Common use of Transfer of Unused PTO Clause in Contracts

Transfer of Unused PTO. During the Open Enrollment Period, employees may elect to transfer up to forty-eight (48) hours into their Extended Illness Bank (EIB) account at one hundred percent (100%) value. The minimum transfer to EIB is one (1) hour. PTO account balances may not go under eighty (80) hours. In order to exercise this election, eligible employees must notify Human Resources within the Benefits Open Enrollment Period of their decision to transfer the current year's accrual to EIB. The EIB hours will accumulate year-to-year to a maximum of five hundred (500) hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Transfer of Unused PTO. During the Open Enrollment Period, employees may elect to transfer up to forty-eight (48) hours into their Extended Illness Bank (EIB) account at one hundred percent (100%) % value. The minimum transfer to EIB is one (1) hour. PTO account balances may not go under eighty (80) hours. In order to exercise this election, eligible employees must notify Human Resources within the Benefits Open Enrollment Period of their decision to transfer the current year's accrual to EIB. The EIB hours will accumulate year-to-year to a maximum of five hundred (500) hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Transfer of Unused PTO. During the Open Enrollment Period, employees may elect to transfer up to forty-eight (48) hours of PTO into their Extended Illness Bank (EIB) account at one hundred percent (100%) % value. The minimum transfer to EIB is one (1) hour. PTO account balances may not go under eighty (80) hours. In order to exercise this election, eligible employees employee must notify Human Resources within the Benefits Open Enrollment Period of their decision to transfer the current year's accrual to EIB. The EIB hours will accumulate year-to-year to a maximum of five hundred (500) hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Transfer of Unused PTO. During the Open Enrollment Period, employees may elect to transfer up to forty-eight (48) hours into their Extended Illness Bank (EIB) account at one hundred percent (100%) value. The minimum transfer to EIB is one (1) hour. PTO account balances may not go under eighty (80) hours. In order to exercise this election, eligible employees must notify Human Resources within the Benefits Open Enrollment Period of their decision to transfer the current year's accrual to EIB. The EIB hours will accumulate year-to-year to a maximum of five hundred (500) hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Transfer of Unused PTO. During the Open Enrollment Period, employees may elect to transfer up to forty-eight (48) hours into their Extended Illness Bank (EIB) account at one hundred percent (100%) value. The minimum transfer to EIB is one (1) hour. PTO account balances may not go under eighty (80) hours. In order to exercise this election, eligible employees must notify Human Resources within the Benefits Open Enrollment Period of their decision to transfer the current year's accrual to EIB. ElB. The EIB hours will accumulate year-to-year to a maximum of five hundred (500) hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Transfer of Unused PTO. During the Open Enrollment Period, employees may elect to transfer up to forty-eight (48) 48 hours into their Extended Illness Bank (EIB) account at one hundred percent (100%) % value. The minimum transfer to EIB is one (1) hour. PTO account balances may not go under eighty (80) hours. In order to exercise this election, eligible employees must notify Human Resources within the Benefits Open Enrollment Period of their decision to transfer the current year's accrual to EIB. The EIB hours will accumulate year-to-year to a maximum of five hundred (500) hours.go

Appears in 1 contract

Samples: Collective Bargaining Agreement

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