Load banking definition

Load banking means the accumulation of current overload assignments for future redemption as load bank leave, or if such leave is not taken or granted, as deferred salary as provided in this section.
Load banking means the accumulation of currentoverload assignments for future redemption as load bank leave, or if such leave is not taken or granted, as deferred salary as provided in this section.
Load banking. A faculty member is allowed to teach additional classes above the normal class load. Nonteaching faculty are allowed to teach, counsel, or perform other duties for the District for which they are qualified, beyond their regular obligations. Nonteaching hours will be converted to TLUs using the formula established in section 3.14. In lieu of payment for this overload, the faculty member may elect to bank those TLUs for future use as released time. 3.15.1 The banked TLUs will be accumulated at a rate of 100 percent of the actual TLUs worked. 3.15.2 The frequency of released time under this article shall be no more than one semester (or its equivalent) out of every three years. 3.15.3 Banked TLUs may not be accumulated and used in the same semester. 3.15.4 Each semester a faculty member wishing to bank TLUs must complete a "banking application," which includes approval by his/her Division Chair and the appropriate Vice President or Campus Vice President. This completed form is submitted to the Human Resources Office. 3.15.5 No more than 22.5 TLUs can be accumulated. 3.15.6 If a section being banked is canceled, the banking is canceled and the faculty member is paid for the classes that met. 3.15.7 A faculty member who does not carry a full load in any semester will withdraw any accrued TLUs, at the rate earned, from the bank to complete the load. 3.15.8 The faculty member must apply for banked time off at least one month before the class schedule development deadline. 3.15.9 Banked TLUs may not be held for more than five years. If the faculty member does not take the time off by the eleventh semester after the banking began, he/she will be paid for that time at the hourly rate in effect at the time the TLUs were banked, using a "first in, first out" approach. If denied by administration, the faculty member will get a one-year extension. 3.15.10 Prior to taking time off, the following must be certified by the faculty member, Division Chair, and the appropriate Vice President or Campus Vice President: 3.15.10.1 The program will not be jeopardized by the absence of the faculty member, and 3.15.10.2 Competent staff are available to teach the classes/provide the services vacated by the faculty member. 3.15.10.3 If the requested time off is denied by administration, the faculty member will get a one-year extension. 3.15.11 In the event the faculty member is no longer employed by the District, the banked TLUs will be paid to the individual or his/her estate.

Examples of Load banking in a sentence

  • Load banking will not apply to any classes taught during Intersession.

  • Load banking may be combined with a Sabbatical Leave, but the combination shall not exceed 100% of a faculty member’s base compensation.

  • Load banking only exists with respect to full courses taught as part of an overload, including summer school.

  • A unit member taking a Sabbatical Leave of Absence has until the end of the Term preceding the Sabbatical Leave of Absence to complete the required Load banking.

  • Load banking may be used to supplement a year-long sabbatical leave (in order to bring the salary to 100%); however, in no case shall the combination of sabbatical leave pay and banked leave pay exceed the unit member’s base pay.

Related to Load banking

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • Online Banking is the internet-based service providing access to your Bank account(s);