Compensatory Time

There is no compensatory time for exempt personnel.  Any non-exempt employee required to work more than 35 hours and up to and including 40 hours in any one week will receive compensatory time in an amount equal to the additional time worked, with the exception of those employees whose positions were designated by the Fund at the time of hire or re-assignment to require a 40 hour work week.  In order to receive compensatory time, the employee must be specifically requested by his or her supervisor to work the extra hours. 

An employee may not receive compensatory time for any work week in which the employee works in excess of 40 hours.  For work weeks in which the non-exempt employee works in excess of 40 hours, the employee will receive his or her regular hourly wage for 40 hours plus time-and-a-half for any hours worked in excess of 40 hours.

All compensatory time must be taken within 30 days of the pay period in which it was earned or it will be forfeited.

Compensatory time may not be taken in conjunction with annual leave or sick days. 

An employee must obtain his or her supervisor's approval in order to take compensatory time. Compensatory time may be carried over from one fiscal year to the next, but no more than 20 days of combined annual leave and compensatory time may be carried over from one fiscal year to the next.  (The Fund’s fiscal year begins October 1st.)