The Office of Human Resources announces open enrollment for the NIH Voluntary Leave Bank Program for all NIH federal civilian employees. Open enrollment for the 2014 membership period runs Nov. 18 – Dec. 17. The membership period will begin on Jan. 12, 2014. The Leave Bank is a pooled bank of donated annual and restored leave, available to members experiencing medical emergencies. It offers income protection to members who have exhausted all of their leave and are affected by a personal or family medical emergency or condition.
The Leave Bank is distinguished from the NIH Voluntary Leave Transfer Program (VLTP) in that instead of donating directly to an employee, the Leave Bank collects leave donations in a bank and distributes the leave to bank members once they are approved to be leave recipients.
To become a member for the 2014 membership period, an employee must agree to contribute one pay period’s worth of annual leave accrual during the open enrollment period. Employees can both join the Leave Bank and donate leave by logging into the Integrated Time and Attendance System (ITAS). Once enrolled, members will automatically be re-enrolled the following year, unless they take action during an open enrollment period to opt out.
In addition to the required contribution amount for membership, employees may also contribute excess annual leave at the end of the year to the Leave Bank or to a VLTP participant. Donations are also submitted in ITAS.
More information about this new benefit can be found at http://hr.od.nih.gov/benefits/
Questions may be directed to the NIH Leave Bank office at (301) 443-8393 or LeaveBank@od.nih.gov.