PTO Cash Out. Non-probationary employees who terminate shall be paid for all unused, accrued paid time off. Such cash out shall be made by the Employer at the time of the employee’s final paycheck.
PTO Cash Out. Employees can opt to receive a PTO cash out pursuant to the Employer policy and applicable state and federal requirements.
PTO Cash Out. Pursuant to Internal Revenue Service Rules and Regulations, employees may annually, with the approval of the County Administrator, cash-out up to forty (40) hours of Paid Time Off (PTO). In order to convert such PTO to cash, the employee must, during open enrollment of the payroll year PRIOR to cash out, submit to the EMPLOYER online, the specific number of PTO hours requested for cash out. The EMPLOYER shall cash out such PTO at a designated time the year following receipt of the irrevocable election. At the employee’s option, he/she may deposit all or part of this cash into a deferred compensation account.
Section 1. Sick leave shall be earned by eligible employees who are not participating in paid time off (PTO) and shall be at the rate of .046154 hours for each hour of service except that newly hired, or REHIRED employees who have completed less than six (6) months of service, shall earn sick leave benefits at the rate of .030769 hours for each hour of service.
Section 2. Sick leave benefits shall only accrue when an eligible employee is on compensated REGULAR HOURS or, in accordance with state and federal laws, is on approved military leave.
Section 3. An eligible employee may accumulate seven hundred twenty (720) hours of sick leave. For every eight (8) hours of sick leave accumulated in excess of seven hundred twenty (720) hours, the employee will be given credit for four (4) hours of additional vacation and four (4) hours of sick leave. Sick leave shall be charged off only for hours that would normally have been worked.
Section 4. Upon separation of employment in good standing of any REGULAR EMPLOYEE, such employee shall be paid for his/her accumulated unused sick leave at the employee's BASE PAY RATE subject to the limitations on severance payment stated in the Article herein titled "Severance Pay."
Section 5. An employee may utilize their allowance of sick leave if approved by the EMPLOYER for absences necessitated by inability to perform the duties of his/her position by reason of illness or injury, by necessity for medical care or dental care, or by exposure to contagious disease under circumstances in which the health of employees with whom he/she is associated or members of the public with whom he/she deals would be endangered by their attendance on duty, or by illness in their immediate family for such periods as their absence is necessary subject to certification by medical authority.
Section 6. Sick leave benefits when authorized shall be ...
PTO Cash Out. The Employer agrees to allow bargaining unit employees the ability to cash out or donate PTO and/or PTO-Safe Sick in the same manner as other PMJCC non-contract employees. In the event the Employer modifies the current manner in which PTO and/or PTO-Safe Sick is cashed out, the Employer will notify the Union at least thirty (30) days prior and, upon request, bargain over the effects of such changes.
PTO Cash Out. Cash out of PTO will be in accordance with SHS policy and applicable law. Employees may make cash out elections once per year in the month of November for actual cash out to take effect once per quarter in any or all of the four (4) quarters of the following year employees may cash out a maximum of one hundred sixty (160) hours per year.
PTO Cash Out. On one occasion each calendar year until the expiration of this contract, an employee who had used eighty (80) or more hours of specified leave (i.e., Vacation/PTO) during the preceding calendar year may elect to convert up to sixty (60) hours of accrued PTO into a cash payment, at the base rate of pay in effect at the time of the cash-out. In order to sell back PTO, an employee must make an irrevocable election (i.e., pre-designation) during the month of December, specifying the number of hours to be sold back from the next year’s PTO accrual. During the calendar year following the pre-designation, no more than three (3) requests may be made to cash out the PTO in a single block of not less than eight (8) hours and no more than sixty (60) hours. An employee shall be eligible to cash-out PTO hours accrued up to the preceding pay period in which he/she requested the cash-out. For example, an employee who requests a cash-out in pay period 15 can only cash-out the PTO accrued through pay period 14. The number of hours requested for cash-out shall not exceed an amount equal to or less than the amount accrued. For example, an employee in December 2019 makes a pre-designation to cash-out 25 hours. The employee accrues 4.31 hours of PTO per pay period. At the end of pay period 2 the employee can request to cash- out the 8 hours of PTO that she had accrued, but is not yet eligible to cash-out the entire 25 pre-designated hours because the employee has yet to accrue 25 hours of PTO. Once an election is made, if the employee does not request that the designated number of hours be sold back by pay period 25 of the calendar year in which the election is effective, the hours will be automatically converted to cash in pay period 26. The PTO cash-out shall sunset upon the expiration of the agreement.
