![]() |
|
Date of Policy Adoption: January 25, 2000
Revised Effective Date: January 25, 2000
The purpose of the “Leave Bank” is to provide additional paid leave to full-time employees of the college who have been employed for at least 12 months and who have exhausted all available paid leave, but have not yet become eligible for short term disability. The employee must have a documented catastrophic illness or injury.
A full-time employee may voluntarily join the “Leave Bank” after one year of full-time employment at the college by donating a vacation day if a 12 month employee or a sick day if a less than 12 month employee. An employee must have a balance of 5 days of accrued vacation/sick leave after their donation. Forms are available from Human Resources. If an employee does not join the “Leave Bank” at the time of his/her first anniversary, s/he must wait until the next open enrollment period.
Employees must exhaust all paid leave (vacation, sick leave and compensatory time) before drawing from the “Leave Bank”. In order to qualify, the disabling condition must be expected to last at least two weeks beyond the expiration of all leave accruals. An employee who has received corrective action for “sick leave abuse” will forfeit his/her ability to withdraw accruals through this program.
In the event that the “Leave Bank” is depleted, employees participating in the program will be notified and, with their approval, another voluntary deduction of one day will be taken from their vacation/sick accrual account for their continued participation in the “Leave Bank”. This will be done to assure an adequate reserve in the “Bank” at all times.
Any income or salary continuation provided through this program will be considered taxable income, which will be the responsibility of the individual receiving the benefit.
Date of Policy Adoption: January 25, 2000Effective Date: January 25, 2000
_________________________________
Dr. Ed Harris, Board Chair