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will be paid at the straight time rate upon layoff, resignation from State
service, termination, retirement or death.
Banked (Unused) VR Time Upon Promotion, Transfer or
Reassignment Within an Agency or Within a Facility or Institution -
Unused VR time credits are carried forward on the employee’s time card
when movement is within an appointing authority. Continuation of the
VRWS program agreement is at the discretion of management.
Banked (Unused) VR Time Upon Movement From One Agency to
Another or Between Facilities or Institutions Within an Agency -
Unused VR time credits will be paid at the straight time rate by the agency
or facility/institution in which the VR time was earned, unless the employee
request and the new agency or facility/institution accepts the transfer of VR
time on the employee’s time card.
Health Insurance - No effect; full coverage.
Dental Insurance No effect; full coverage.
Employee Benefit Fund No effect.
Survivor’s Benefit - No effect.
Retirement Benefit Earnings - Participation will reduce final average
salary if the VRWS period is included in three years of earnings used to
calculate final average salary.
Retirement Service Credit - Prorate.
Social Security - There is no change in the contribution rate, which is set
by Federal Law and applied to the salary that the employee is paid.
Unemployment Insurance - No change; formula set by statute.
Performance Advance or Increment Advance Evaluation date is not
changed; no change in eligibility.
Performance Award or Lump Sum Payment - No impact; no change in
eligibility.
Longevity Increase - No change in eligibility.
Probationary Period - No effect; scheduled non-work time under a VR
agreement is not an absence for this purpose.
Traineeship - No effect; traineeships are not extended by scheduled non-
work time under a VR agreement.
Layoff - No impact; seniority date for layoff purposes is not changed.
Seniority - No impact; employee never leaves the payroll; seniority date is
not changed; full seniority credit is earned.
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