Voluntary Personal Leave Program Sample Clauses

Voluntary Personal Leave Program. (VPLP) A. Employees participation in the program shall be on a voluntary basis. Each full- time employee participating in the program shall be credited with eight (8) hours of VPLP on the first day of the following monthly pay period for each month in the VPLP. B. Each full-time employee participating in the VPLP shall continue to work his/her assigned work schedule and shall have a reduction in pay equal to 4.62%. In exchange, 8 hours of leave will be credited to the employee's VPLP monthly. C. Personal leave shall be requested and used by the employee in the same manner as vacation or annual leave. Requests to use personal leave must be submitted in accordance with departmental policies on vacation and annual leave. D. An employee may accumulate no more than 240 hours of VPLP. When an employee reaches 240 hours of VPLP or would exceed 240 hours of Personal Leave with further accumulation, he/she shall be removed from the VPLP. When an employee is removed from the VPLP, he/she may not participate for a minimum of 12 months and he/she is not eligible to re-enroll until his/her balance is reduced to a maximum of 120 hours. E. At the discretion of the State, all or a portion of unused Personal Leave credits may be cashed out at the employee's salary rate at the time the Personal Leave payment is made. It is understood by both parties that the application of this cash out provision may differ from department to department and from employee to employee. Upon termination from State employment, the employee shall be paid for unused Personal Leave credits in the same manner as vacation or annual leave. Cash out or lump sum payment for any Personal Leave credits shall not be considered as "compensation" for purposes of retirement. F. Participating employees shall be entitled to the same level of State employer contributions for health, vision, dental, flex-elect cash option, and enhanced survivors benefits he or she would have received had they not participated in the VPLP. G. The VPLP shall not cause a break in State service, a reduction in the employee's accumulation of service credit for the purpose of seniority and retirement, leave accumulation, or a Merit Salary Adjustment. H. The VPLP shall neither affect the employee's final compensation used in calculation State retirement benefits nor reduce the level of State death or disability benefits the employee would otherwise receive or be entitled to receive nor shall it affect the employee's ability to suppleme...