PTO Cash Out Option. Employees who have completed one year of service may elect to receive up to 40 PTO hours each year in cash in lieu of time off following their one-year anniversary. Employees with six plus years of continuous service may elect to receive up to 80 PTO hours each year in cash in lieu of time off. Such election must be submitted in writing at least 30 days prior to receiving payment.
Appears in 4 contracts
Samples: Bargaining Agreement, Bargaining Agreement, Bargaining Agreement
PTO Cash Out Option. Employees who have completed one year of service may elect to receive up to 40 PTO hours each year in cash in lieu of time off following their one-year one-‐year anniversary. Employees with six plus years of continuous service may elect to receive up to 80 PTO hours each year in cash in lieu of time off. Such election must be submitted in writing at least 30 days prior to receiving payment.
Appears in 1 contract
Samples: Agreement
