Common use of Overload Banking Clause in Contracts

Overload Banking. 7.14.1 Overload banking is a means by which tenured faculty members may earn load credit instead of salary for assignments that are beyond their 1.0 FTEF standard contractual assignment as defined in Article VII. Tenured faculty members may “bank” this credit so that it is retained over a designated period of time, for use during a future academic term (fall and spring semesters only) to receive a reduced load without loss of pay for their regular 1.0 FTEF assignment. 7.14.2 Tenured full-time faculty may be assigned up to an additional .40 FTEF per semester (fall and spring semesters only) as an overload. Unit Members who are given an overload assignment may elect to bank the greater of the FTEF of one Course Reference Number (CRN) or 0.20 of the overload assignment worked in any one (1) semester (fall and spring semesters only). If a unit member elects to bank an overload assignment, the unit member must make her/his intention known in writing to her/his immediate supervisor at as soon as possible however, prior to the first day of instruction of the semester during which the banking will take place. 7.14.3 A Unit Member may not accumulate more than 1.0 FTEF of a full semester workload. 7.14.4 A Unit Member may utilize banked time during a subsequent semester (fall and spring semesters only) for the purpose of a reduction in her/his 1.0 FTEF contract assignment, provided the reduction does not exceed the equivalent of

Overload Banking. 7.14.1 Overload banking is a means by which tenured faculty members may earn load credit instead of salary for assignments that are beyond their 1.0 FTEF standard contractual assignment as defined in Article VII. Tenured faculty members may “bank” this credit so that it is retained over a designated period of time, for use during a future academic term (fall and spring semesters only) to receive a reduced load without loss of pay for their regular 1.0 FTEF assignment. 7.14.2 Tenured full-time faculty may be assigned up to an additional .40 FTEF per semester (fall and spring semesters only) as an overload. Unit Members who are given an overload assignment may elect to bank the greater of the FTEF of one Course Reference Number (CRN) or 0.20 of the overload assignment worked in any one (1) semester (fall and spring semesters only). If a unit member elects to bank an overload assignment, the unit member must make her/his histheir intention known in writing to her/his histheir immediate supervisor at as soon as possible however, prior to the first day of instruction of the semester during which the banking will take place. 7.14.3 A Unit Member may not accumulate more than 1.0 FTEF of a full semester workload. 7.14.4 A Unit Member may utilize banked time during a subsequent semester (fall and spring semesters only) for the purpose of a reduction in her/his histheir 1.0 FTEF contract assignment, provided the reduction does not exceed the equivalent of