Common use of Administration of the Employment Stability Fund Clause in Contracts

Administration of the Employment Stability Fund. The ESC shall administer and make decisions with respect to the ESF, by using the ESF, or such portion as the ESC considers appropriate, to facilitate employment stability strategies, both long-term and short-term, and for training or retraining. Surplus funds, if any, that are not immediately required for this purpose, may be invested at the instructions of the ESC in any account or certificate of deposit maintained and/or issued by a bank or financial institution.

Appears in 15 contracts

Samples: Staff Collective Agreement, Collective Agreement, Collective Agreement

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