OT is paid automatically to each cheque unless you set it to be banked in Intrapost / selfserve. I haven't gone in Intrapost for months but I guess you could fumble around in there to see if there's an option to view your set options. I'm not sure if it'll just accrue forever or if they force it out on each fiscal year. Personally I prefer to get the interest on that money instead of letting CP claim it. I did do a bulk cashout once when I was a term (I'd opted to save it) and I lost a ton to taxes when I cashed out the couple thousand I'd built up.
edit: IMO it makes sense to bank it as a term either as forced savings or to use for your "vacation" (if you ever get one approved). Once you're FT I wouldn't trust payroll to do anything right so I go with biweekly payouts and verify EVERYTHING. Several times a year I'm having to sit down with our staffer and fight for OT hours worked that I wasn't paid for.
edit: IMO it makes sense to bank it as a term either as forced savings or to use for your "vacation" (if you ever get one approved). Once you're FT I wouldn't trust payroll to do anything right so I go with biweekly payouts and verify EVERYTHING. Several times a year I'm having to sit down with our staffer and fight for OT hours worked that I wasn't paid for.