Common use of LOAD BANKING Clause in Contracts

LOAD BANKING. A. The District and the Association agree that it is desirable to take advantage of Education Code provisions permitting “load banking” based upon the fol- lowing principles: 1. Only full-course overloads or equivalent will be eligible for load bank- ing. 2. No more than 20% of a faculty member’s annual load, not to exceed .4666 FTE, may be banked in any one (1) semester and no more than two (2) semester courses may be banked in any one (1) year. 3. No more than the equivalent of one semester’s full-time load may be accumulated. 4. At any one (1) time no more than 6% of full-time faculty members may utilize their banked hours for a full semester reduction of load and such reduction of load may not be taken more than once every five (5) years. 5. Banked hours may be used by a faculty member to reduce a load during a semester. Faculty using banked hours have been granted a reduction of load, not a leave, as defined in Article XIII, Leaves, and are not excused from responsibilities enumerated in Article X, Section G. The faculty member must notify the administration of his/her intent to uti- lize a full-semester reduction of load at the time of submission of a tentative annual teaching assignment. 6. Banked hours may be used for professional or personal reasons exclud- ing full-time employment with another college district. B. A faculty member may “cash in” any portion of his/her load banked hours at any time. Where hours are “cashed in” instead of used for load banking, the faculty member shall be paid on the basis of the rate of pay in effect when the hours are cashed in, except that in no event can hours be accumulated beyond five (5) years after they were first earned. C. Should a full-time faculty member die, the total value of his/her accumulated banked hours shall be paid to his/her beneficiary(ies) in a timely manner.

LOAD BANKING. A. The District and the Association agree that it is desirable to take advantage of Education Code provisions permitting “load banking” based upon the fol- lowing following principles: 1. Only full-course overloads or equivalent will be eligible for load bank- ingbanking. 2. No more than 20% 20 percent of a faculty member’s annual load, not to exceed .4666 FTE, may be banked in any one (1) semester and no more than two (2) semester courses may be banked in any one (1) year. 3. No more than the equivalent of one (1) semester’s full-time load may be accumulated. 4. At any one (1) time no more than 6% 6 percent of full-time faculty members may utilize their banked hours for a full semester reduction of load and such reduction of load may not be taken more than once every five (5) years. 5. A faculty member electing to bank hours must make an election (in writing ) to do so by December 31 of the year prior to the calendar year when the banking will be done. In case of a substantive teaching assignment modification or personal necessity, the faculty member will be asked to complete an exception from which could be available for IRS inspection. In the first year that a faculty member becomes eligible to bank hours the election to bank hours must be made within 30 days of the faculty member becoming eligible to bank hours. 6. Banked hours may be used by a faculty member to reduce a load during a semester. Faculty using banked hours have been granted a reduction of load, not a leave, as defined in Article XIII, Leaves, and are not excused from responsibilities enumerated in Article X, Section G. H. The faculty member must notify the administration Administration of his/her intent to uti- lize utilize a full-semester reduction of load at the time of submission of a tentative annual teaching assignment. 6. Banked hours may be used for professional or personal reasons exclud- ing full-time employment with another college district. B. A faculty member may “cash in” any portion of his/her load banked hours at any time. Where hours are “cashed in” instead of used for load banking, the faculty member shall be paid on the basis of the rate of pay in effect when the hours are cashed in, except that in no event can hours be accumulated beyond five (5) years after they were first earned. C. Should a full-time faculty member die, the total value of his/her accumulated banked hours shall be paid to his/her beneficiary(ies) in a timely manner.

LOAD BANKING. A. The District and the Association agree that it is desirable to take advantage of Education Code provisions permitting “load banking” based upon the fol- lowing following principles: 1. : Only full-course overloads or equivalent will be eligible for load bank- ingbanking. 21. No more than 20% 20 percent of a faculty member’s annual load, not to exceed .4666 FTE, may be banked in any one (1) semester and no more than two (2) semester courses may be banked in any one (1) year. 32. No more than the equivalent of one semester’s full-time load may be accumulated. 43. At any one (1) time no more than 6% 6 percent of full-time faculty members may utilize their banked hours for a full semester reduction of load and such reduction of load may not be taken more than once every five (5) years. 4. A faculty member electing to bank hours must make an election (in writing ) to do so by December 31 of the year prior to the calendar year when the banking will be done. In case of a substantive teaching assignment modification or personal necessity, the faculty member will be asked to complete an exception from which could be available for IRS inspection. In the first year that a faculty member becomes eligible to bank hours the election to bank hours must be made within 30 days of the faculty member becoming eligible to bank hours. 5. Banked hours may be used by a faculty member to reduce a load during a semester. Faculty using banked hours have been granted a reduction of load, not a leave, as defined in Article XIII, Leaves, and are not excused from responsibilities enumerated in Article X, Section G. The faculty member must notify the administration Administration of his/her intent to uti- lize utilize a full-semester reduction of load at the time of submission of a tentative annual teaching assignment. 6. Banked hours may be used for professional or personal reasons exclud- ing full-time employment with another college district. B. A faculty member may “cash in” any portion of his/her load banked hours at any time. Where hours are “cashed in” instead of used for load banking, the faculty member shall be paid on the basis of the rate of pay in effect when the hours are cashed in, except that in no event can hours be accumulated beyond five (5) years after they were first earned. C. Should a full-time faculty member die, the total value of his/her accumulated banked hours shall be paid to his/her beneficiary(ies) in a timely manner.