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West Campus, Health Sciences, and School of Medicine

 

2024 PRODUCTIVITY ENHANCEMENT PROGRAM (PEP)

AUDIENCE: CSEA and PEF-represented  employees
SUBJECT(S): Productivity Enhancement Program (PEP)  for CSEA and PEF-represented employees
DATE:  11/01/2023

 

2024 Productivity Enhancement Program (PEP)

The Productivity Enhancement Program (PEP) allows eligible CSEA and PEF represented employees to exchange previously accrued annual (vacation) and/or personal leave for a credit to be applied toward their employee share of NYSHIP Health Insurance premiums on a bi-weekly basis.

For Plan Year 2024 PEP Allows:

  • Full-time employees in Salary Grades 1-17 who enroll in the program to forfeit 4 days (30 hours for a 37.5 hour workweek, 32 hours for a 40 hour workweek) or 8 days (60 hours for a 37.5 hour workweek, 64 hours for a 40 hour workweek) of annual and/or personal leave. CSEA and PEF employees will receive a credit of $800 ($30.77 bi-weekly) or $1600 ($61.54 bi-weekly).
  • Full-time employees in Salary Grades 18-24 who enroll in the program to forfeit a total of 2.5 days (18.75 hours for a 37.5 hour workweek, 20 hours for a 40 hour workweek) or 5 days (37.5 hours for a 37.5 hour workweek, 40 hours for a 40 hour workweek) of annual and /or personal leave. CSEA and PEF employees will receive a credit of $750 ($28.85 bi-weekly) or $1500 ($57.69 bi-weekly).
  • Eligible part-time employees may elect to participate on a pro-rated basis in accordance with their employment percentage of effort.

This credit will be applied towards the bi-weekly health insurance premiums paid in the 2024 plan year.

Eligibility Criteria to Enroll:

  • CSEA and PEF represented employees in a title Salary Grade 24 or below or equated to a position at or below Salary Grade 24;
  • Have a combined balance of annual and personal leave of at least 8 days after making the forfeiture; and
  • Be a NYSHIP enrollee (contract holder) at the time of enrollment.

Eligible employees may elect to participate in the Productivity Enhancement Program (PEP) by completing the enrollment form and submitting it by Monday, December 11, 2023 to:

Email to HRS_TimeAtt@stonybrook.edu or Fax to 631-632-4989

For a complete description of this program go here.  If you require additional information regarding the program, please contact Time & Attendance at 631-632-6182.