Common use of Reduction of Compensatory Balances Clause in Contracts

Reduction of Compensatory Balances. The Employer or its designee may on one occasion during each fiscal year reduce all employees’ compensatory time balances by 50% of the compensatory time bank, but not later than the last day preceding the start of the new fiscal year. Each employee may, one time during each fiscal year, cash out up to 100% of the compensatory time balance on the first payroll period in December or the first payroll period in June, as long as fiscal resources at the local court level permit. The maximum accrued compensatory time shall be 80 hours. Overtime earned in excess of the 80 hours in the compensatory time bank must be paid in cash.

Reduction of Compensatory Balances. The Employer or its designee may on one occasion during each fiscal year reduce all employees’ compensatory time balances by 50% of the compensatory time bank, but not later than the last day preceding the start of the new fiscal year. Each employee may, one time during each fiscal year, cash out up to 100% of the compensatory time balance on the first payroll period in December or the first payroll period in June, as long as longas fiscal resources at the local court level permit. The maximum accrued compensatory accruedcompensatory time shall be 80 hours. Overtime earned in earnedin excess of the 80 hours in the compensatory time bank must be paid in cash.