A Deferred Salary Leave. Plan Agreement must be completed by successful applicants prior to May 15 preceding the school year in which the eligible employee has been given approval to enter the Plan.
Deferred Salary Leave Each employer ratifying this Agreement will establish or, as necessary, review and update a deferred salary leave plan consistent with Regulations issued by Canada Revenue Agency under the Income Tax Act. The parties may use the Application, Agreement, and Approval Form as a template (see Appendix H) for the deferred salary leave plan.