory Time Clause in Contracts

Maximum Accumulation of Compensatory Time. An employee who is eligible for compensatory time may accumulate up to eighty hours in compensatory leave credits. In the event an employee accrues more than eighty hours of compensatory leave credits, the employee must either use the excess compensatory leave credits within the pay-period in which it is earned or take paid overtime. An employee must use all compensatory leave credits within the calendar year in which it is earned or receive payment at the end of the calendar year at the employee’s then current rate of pay.

Maximum Accumulation of Compensatory Time. An employee who is eligible for compensatory time may accumulate up to eighty not convert more than forty hours in of overtime into compensatory leave credits. In the event an employee accrues more than eighty time in any given fiscal year (equaling sixty hours of compensatory leave credits, the employee must either use the excess compensatory leave credits within the pay-period in which it is earned or take paid overtimetime). An employee must use all compensatory leave credits within the calendar fiscal year in which it is earned or receive payment at the end of the calendar fiscal year (May 31st) at the employee’s then current rate of pay.

Maximum Accumulation of Compensatory Time. An employee who is eligible for compensatory time may accumulate up to eighty forty hours in compensatory leave credits. In the event an employee accrues more than eighty forty hours of compensatory leave credits, the employee must either use the excess compensatory leave credits within the pay-period in which it is earned or take paid overtime. An employee must use all compensatory leave credits within the calendar year in which it is earned or receive payment at the end of the calendar year at the employee’s then current rate of pay.