Common use of Unused PTO Days Clause in Contracts

Unused PTO Days. At the end of the contract year or retirement, individuals who are not covered by 13-8 benefits (cafeteria plan) may use PTO days as follows: a. Up to five (5) days may be sold back at the rate of $150 per day in a lump sum payment plan provided the individual has qualified for the Incentive for Attendance as provided in 10-2-2-1.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Unused PTO Days. At the end of the contract year or retirement, individuals who are not covered by 13-8 benefits (cafeteria plan) may use PTO days as follows: a. Up to five (5) days may be sold back at the rate of $150 175 per day in a lump sum payment plan provided the individual has qualified for the Incentive for Attendance as provided in 10-2-2-1.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Unused PTO Days. At the end of the contract year or retirement, individuals who are not covered by 13-8 benefits (cafeteria plan) may use PTO days as follows: a. Up to five (5) days may be sold back at the rate of one hundred seventy-five dollars ($150 175) per day in a lump sum payment plan provided the individual has qualified for the Incentive for Attendance as provided in 10-2-2-1.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Unused PTO Days. At the end of the contract year or retirement, individuals who are not covered by 13-8 benefits (cafeteria plan) may use PTO days as follows: a. Up to five (5) days may be sold back at the rate of two hundred twenty five dollars ($150 225) per day in a lump sum payment plan provided the individual has qualified for the Incentive for Attendance as provided in 10-2-2-1.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Unused PTO Days. At the end of the contract year or retirement, individuals who are not covered by 13-8 13‐8 benefits (cafeteria plan) may use PTO days as follows: a. Up to five (5) days may be sold back at the rate of $150 per day in a lump sum lumpsum payment plan provided the individual has qualified for the Incentive for Attendance as provided in 10-2-2-110‐2‐2‐1.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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