Common use of Amount of Sick Pay Clause in Contracts

Amount of Sick Pay. The sick pay paid by the bank to the employee shall be calculated by a de- duction being made to salary according to the table below: Deductions for sickness up to the 14th calendar day per period of sick- ness: A) a qualifying deduction for the period constitut- ing up to 20% of the employee's weekly working hours π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 100% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  B) for the period after a full qualifying deduction and up to the 14th calendar day of the period of sick leave π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 20% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  Deductions for sickness from the 15th to the 90th calendar day per pe- riod of sickness: When an employee receives sickness benefits or preventive sickness bene- fits from the 15th calendar day per period of sickness and similarly for reha- bilitation benefits, a deduction shall also be made by the bank according to the following: For 80% compensation of the SGI (sickness benefits qualifying income): Annual salary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day 365 The part of the annual income above10 price base amounts 10% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12βˆ’10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  per calendar day 365 For 75% compensation of SGI: Annual salary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day 365 The part of the annual incomeabove 10 price base amounts 15% π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 βˆ’ 10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  Γ— per calendar day 365 The employee is obliged to inform the bank about the level of compensa- tion he/she is entitled to. The bank shall inform the employee about this obligation. If an employee has received too high a top-up compensation from the bank in relation to the compensation received from the Social In- surance Agency, the excess amount shall be repaid to the bank. Deductions for sickness from the 91st calendar day per period of sick- ness π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 365 π‘π‘’π‘Ÿ π‘π‘Žπ‘™π‘’π‘›π‘‘π‘Žπ‘Ÿ π‘‘π‘Žπ‘¦ An employee’s sick pay entitlement ends when he/she starts receiving dis- ability pension in accordance with Section 6 (BTP 1) or Section 11 (BTP 2) in the Pension Agreement.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Amount of Sick Pay. The sick pay paid by the bank to the employee shall be calculated by a de- duction deduction being made to from the salary according to the table belowas follows: Deductions for sickness up to the 14th calendar day per period of sick- nesssick leave: A) a qualifying deduction for the period constitut- ing up to 20% of the employee's weekly working hours π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ οΏ½β„Ž οΏ½π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 100% Γ— 52 Γ— π‘€π‘’π‘’π‘˜β„Žπ‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  B) for the period after a full qualifying deduction and up to the 14th calendar day of the period β„Ž of sick leave π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘ŽοΏ½β„Ž �𝑦 Γ— 12 20% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  Deductions for sicperiod kness from the 15th to the 90th calendar day per pe- riod of sickness: When an employee recbenefits, the bank will make the fol- lowing deductions eives sickness benefits or preventive sicday. When an employee re- ceives preventive kness bene- fits from the 1benefits (days 1-14, see note, item 5) or 5th calendar day per period of sickness and similarly for rehmade, however from a- bilitation benefitsfirst calendar day in accordance with , a deduction shall also be made by the bank according to the follbenefit owing: For 80% compensation of the SGI (sic8.0 kness benefits qualβ„Ž Γ— 12 ifying income): Annual salary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™οΏ½οΏ½ π‘ π‘Žπ‘™above8.0 π‘Žπ‘Ÿπ‘¦ Γ—12 per caleβ„Ž Γ— 12 βˆ’ 8.0 ndar day 365 The part of the annual income above10 price base amounts 10% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™οΏ½the SGI (sickness benefit qualifying income): οΏ½π‘Ÿπ‘¦ Γ—12βˆ’10 π‘π‘Ÿπ‘–οΏ½οΏ½π‘’8.0 π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’οΏ½β„Ž Γ— 12 �𝑑𝑠 per calendar day 365 For 75% compensation of SGI: Annual salary up to 10 priceincome above8.0 base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žβ„Ž π‘™π‘Žπ‘ŸοΏ½οΏ½ Γ—12 per calendar day8.0 15% 365 The part of the annual incomeabove 10 price base amounts 15% π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 βˆ’ 10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  Γ— per calendar day 365 The employee is obliged to inform the bank about the level of compensa- tion he/she is entitled to. The bank shall inform the employee about this obligation. If aInsurance n employee has received too high a top-up compensation from the bank in relation to the compensation received from the Social In- surance Agency, sickness: β„Ž the excess amount shall be repaid to the's bank. Deductions for sickness from the 91st calendar day per perioddisability of sick- ness π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘ŽοΏ½οΏ½π‘¦ Γ—BTP1 12 365 π‘π‘’π‘Ÿ π‘π‘Žπ‘™οΏ½BTP2οΏ½π‘›π‘‘π‘Žπ‘Ÿ π‘‘π‘Žπ‘¦ An employee’s sick pay entitlement ends when he/she starts receiving dis- ability pension in accordance with Section 6 (BTP 1) or Section 11 (BTP 2) in the Pension Agreement.

