|
Parental leave policy is also referred to as maternity/paternity/adoption leave. This is a paid leave of absence associated with the birth of an employee’s own child or the placement of a child with the employee in connection with adoption or foster care. Parental leave is not charged against the employee’s other paid time off credits (PTO), and the amount of paid days received is dependent on the caregiver relationship shown below. The paid leave is available to employees as follows:
Eligibility
All full-time employees who have been with ACE for at least 6 consecutive months.
Leave
Parental caregiver (primary or secondary) - 12 weeks
Leave must begin within 30 days of birth or adoption of child.
Continuation of Benefits
Health insurance benefits will continue to be provided during the paid parental leave under this policy at the same rate as in effect before the leave was taken regardless of length of service, provided the employee has at least six months of continuous full-time service. Paid time off (PTO) will continue to accrue.
Requirements
The employee must provide to the department head or HR at least a 30-day written notice of the requested leave (or as much notice as practicable is the leave is not foreseeable).
Leave must begin within 30 days of birth or adoption of child and must be taken consecutively. Intermittent parental leave is not permitted.
After the paid parental leave has been exhausted, subsequent leave will be covered under appropriate policies. The Family and Medical Leave Act (FMLA) allows employees up to 12 workweeks of unpaid leave annually. Paid leave under this parental leave policy will run concurrently with FMLA. After paid parental leave is exhausted, and the employee requires additional time, the employee will need to apply any other paid leave (PTO), which will also run concurrently with FMLA.
|
