Over40 CompTime II Pilot Program for CSEA, PEF and RRSU Employees Cash Out Election for 2020

The Governor’s Office of Employee Relations (GOER) has announced that CSEA, PEF, and RRSU employees may elect to cash-out up to 120 hours of accrued Over40 Comp Time II credits for 2020. The cash-out is available to employees who have Over40 Comp Time II hours available on their timesheet. You can opt to cash out of the Over40 Comp Time II program without being currently enrolled. The cash-out election period ran from Wednesday, October 21, 2020, through Wednesday, November 4, 2020. Employees that submitted Over40 Cash-Out Election Forms to the BSC will see the payment in their paycheck dated December 9, 2020 (Administration employees) and December 3, 2020 (Institution employees).