Appears in 1 contract

Samples: Collective Agreement

Amount of Sick Pay. The sick pay paid by the bank to the employee shall be calculated by a de- duction deduction being made to from the salary according to the table belowas follows: Deductions for sickness up to the 14th calendar day per period of sick- nesssick leave: A) a qualifying deduction for the period constitut- ing up to 20% of the employee's weekly working hours π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 100% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  B) for the period after a full qualifying deduction and up to the 14th calendar day of the period of sick leave π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 20% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  Deductions for sicperiod kness from the 15th to the 90th calendar day per pe- riod of sickness: When an employee recbenefits, the bank will make the fol- lowing deductions eives sickness benefits or preventive sicday. When an employee re- ceives preventive kness bene- fits from the 1benefits (days 1-14, see note, item 5) or 5th calendar day per period of sickness and similarly for rehmade, however from a- bilitation benefitsfirst calendar day in accordance with , a deduction shall also be made by the bank according to the follbenefit owing: For 80% compensation of the SGI (sickness 10price benefits qualπ‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 ifying income): Annual salary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day 365 The part of the annual income above10 price base amounts 10% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12βˆ’10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  per calendar day 365 For 75% compensation of SGI: Annual salary up to 10 price base amounts 90% Γ— π‘šοΏ½οΏ½π‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day10% 365 The part of th365 For 75% compensation of the SGI (sickness benefit qualifying income): Annual salary up to 10price base amounts π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 90% Γ— 365 The part of the annual income above10 price base amounts π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 βˆ’ 10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  15% Γ— e annual incomeabove 10 price base amounts 15% π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 βˆ’ 10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  Γ— per calendar day 365 The employee is obliged to inform the bank about the level of compensa- tion he/she is entitled to. The bank shall inform the employee about this obligation. If aInsurance n employee has received too high a top-up compensation from the bank in relation to the compensation received from the Social In- ssickness: urance Agency, the excess amount shall be repaid to the's bank. Deductions for sickness from the 91st calendar day per perioddisability of sick- ness π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘ŽοΏ½οΏ½π‘¦ Γ—BTP1 12 365 π‘π‘’π‘Ÿ π‘π‘Žπ‘™οΏ½BTP2οΏ½π‘›π‘‘π‘Žπ‘Ÿ π‘‘π‘Žπ‘¦ An employee’s sick pay entitlement ends when he/she starts receiving dis- ability pension in accordance with Section 6 (BTP 1) or Section 11 (BTP 2) in the Pension Agreement.

Appears in 1 contract

Samples: Collective Agreement

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Amount of Sick Pay. The sick pay paid by the bank to the employee shall be is calculated by a de- duction deduction being made to salary pay according to the table below: Deductions for sickness up to the 14th calendar day per period of sick- ness: A) a qualifying deduction sickness: for the period constitut- ing up to 20first day off sick 100% of the employee's x monthly salary x 12 52 x weekly working hours π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 100% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ 𝑀�from οΏ½π‘ŸοΏ½οΏ½π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  B) for the period after a full qualifying deductionsecond and upentitlement to sick pay during to the 14th calendar day of the period of sisickness ck leax monthly salary x 12 ve π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘ŽοΏ½x weekly working hours �𝑦 Γ— 12 20% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  Deductions for sicperiod kness from thsickness e 15th to the 90th calendar day per pe- riodbenefit of sickness: preventative When an employee recbenefit eives sickness benefits or preventive sickness bene- fits from the 15th calendar day per perirehabilitation benefitod of sickness and sis imilarly for reha- bilitation benefits, a deduction shall also be made by the bank according to the follbenefit owing: For 80% compensation of the SGI (sic7.5 kness benefits qualifying income): Annual sax monthly salary x 12 365 lary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™οΏ½οΏ½ π‘ π‘Žπ‘™above 7.5 π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day 365 The part of the annual income abovx monthly salary x 12 – 7.5 price base amounts 365 e10 price base amounts 10% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12βˆ’10 π‘π‘Ÿπ‘–οΏ½οΏ½π‘’7.5 π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘οΏ½οΏ½ per calendar day 36x monthly salary x 12 365 5 For 75% compensation of SGI: Annual salary up to 10 priceincome above 7.5 base amounts 90% Γ— π‘šοΏ½οΏ½π‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™x monthly salary x π‘ŽοΏ½οΏ½π‘¦ Γ—12 per calendar day 3– 7.5 price base amounts 365 65 The part of the annual incomeabove 10 price base amounts 15% π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘ŽοΏ½οΏ½π‘Žπ‘Ÿπ‘¦ Γ— 12 βˆ’ compensation 10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  Γ— per calendar day 365 The employee is obliged to inform the bank about the level of compensa- tion he/she is entitled to. The bank shall inform the employee about this obligation. If an emplFΓΆrsΓ€kringskassanoyee has received too high a top-up compensation from the bank in relation to the compensation received from the Social In- surance Agency, the esickness xcess amount shall beper calendar day repaid to the bank. Deductions for sickness from the 91st calendar day per period of sicksickness compensation - ness π‘šπ‘œπ‘›π‘‘β„Žπ‘™οΏ½οΏ½ π‘ π‘Žπ‘™π‘ŽXxxxxxx 0 ��𝑦 Γ— 12 365 π‘π‘’π‘Ÿ οΏ½XXX 0 xx Xxxxxxx 00 οΏ½π‘Žπ‘™XXX π‘’π‘›π‘‘π‘Žπ‘Ÿ π‘‘π‘Žπ‘¦ An employee’s sick pay entitlement ends when he/she starts receiving dis- ability pension in accordance with Section 6 (BTP 1) or Section 11 (BTP 2) in the Pension Agreement.

Appears in 1 contract

Samples: Collective Agreement

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