PORTABLE SICK LEAVE CONTINUED TO AGE 75
Date
After discussions with insurers, the Fund has negotiated a further inclusion to the Policy, continuing Portable Sick Leave (PSL) up to age 75. This continuation will allow members aged between 70 and 75, who have a PSL Balance and are still working (receiving BERT contributions) to access their sick days. With the increasing number of members working past the age of 70, this is a great win for our members. This inclusion commences from the June 2024 contribution period.
Portable Sick Leave allows employees that accrue sick leave to bank days that would normally be lost when they leave or change employment.
- Bank unused sick leave days on termination
- Capped to 100 days maximum
- CIP Termination must be completed online or a form completed by employer
- Held for 2 years from last contribution
- Days returned to employer if employee returns to employer within 6 months
For more information on Portable Sick Leave and how it can work for you, visit the PSL page on our website
Please note: Construction Income Protection Limited (CIPL) is the administrator of the Accident and Illness Benefits Program and Portable Sick Leave Scheme. The insurance policy is arranged by Windsor Management Insurance Brokers and distributed by CIPL. CIPL does not manage or process claims. All claims are managed and processed by Total Claims Solutions, who has been appointed as claims manager of QBE Insurance (Australia) Limited. CIPL does not give any advice in relation to the insurance policy.
