Common use of Deferred Salary Leave Plan Clause in Contracts

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees to take one (1) year of leave from the Public Service and to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Deferred Salary Leave Plan. (1) 8.03.01.01 The Deferred Salary Leave Plan is a self-financing plan that has been developed to afford a Teacher the opportunity of taking a one-year leave of absence with pay by spreading the salary payments over a deferred salary leave plan enables Employees to take one (1) year of leave from the Public Service and to finance this leave through a deferral of Salary in previous yearsperiod. (2) Under this plan, participating Employees agree to defer a portion 8.03.01.02 The payment of their Salary for four (4) consecutive Academic Years salary and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period timing of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees Deferred Salary Leave Plan may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) be as follows: In each year of the plan preceding the period of the leave, the Employee will be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the planPlan a Teacher will be paid 80% of the annual salary normally paid under the collective agreement. The remaining 20% of the annual salary shall be withheld by the Board in each of the years leading up to the self- funded leave period. These amounts shall be held in trust by the Board and interest accumulated and paid at the Canada Savings Bond rate of the current year. The interest is to be added semi- annually at the end of December and at the end of June. 8.03.01.03 During the Leave period the Teacher shall receive the total deferred salary. 8.03.01.04 If the Teacher wishes to continue to participate in the current benefit plans during the self-funded leave year, the Employer Teacher shall be allowed to do so. All premium costs shall be paid in full by the Teacher. On the first school day of the Leave year, the Teacher shall provide Employee benefits at the Board with post-dated cheques to cover the monthly premium costs. On return, the Teacher shall be responsible for any increased costs that have been incurred as a level equivalent result of premium increases. 8.03.01.05 With the approval of the Board, a Teacher may select some alternative method of deferring salary and of the timing of the one year leave of absence other than that specified in article 8.03.01.02. 8.03.01.06 Leave periods cannot be postponed beyond the maximum time limit of seven (7) years. Any money accumulated will continue to 100% earn interest until the leave is taken. 8.03.01.07 A Teacher wishing to participate in a Deferred Leave Plan shall submit to the Director or Designate, through the Principal, an application not later than March 31 of Salarythe year previous to the school year in which the Deferred Plan shall begin. 8.03.01.08 The Director or Designate shall forward the application to the Board. Benefits and premium recoveries The Director or Designate shall include a recommendation to grant or deny the Deferred Leave based on the following criteria: a) The Teacher is a permanent employee, b) the Teacher has five (5) or more years of service with the Rainy River District School Board or its predecessors. 8.03.01.09 The applicant for Deferred Leave shall be advised in writing of the Board’s decision on or before May 15 of the year the application was made. 8.03.01.10 The Teacher shall execute the signing of a Memorandum of Agreement for a Leave Plan (Appendix A) within seven (7) days of notification of acceptance of the application. Failure to do so shall nullify the Teacher’s participation in the Deferred Leave Plan. 8.03.01.11 On return to school, a Teacher will be assigned to his/her same position (including position of responsibility), providing said leave does not occur over a period of leave time when the position of responsibility expires and the position becomes open, or, if due to declining enrolment or changing enrolment patterns, said position no longer exists the Teacher will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made assigned an equivalent position to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position that which he/she held at the commencement of the Leave, or any other position mutually consented to by the Teacher and the Board. 8.03.01.12 A Teacher participating in the Plan shall be eligible upon return to duty, for any increase in salary and benefit that would have been received had the one (1) year leave of absence not been taken. 8.03.01.13 During the year’s leave of absence, sick leave credits cannot be used or accumulated. On return to employment, a Teacher shall be credited with the number of sick leave days accumulated before the leave was taken. 8.03.01.14 A Teacher on this Plan will accumulate a full year’s credit on the seniority list for the year while on leave. 8.03.01.15 A Teacher may withdraw from the Plan any time prior to taking the leave of absence. Upon withdrawal, any money accumulated plus interest owed shall be paid within sixty (1660) Returning Employees will have their qualifications re-assessed and placed on days of notification of the appropriate pay scaledesire to leave the Plan. (17) The Employer shall cancel participation 8.03.01.16 Should a Teacher die while participating in the plan and Plan, any money accumulated plus interest owed at the time of death shall refund, within 60 days, be paid to the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminatedTeacher’s estate. (18) Where operational requirements would not be met if the Employee proceeded on leave 8.03.01.17 A Teacher declared redundant while participating in the fifth year, or where exceptional changes in personal circumstances make Plan will be required to withdraw and any money accumulated plus interest owed shall be paid to the leave unfeasible, the Employer will give the Employee the choice Teacher. Payment shall be made within sixty (60) days of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan Plan. 8.03.01.18 A Teacher applying for a Deferred Leave is responsible for ensuring that all criteria are met with the total in the account will be repaid to the Employee within 60 days from the notification of withdrawalOntario Teachers’ Pension Plan Board and Revenue Canada.