COMPENSATION TIME OFF. Two (2) compensation time banks are established: ▪ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensation time to be paid out only upon separation from this Association. The first 80 hours of compensation time earned by an employee are recorded in this account. No annual buy back of this time is provided.
Appears in 1 contract
Sources: Memorandum of Understanding
COMPENSATION TIME OFF. Two Effective July 1, 1994, two (2) compensation time banks are will be established: ▪ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensation compensatory time to be paid out only upon separation from this Associationemployment. The first 80 hours of compensation compensatory time earned by an employee are recorded in this account. No annual buy back of this time is provided.
Appears in 1 contract
Sources: Memorandum of Understanding
COMPENSATION TIME OFF. Two Effective July 1, 1994, two (2) compensation time banks are will be established: ▪ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensation compensatory time to be paid out only upon separation from this Associationemployment. The first 80 hours of compensation compensatory time earned by an employee are recorded in this account. No annual buy back of this time is provided.
Appears in 1 contract
Sources: Memorandum of Understanding
COMPENSATION TIME OFF. Two Effective July 1, 1994, two (2) compensation time banks are will be established: ▪ ❖ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensation compensatory time to be paid out only upon separation from this Associationemployment. The first 80 hours of compensation compensatory time earned by an employee are recorded in this account. No annual buy back of this time is provided.
Appears in 1 contract
Sources: Memorandum of Understanding