PTO Cash Out. Employees who have been continuously employed for one (1) year may request one cash-out per calendar year of up to 80 hours of accrued PTO. PTO cash out must be made in whole hour increments and the employee must retain a minimum of eighty (80) hours in their PTO to be eligible for cash out. PTO cash outs will be made on regularly scheduled pay days. Requests for cash-out must be made at least four (4) weeks prior to the desired cash out and submitted to Human Resources on a KVH PTO Cash-Out form. PTO cash out shall be made at the employee’s base rate of pay in effect at the time the cash-out form was submitted.
PTO Cash Out. PTO shall be cashed out in two circumstances: (1) upon termination of employment (resignations are subject to proper written notice), when all accrued and unused PTO will be cashed out; and (2) according to policy C P G H .1 02 .5 60 ( HR-512), Paid Time Off (PTO) Cash-Out Options. All PTO hours cashed out are paid at the nurse's base rate of pay not including any pay differentials.
PTO Cash Out. Employees who met the eligibility requirements for the PTO cash-out prior to converting from the MBO to the traditional benefit option, and predesignated to cash-out PTO during the required pre- designation period while in the MBO, shall remain eligible to cash-out PTO. However, employees enrolled in the traditional benefit option shall not be eligible to pre-designate to cash-out PTO while enrolled in the traditional benefit option unless employee intends to convert to the MBO during next calendar year’s open enrollment period and start accruing PTO that calendar year. NEW EMPLOYEE ORIENTATION Consistent with current practice, CNA representatives shall be allocated time, to participate in New Employee Orientation for new Registered Nurses covered by this agreement. The CNA representatives participating in the orientation may be the staff labor representative and/or a bargaining unit member designated by CNA to participate in the orientation. The County will provide the Association Representative with New Employee Orientation schedules, subject to change, on an annual basis, and an updates as they occur, including dates, times and locations of the sessions. Such time will be scheduled within the new employee orientation agenda. The County will provide an appropriate area for the Association to meet with the new bargaining unit members. It is further agreed that, should the Association designate a Nurse Representative to meet with new employees, the Nurse Representative’s time will be paid and the Nurse Representative will be released from work for the time needed to meet with employees, provided that the Nurse Representative give his/her supervisor sufficient advance notice. The County will make its best efforts to provide the Association with a list of the expected RN participants in orientation at least 48 hours prior to the session. NON-DISCRIMINATION
PTO Cash Out. A Flight Attendant whose PTO balance is 32 or more days at the end of any calendar year and who elected in the previous calendar year to cash out a specified number of PTO days in excess of 31 shall receive cash according to her election for up to the number of PTO days accrued during the applicable calendar year less the number of PTO days utilized as sick days or personal days during the applicable calendar year; provided, that a Flight Attendant’s PTO Bank may not fall below 31 days as a result of any cash out (e.g., a Flight Attendant with 33 PTO days may cash out up to 2 days, a Flight Attendant with 39 PTO days may cash out up to 8 days, or a Flight Attendant with 52 PTO days may cash out up to 12 days). For each day “cashed out” under this subsection the Company will deduct one day from the Flight Attendant’s PTO Bank. The Company will make PTO “cash out” payments at the rates established by the table below not later than the second regular paycheck of the following calendar year. 6 to 12 days used as sick 75% 1 to 5 days used as sick 90% 0 days used as sick 100%
