Catastrophic Leave Bank - 402.5
|University of Arkansas at Little Rock|
|Policy Name: Catastrophic Leave Bank|
|Policy Number: 402.5|
|Effective Date: February 26,1993|
It shall be the policy of the University of Arkansas at Little Rock to permit eligible, regular, full-time employees to voluntarily donate accrued annual and/or sick leave to the Catastrophic Leave Bank Program. It shall also be the policy of the University of Arkansas at Little Rock to permit eligible, regular, full-time employees to voluntarily receive leave from the Catastrophic Leave Bank Program.
The Catastrophic Leave Bank Program does not create any expectations or promises of continued employment with the University of Arkansas at Little Rock and is merely a means of assisting eligible University employees through medical emergencies, injuries and illness should they exhaust all earned sick, annual, holiday and compensatory leave time. The Catastrophic Leave Committee shall be composed of five members who represent a relative demographic cross section of the University’s work force. Participation shall be voluntary and the administration of the Catastrophic Leave Bank Program shall be in accordance with Act 169 or 1991, Department of Finance and Administration Rules and Regulations and in compliance with the listed procedures.
Source: Arkansas Department of Finance and Administration in January 1992 and by the UALR Faculty Senate February 26, 1993