Common use of Release Time Bank Clause in Contracts

Release Time Bank. An employee may voluntarily contribute any earned compensatory or benefit time, subject to the provisions of this Section, to a separate Release Time Bank to be maintained by the District and thereby waive his/her right to the usage of, or payment for, such compensatory or benefit time. Such irrevocable contributions shall be in hourly increments and shall be made on a signed District form submitted to the designated time reporter during the pay period in which the time is earned. The Union shall have the right, upon request, to be informed as to the balance of hours in the Release Time Bank. For purposes of this Article, “compensatory or benefit time” shall include earned vacation and compensatory time.

Release Time Bank. An employee may voluntarily contribute any earned compensatory or benefit time, subject to the provisions of this Section, to a separate Release Time Bank to be maintained by the District and thereby waive his/her right to the usage of, or payment for, such compensatory or benefit time. Such irrevocable contributions shall be in hourly increments and shall be made on a signed District form submitted to the designated time reporter during the pay period in which the time is earned. The Union shall have the right, upon request, to be informed as to the balance of hours in the Release Time Bank. For purposes of this Article, “compensatory or benefit time” shall include earned vacation and compensatory time. 6.1 Up to four (4) designated employees at any one time may then use any contributed time-off in order to be released from duty without loss of pay to 06-08-2016 F: DATA: CONTRACT UNIT H 2014-2017: ART IV