For each employee subject to the compensatory time and compensatory
time off provisions of section 7(o) of the Act, a public agency which is
a State, a political subdivision of a State or an interstate
governmental agency shall maintain and preserve records containing the
basic information and data required by Sec. 516.2 of this title and, in
addition:
(a) The number of hours of compensatory time earned pursuant to
section 7(o) each workweek, or other applicable work period, by each
employee at the rate of one and one-half hour for each overtime hour
worked;
(b) The number of hours of such compensatory time used each
workweek, or other applicable work period, by each employee;
(c) The number of hours of compensatory time compensated in cash,
the total amount paid and the date of such payment; and
(d) Any collective bargaining agreement or written understanding or
agreement with respect to earning and using compensatory time off. If
such agreement or understanding is not in writing, a record of its
existence must be kept.
