Benefits Under the Supplementary Unemployment Benefit (SUB) Plan 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 the IESO with proof that she/he has applied for, and is eligible to receive Employment Insurance (EI) benefits pursuant to the Employment Insurance Act; and, ii) must be regular and employed by the IESO 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 and be the parent claiming the status of primary caregiver. In the case of adoptive parents, benefits begin after gaining custody of the child, through legal adoption, where the child is raised in the home. b) According to the Supplementary Unemployment Benefit Plan, payments for employees while they are on pregnancy leave 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; and ii) when receiving EI benefits, up to fifteen (15) additional weeks’ payments, equivalent to the difference between the EI benefits the employee is eligible to receive and ninety-three percent (93%) of the employee's base pay. Where the employee's base salary exceeds 1.5 times the Years Maximum Insurable Earnings, the employee will receive an additional iii) where an employee becomes eligible for an annual increment/salary schedule adjustment during the period of pregnancy/parental leave, payments under 47.4(b)(i) and 47.4(b)(ii) shall be adjusted accordingly. c) According to the Supplementary Unemployment Benefit Plan, payments for employees while they are on Parental Leave will consist of the following: i) if the employee is required under EI rules to forego benefits during the two-week EI waiting period at the commencement of the parental leave: 1. Payments equivalent to ninety-three (93%) of the employee's base pay during the two-week EI waiting period; and, 2. When receiving EI benefits, up to eight (8) additional weeks payments, equivalent to the difference between El benefits the employee is eligible to receive and ninety-three percent (93%) of ii) if the employee is not required, under EI rules, to forego benefits during the two-week EI waiting period at the commencement of parental leave, 1. When receiving EI benefits, up to ten (10) weeks payments, equivalent to the difference between El benefits the employee is eligible to receive and ninety-three percent (93%) of the employee's base pay. Where the employee's bas...

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: i) must provide Vertex 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 Vertex 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 SUB 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, payments equivalent to the difference between the EI benefits and ninety-three percent (93%) of the employee's base pay. See attached chart for duration of this “top up”. 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 for any claw back that may be required by Revenue Canada 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 42.3(b)(i), 42.3(b)(ii) and 42.3 (b)(iii) shall be adjusted accordingly. c) An employee who qualifies under Section 42.3(a) shall sign an agreement with Vertex providing: i) that she/he will return to work and remain in Vertex’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 Vertex’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 42.3(c)(i) and 42.3(c)(ii), the employee recognizes that she/he is indebted to Vertex for the amount received under the SUB plan. 2 wks 15 wks 93% EI+SUB=93% Plus Parental Leave as outlined below. 2 week waiting period (if required)* 3 weeks Maximum 32 weeks • Duration of Parental Leave is maximum 35 weeks if the employee has preceded their Parental Leave with Pregnancy Leave. Otherwise, maximum is 37 weeks.