PTO/EIB Accrual. Full-time and part-time nurses shall accrue PTO and EIB benefits in accordance with the following schedule. Paid Time Off will accrue on all paid hours and low census hours not to exceed 2080 hours each anniversary year of employment. Accrual rates are based on the employee’s date of hire. PAID TIME OFF (PTO) EXTENDED ILLNESS BANK (EIB) Paid Hours Of Service Hourly Accrual Max Hours Per Year Max Accrued Hours Hourly Accrual Max Hours Per Year Max Accrued Hours 1 - 3 Years 0.088462 184 384 0.0269 56 824 4 - 9 Years 0.115385 240 464 0.0269 56 824 10 - 15 Years 0.130770 272 544 0.0269 56 824 16+ Years 0.138462 288 576 0.0269 56 824 Accruals cease when the maximum accrual level has been reached, but resume when leave is taken to keep the accrual level below the maximum. Maximum hours per year cease when the maximum accrual hours per year have been reached. Upon request, a nurse’s manager will provide to the nurse a written summary of hours accrued from the most recent anniversary date. [Unused PTO hours may at the employee’s request be transferred and credited to the employee’s EIB hours balance, so long as the employee maintains forty (40) hours in the PTO balance.]
PTO/EIB Accrual. Full-time and part-time nurses shall accrue PTO and EIB benefits in accordance with the following schedule. Paid Time Off will accrue on all paid hours and low census hours not to exceed 2080 hours each anniversary year of employment. Accrual rates are based on the employee's date of hire. PAID TIME OFF (PTO) EXTENDED ILLNESS BANK (EIB) Paid Hours of Service Hourly Accrual Maximum hours per Year Maximum accrued hours Hourly Accrual Maximum hours per Year Maximum accrued hours 4-9 Yrs 0.115385 240 464 0.0269 56 1040 10-15 Yrs 0.130770 272 544 0.0269 56 1040 16+ Yrs 0.138462 288 576 0.0269 56 1040 Accruals cease when the maximum accrual level has been reached, but resume when leave is taken to keep the accrual level below the maximum. Maximum hours per year cease when the maximum accrual hours per year have been reached. Upon request, a nurse’s manager will provide to the nurse a written summary hours accrued from the most recent anniversary date. [Unused PTO hours may at the employee's request be transferred and credited to the employee's EIB hours balance, so long as the employee maintains forty(40) hours in the PTO balance.]
