11.01

All overtime hours earned in Article 6 (Overtime), Article 9 (Time Credits While Travelling), and Article 18 (Holidays) will be credited to the employee’s CTB.

11.02

The granting of compensating leave, chargeable to the employee’s CTB may be taken off at a time mutually agreed upon between the employee and Detachment/Unit Commander.

11.03

(a) (i) An employee may, at the employee’s option, request a lump sum at the rate it was earned for all or any portion of the hours in the employee’s Compensating Time Bank on a monthly basis.

Accumulated hours in excess of one hundred (100) remaining in an employee’s Compensating Time Bank at December 31 of each year shall be paid out on a lump sum basis at the rate it was earned. The Employer shall pay out all accumulated hours no later than the last pay date of February of the following calendar year.

Failure to make such payments shall not be regarded as a violation of this Collective Agreement where such failure is due to reasons beyond the control of the Employer.

(ii) Effective January 1, 2017, an employee may, at the employee’s option, request a lump sum payment at the rate it was earned for all or any portion of the hours in the employee’s Compensating Time Bank on a monthly basis. Accumulated hours in excess of forty (4) remaining in an employee’s Compensating Time Bank at December 31 of each year shall be paid out on a lump sum basis at the rate it was earned. The Employer shall pay out all accumulated hours no later than the last pay date of February of the following calendar year.

Failure to make such payments shall not be regarded as a violation of this Collective Agreement where such failure is due to reasons beyond the control of the Employer.

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