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Deferred Salary Leave Plan. 23.01 An employee who has completed at least three (13) The deferred salary years of continuous service under permanent status with the Board may apply for a paid leave plan enables Employees to take of absence for one (1) school year. 23.02 The conditions governing a paid leave of absence shall be as follows: (i) Requests for leaves under this article shall be considered for the fourth and fifth year of the agreement. (ii) An employee who has been granted a leave of absence under this Article shall agree to remain in the employ of the Board for at least five (5) years including the year of leave from if the Public Service leave is granted for the fourth year or six (6) years including the year of leave if the leave is granted for the fifth year.. (iii) An employee shall apply to the Board for a paid leave of absence prior to September 15 and to finance this leave through a deferral of Salary in previous yearsthe Board shall notify the applicant by October 20 if the applicant has permission for such leave. (2iv) Under this planIf a paid leave of absence is granted, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years the Board and the Employer agrees employee shall complete and sign an agreement form, a sample copy of which shall be given to grant the Employee Union. 23.03 Any salary held back by the Board shall be placed in irrevocable trust in the Xxxxxxxx Teachers Credit Union Limited in the employee’s name. The interest earned on said funds will be paid in accordance with legislation. (a) If the leave is to be taken in the fourth (4th) year of the agreement then twenty-five per cent (25%) of the Employee’s salary shall be held back for each year of the three (3) years preceding the year of leave. (b) If the leave is to be taken in the fifth year, and to use (5th) year of the amounts deferred in agreement then twenty per cent (20%) of the previous Employee’s salary shall be held back for each year of the four (4) years to pay preceding the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6i) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding During the period of the leave, the Employee will Board shall pay to the employee, the amount of salary held back. (ii) The interest earned shall be paid 80% to the employee in the year that it is earned. (iii) The Board shall make the appropriate deductions, including pension plan contributions subject to the regulations of the applicable Salary. pension plan, from the payment(s) made to the employee. 23.05 The remaining 20% of Salary will be deferred and this amount will be retained in trust by Board shall maintain full fringe benefit coverage for the Employer to finance payments Member during the period of leave. (11) 23.06 The deferred Salary will Plan in this Article is subject to any Revenue Canada regulations or rulings. The President of the Bargaining Unit shall be notified of such regulations and rulings. 23.07 If the Member ceases to be employed by the Board, withdraws from the agreement of paid leave or dies prior to taking the leave of absence, the Board shall pay to the Member or the Member's estate, as the case may be, the full amount of the salary held back together with the accrued interest as soon as possible but no longer than three months from the time of withdrawal or death whichever is applicable. 23.08 Subject to Article 32 - Layoff and Recall, at the end of the leave, the Member shall return to their position and be placed in a trust fund by an assignment as it exists at the Government and time of return without loss of any returns increases in salary/wages or benefits which may have accrued had the leave not been taken. 23.09 Subject to clause 23.02, the Board shall grant all requests for paid leaves of absence under this Article but shall have the right to limit the number of leaves granted for the same period for any one department or work location. 23.10 There are no restrictions on what activities or employment in which the investment of the trust will be used to pay the participant Member may participate during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees Employer will allow employees who have completed their probationary period with the Employer to take twelve (12) months leave of absence financed by the employee by deferral of salary. Employees must make written application to the Employer, copied to the Union, six (6) months before the deferral is to commence, requesting permission to participate in the plan. Written acceptance, or denial, of the employee’s request, with an explanation, will be forwarded to the employee and Union no later than one (1) year of leave month from the Public Service and date of written application. Approval of individual requests to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation participate in the plan is subject to operational requirements. (3) During will rest solely with the period Employer. The payments of leavesalary, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting benefits, and the timing of the followingleave of absence will be as follows: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period time of the leave, the Employee an employee will be paid 80% a reduced percentage of the their applicable Salaryannual salary. The remaining 20% percentage of Salary annual salary will be deferred and this amount accumulated amount, plus interest earned, will be retained in trust by the Employer and paid to finance payments the employee during the period