Common use of Earned Compensatory Time Clause in Contracts

Earned Compensatory Time. 25 (1) Hours that are not required to be paid in cash by the Federal Fair Labor Standards 26 Act or other provisions in this Agreement shall be compensated in the form of 27 compensatory time off (hereafter “Earned Compensatory Time”). Earned 1 Compensatory Time shall be placed in the employee’s Earned Compensatory Time 2 Bank. 4 (2) Earned Compensatory Time may be liquidated in cash at the Appointing Authority’s 5 option during the term of the employee’s employment, but shall be paid in cash 6 upon an employee’s separation from employment. When Earned Compensatory 7 Time is liquidated in cash, it shall be paid at the employee’s straight time hourly rate 8 in effect at the time such payment is made. 10 (3) Earned Compensatory Time may be accrued to a maximum of one hundred twenty 11 (120) hours. All hours in excess of one hundred twenty (120) will be liquidated in 12 cash and paid at the employee’s straight time hourly rate in effect at the time such 13 payment is made.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Earned Compensatory Time. 25 (1) Hours that are not required to be paid in cash by the Federal Fair Labor Standards 26 25 Act or other provisions in this Agreement shall be compensated in the form of 27 26 compensatory time off (hereafter “Earned Compensatory Time”). Earned 1 Compensatory Time shall be placed in the employee’s Earned Compensatory Time 2 Bank. 4 (2) Earned Compensatory Time may be liquidated in cash at the Appointing Authority’s 5 option during the term of the employee’s employment, but shall be paid in cash 6 upon an employee’s separation from employment. When Earned Compensatory 7 Time is liquidated in cash, it shall be paid at the employee’s straight time hourly rate 8 in effect at the time such payment is made. 10 (3) Earned Compensatory Time may be accrued to a maximum of one hundred twenty 11 (120) hours. All hours in excess of one hundred twenty (120) will be liquidated in 12 cash and paid at the employee’s straight time hourly rate in effect at the time such 13 payment is made.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Earned Compensatory Time. 25 (1) Hours that are not required to be paid in cash by the Federal Fair Labor Standards 26 Act or other provisions in this Agreement shall be compensated in the form of 27 compensatory time off (hereafter “Earned Compensatory Time”). Earned 1 Compensatory Time shall be placed in the employee’s Earned Compensatory Time 2 Bank. 4 (2) Earned Compensatory Time may be liquidated in cash at the Appointing Authority’s 5 option during the term of the employee’s employment, but shall be paid in cash 6 upon an employee’s separation from employment. When Earned Compensatory 7 Time is liquidated in cash, it shall be paid at the employee’s straight time hourly rate 8 in effect at the time such payment is made. 10 (3) Earned Compensatory Time may be accrued to a maximum of one hundred twenty 11 (120) hours. All hours in excess of one hundred twenty (120) will be liquidated in 12 cash and paid at the employee’s straight time hourly rate in effect at the time such 13 payment is made.. 15 (4) An employee may liquidate his/her Earned Compensatory Time Bank by taking time

Appears in 1 contract

Sources: Collective Bargaining Agreement