Benefits Under the Supplementary Unemployment Benefit Sample Clauses

Benefits Under the Supplementary Unemployment Benefit. (SUB) Plan a) In order to be paid a leave benefit in accordance with the Supplementary Unemployment Benefit Plan, the employee: i) must provide OPG with proof that she/he has applied for, and is eligible to receive unemployment insurance benefits pursuant to the Employment Insurance Act; and, ii) must be regular and employed by OPG for at least 13 weeks immediately preceding the date of delivery/adoption; and, iii) must (a) be on pregnancy leave, or (b) be on parental leave. b) According to the Supplementary Unemployment Benefit Plan, payments will consist of the following: i) for the first two (2) weeks, payments equivalent to ninety-three percent (93%) of the employee's base pay (pregnancy leaves only, not parental leaves); and ii) when receiving EI benefits, the employee is eligible to receive payments equivalent to the difference between the EI benefits and ninety-three percent (93%) of the employee's base pay for up to fifteen (15) weeks while on pregnancy leave and for up to three (3) weeks while on parental leave. Where the employee's base salary exceeds 1.5 times the Years Maximum Insurable Earnings, the employee will receive an additional $300 as a lump sum as full compensation if a clawback is required by Canada Customs and Revenue Agency or any other government agency. iii) where an employee becomes eligible for an annual increment/salary schedule adjustment during the period of pregnancy/parental leave, payments under 41.3(b)(i) and 41.3(b)(ii) shall be adjusted accordingly. c) An employee who qualifies under Section 41.3(a) shall sign an agreement with OPG providing: i) that she/he will return to work and remain in OPG’s employ for a period of six (6) months from the date of return to work; ii) that she/he will return to work on the date of the expiry of pregnancy/parental leave, unless this date is modified with OPG’s consent or unless the employee is then entitled to a leave extension provided for in this Article; iii) that should the employee fail to return to work as per the provisions of Subsections 41.3(c)(i) and 41.3(c)(ii), the 42 Sick Leave Plan for to employees hired prior to January 1, 2001 or covered by the transition provisions in Article 9 42.1 The Sick Leave Plan provides for maintenance of an employee's income when he/she is absent from work due to illness or non-occupational injury. 42.2 Employees are granted 23 days of sick leave a year - eight (8) days at full pay and 15 days at three-quarter pay. These grants accumulate con...
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Benefits Under the Supplementary Unemployment Benefit. (SUB) Plan a) In order to be paid a leave benefit in accordance with the SUB Plan, the employee:
Benefits Under the Supplementary Unemployment Benefit. (SUB) Plan a) In order to be paid a leave benefit in accordance with the Supplementary Unemployment Benefit Plan, the employee: i) must provide ESA with proof that she/he has applied for, and is eligible to receive unemployment insurance benefits pursuant to the Employment Insurance Act (EI); and, ii) must be regular and employed by ESA for at least 13 weeks immediately preceding the date of delivery/adoption; and, iii) must (a) be on pregnancy leave, or (b) be on parental leave. b) According to the Supplementary Unemployment Benefit Plan, payments for employees while they are on pregnancy leave will consist of the following: i) The Company has aligned its payment practice for pregnancy leave to reflect the amendment to the Employment Insurance waiting period (now one week instead of two weeks). To keep the employee whole so that they receive the same amount of money under the SUB plan as prior to the change, the ESA will shift the former second week of the waiting period to the end of the leave when Employment Insurance benefits have been completed.

Related to Benefits Under the Supplementary Unemployment Benefit

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

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