of their leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments While an employee is enrolled in the plan and Not on leave, any benefits tied to salary level will be restricted structured according to those eligible under Section 57(1) of the Financial Administration Actsalary the employee would have received had they not been enrolled in the plan. (c) A statement of the individual's account An employee’s benefits will be provided at each anniversary maintained during their leave of absence; however, the premium costs of all benefits will be paid by the employee during the leave, including Union dues. While on leave, any benefits tied to salary will be structured according to the salary the employee would have received in the year prior to taking the leave had they not been enrolled in the plan. (12d) During Sick leave credits will not accumulate, and cannot be used during the period time spent on leave. (e) Pension deductions will be continued during the time spent on leave. The time of leave will be pensionable service. Pension deductions will be made on the salary the employee would have received had they not entered the plan or gone on leave. (f) Upon return of leave, the participant shall receive, if on a one (1) year employee will be assigned to their same position prior to the leave, one twenty-sixth (1/26) of or if due to department downsizing the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the planemployee’s position no longer exists, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave employee will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefitscollective agreement. (15g) Upon return from leave, the Department will place the Employee All employees wishing to participate in the position held at plan will be required to sign an approved contract before final approval for participation is granted. Contract provisions including percentage of salary and time of leave may be amended by mutual agreement between the commencement of employee and the leaveEmployer. Where an employee requests an amendment to their deferred salary leave contract the Employer will respond to the employee, copied to the Union within thirty (30) calendar days. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17h) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would cannot be met if involved or held responsible for actions taken by another party concerning the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice use of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable timethis plan. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees Employer will allow employees who have completed their probationary period with the Employer to take twelve (12) months leave of absence financed by the employee by deferral of salary. Employees must make written application to the Employer, copied to the Union, six (6) months before the deferral is to commence, requesting permission to participate in the plan. Written acceptance, or denial, of the employee’s request, with an explanation, will be forwarded to the employee and Union no later than one (1) year of leave month from the Public Service and date of written application. Approval of individual requests to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation participate in the plan is subject to operational requirements. (3) During will rest solely with the period Employer. The payments of leavesalary, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting benefits, and the timing of the followingleave of absence will be as follows: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period time of the leave, the Employee an employee will be paid 80% a reduced percentage of the his/her applicable Salaryannual salary. The remaining 20% percentage of Salary annual salary will be deferred and this amount accumulated amount, plus interest earned, will be retained in trust by the Employer and paid to finance payments the employee during the period of his/her leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments While an employee is enrolled in the plan and not on leave, any benefits tied to salary level will be restricted structured according to those eligible under Section 57(1) of the Financial Administration Actsalary the employee would have received had he/she not been enrolled in the plan. (c) A statement of the individual's account An employee’s benefits will be provided at each anniversary maintained during his/her leave of absence; however, the premium costs of all benefits will be paid by the employee during the leave, including Union dues. While on leave, any benefits tied to salary will be structured according to the salary the employee would have received in the year prior to taking the leave had he/she not been enrolled in the plan. (12d) During Xxxx leave credits will not accumulate, and cannot be used during the period time spent on leave. (e) Pension deductions will be continued during the time spent on leave. The time of leave will be pensionable service. Pension deductions will be made on the salary the employee would have received had he/she not entered the plan or gone on leave. (f) Upon return of leave, the participant shall receive, if on a one (1) year employee will be assigned to his/her same position prior to the leave, one twenty-sixth (1/26) of or if due to department downsizing the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the planemployee’s position no longer exists, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave employee will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefitscollective agreement. (15g) Upon return from leave, the Department will place the Employee All employees wishing to participate in the position held at plan will be required to sign an approved contract before final approval for participation is granted. Contract provisions including percentage of salary and time of leave may be amended by mutual agreement between the commencement of employee and the leaveEmployer. Where an employee requests an amendment to his/her deferred salary leave contract the Employer will respond to the employee, copied to the Union within thirty (30) calendar days. