PTO: (PAID TIME OFF)
These will replace sick leave days and personal A and B days. You may use them for any reason. Employees contracted for less than 200 days will receive 10 PTO days per year. Employees contracted more than 200 days will receive 11 PTO days per year. There will be no maximum accumulation on these days and current Sick Leave Balances will convert.
The Annual Unused PTO Incentive will pay you for unused days if fewer than five are used during the year. A daily rate not to exceed $150.00 will be paid at the end of the fiscal year into your 401k or medtrust. An employee using 5 or more PTO days would receive no payment that fiscal year.
The last school day before and first school day after Thanksgiving and Christmas Holidays, and the first and last days of school will require the use of two PTO days. This affects all employees. The only exception would be illness and a Dr.'s note will be required on the return day of work. The original Dr.'s note must be attached to your time sheet as it will not be corrected at a later date.
If PTO days are exhausted you may apply to the Sick Leave Bank if you donated to it. If you did not join the bank there will be a full day pay dock for each day missed and the cost of a sub.
If you donate to the Sick Leave Bank that day will not be counted as a PTO day used.
SICK LEAVE BANK: (optional)
Full time employees may donate 1 PTO day per year to the bank. This qualifies them to apply to the Sick Leave Bank Committee for the additional sick days needed if an employee's accumulated PTO days have been used. A majority vote of the members of the Sick Leave Bank Committee is required to approve an applicaton for additional sick leave days.
LONGEVITY INCENTIVE:
After an employee has completed their 21st year, a base of $1500.00 plus a percentage of 2.5% of their salary will be paid into their URS 401k. By this formula, an amount will be paid into this account each year the employee remains with the district. Those employees that have already given 21 + years will receive a pay back that will be paid over a five year period but employee must remain with the district to receive payment each year.
PTO PAY OUT FOR RETIREES:
Payout for unused PTO days will depend on years of service and days accumulated at retirement and would be paid into a medtrust account. For 20 years of service there will be 15% payout for days from 1-150, 20% payout for days 151-200 and 25% payout for days 201 and over. For 25 years there would be a 20% payout for days from 1-150, 30% for days 151-200, and 40% for days 201 and over. Payout for 30+ years will be 25% for 1-150 days, 35% for 151-200 days and 50% for days 201 and over.
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