On December 2, 2015, PEF and New York State reached agreement on a Memorandum of Understanding (MOU) that restores the Productivity Enhancement Program (PEP) for 2016. Under the PEP, eligible full-time and part-time employees may forfeit previously accrued annual and/or personal leave in return for a credit that reduces their state health insurance premium contribution. The PEP credit of either $500 or $1,000 is divided by 26 paychecks and applied on a biweekly basis. Click here to view PDF.
The Memo from the Department of Civil Service can be seen here: http://www.cs.ny.gov/attendance_leave/pb15-03.pdf