Catastrophic Leave Bank Program Updated to Provide Parental Leave
The Catastrophic Leave Bank Program provides a pool of accrued leave donated by eligible employees to assist other eligible employees after they have exhausted their leave time to manage medical emergencies, injuries, and long-term, serious illnesses incurred by them or by their eligible family members.
The program has been revised to clarify certain features and procedures and to align with state law. Significantly, program eligibility requirements have been reduced from two years to one year of service and the program has been updated to allow use of the Catastrophic Leave Bank for paid parental leave, effective March 25, 2019.
The Catastrophic and Parental Leave policy sets out who is eligible to contribute to the program, who is eligible to participate in the program, and under what terms employees may participate. A PDF of the updated Catastrophic and Parental Leave policy can be downloaded.
Contacts
Katherine Murray, assistant benefits director
Human Resources
479-575-3717,
kem051@uark.edu