Paid Parental Benefit
Your Time Away includes a Paid Parental Benefit (PPB) that pays eligible employees 50% of their base salary for up to six weeks related to the birth or placement of a child.
Who is eligible?
- Employees who have three months of continuous UTSW service who have a birth of a child or placement of a child (adoption or foster care) are eligible.
Are there additional considerations?
- Employees must first use 480 hours of their prior sick leave bank (if available) plus either 40 hours of PTO, floating holiday time, or their prior vacation leave bank.
- Eligible employees may use applicable leave accruals, concurrently with PPB, for the remaining 50% of their pay.
- Eligible employees may use PPB concurrently with short-term or long-term disability plans as permitted by those plans.
- PPB shall run concurrently with State Parental Leave or leave pursuant to the Family and Medical Leave Act, as applicable.
- Eligible employees (either or both parents) can receive a maximum of six weeks of reduced Paid Parental Benefit.