PTO Cash Out for Employees on Medical LOA Sample Clauses

PTO Cash Out for Employees on Medical LOA. Employees on a medical LOA are eligible to request a PTO cash-out one time per month once the employee is no longer receiving 100 percent of pay from all combined income sources, including state disability, the company short term disability plan provider, and pay from the company. If the employee has the requisite number of PTO hours, the employee can request between 20 hours, or the current accrued balance if it is less than 20 hours, up to a maximum of 100 hours per monthly request. When an employee on an approved medical LOA is out for a period of six months or is approved for long term disability benefits, whichever occurs first, the accrued PTO balance is cashed out. Employees must contact the HRSC LOA team to request a cash-out and complete Form C-809, Request for Paid Time Off/Vacation Cash-Out While on Medical Leave of Absence.
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