Common use of Deferred Salary Leave Plan (Four Years over Five Plan Clause in Contracts

Deferred Salary Leave Plan (Four Years over Five Plan. (a) Description - The plan affords an employee the opportunity of taking a one (1) year leave of absence and, through the deferral of salary, finance the leave.

Appears in 3 contracts

Samples: Collective Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Deferred Salary Leave Plan (Four Years over Five Plan. (a) Description - The plan affords an employee the opportunity of taking a one one (1) year leave of absence and, through the deferral of salary, finance the leaveleave by spreading four (4) year’s salary payments over a continuous five (5) year period.

Appears in 1 contract

Samples: Collective Agreement

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