myDeaconmyhand
First man to get a team of horses up Bear Mountain
If overtime-related PTO "expires" it immediately becomes payable in cash. Under no circumstances will the PTO you earn from working overtime legally expire with zero compensation to you.
Standard PTO is not legally protected. It is a perk that the company offers that is as meaningful as the company's willingness to let you take it.
If they convert the overtime to PTO that they track, there is a record of that time. That record is proof that the employee is due that compensation. Those records do not exist under the current system. In that regard, this is an improvement from the current system that hides abuse.
Even in that case, a person who was compensated for OT with PTO might not receive actual compensation until that PTO expires?