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17h) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would cannot be met if involved or held responsible for actions taken by another party concerning the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice use of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable timethis plan. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. (1) L28.01 The deferred salary leave plan enables Employees Deferred Salary Leave Plan has been developed to take afford employees the opportunity of taking a one (1) year leave of leave from absence with pay by spreading “x” years salary payments over a “y” year period. “x” over “y” can be any of the Public Service and to finance this leave through a deferral of Salary in previous years.following combinations: (2a) Under this plan, participating Employees agree to defer three (3) years salary payment over a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous year period (b) four (4) years salary payment over a five (5) year period (c) five (5) years salary payment over a six (6) year period. L28.02 A member who has completed at least three (3) years of continuous service as a permanent employee with the Board may apply for such leave. L28.03 A member shall apply, in writing, to pay the Employee's Salary during Director of Education on or before December 31, requesting such leave to begin the period first day of the leavework year for the member which is ten (10) days prior to the first instructional day in the Ministry approved school calendar for that school year. Participation in the plan is subject shall not unreasonably be withheld. Written acceptance or denial of the member’s request, with explanation, shall be forwarded to operational requirementsthe member as soon as practicable. (3) During L28.04 All members participating in the period Plan must sign a form of agreement approved by the Federation and the Board which outlines the conditions of the leave, Employees may engage in whatever activities they wish. (4) L28.05 The individual plan for each participating Employee is a six (6) Academic Year period consisting payment of salary, benefits and timing of the followingone (1) year Leave of Absence shall be as follows: (a) The Depending on the combination selected, during the first three (3), four consecutive (4) or five (5) years during which of the Employee draws Plan, a member will be paid 75%, 80% or 83.33% of Salary his/her annual salary. The remaining 25%, 20% or 16.66% will be accumulated and this amount plus any interest earned in each shall be retained by the Board to finance the year of the four years and defers the remaining 20%;leave. (b) The fifth consecutive year in which the Employee takes the leave, and salary that is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will held back shall be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds in an account at the Board’s Bank and shall accumulate interest at the Employee will be credited with prevailing rate and time schedule extended to the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration ActBoard by its Bank. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant Board shall receivepay to the member, if on a one (1the amount of salary held back. The method of payment during the period of leave shall be as per current pay schedule. i) The interest earned shall be paid to the member in the taxation year leavethat it is earned as outlined in the agreement. ii) The Board shall make the appropriate deductions, one twenty-sixth (1/26) including pension plan contributions subject to the regulations of the amount deferred plus any trust fund returns in each pay periodpension plan, less applicable deductions. No additional payments from the payment(s) made to the participant can be made such as loans, subsidies, Allowances or Salarymember. (13L28.06 a) Income tax The member’s benefits will be deducted in accordance with maintained by the provisions of Board during the Income Tax Act and its Regulations. initial three (14) During the first 3), four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.five

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. (1) 25.01 The deferred salary leave plan enables Employees Deferred Salary Leave Plan has been developed to take afford employees the opportunity of taking a one (1) year leave of leave from absence with pay by spreading “x” years salary payments over a “y” year period. “x” over “y” can be any of the Public Service and to finance this leave through a deferral of Salary in previous years.following combinations: (2a) Under this plan, participating Employees agree to defer three (3) years salary payment over a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous year period (b) four (4) years salary payment over a five (5) year period (c) five (5) years salary payment over a six (6) year period. 25.02 A member who has completed at least three (3) years of continuous service as a permanent employee with the Board may apply for such leave. 25.03 A member shall apply, in writing, to pay the Employee's Salary during Director of Education on or before December 31, requesting such leave to begin the period of the leavefollowing September 1st. Participation in the plan shall not unreasonably be withheld. Written acceptance or denial of the member’s request, with explanation shall be forwarded to the member by April 1st in the school year the original request is subject to operational requirementsmade. (3) During 25.04 All members participating in the period Plan must sign a form of agreement approved by the Union and the Board which outlines the conditions of the leave, Employees may engage in whatever activities they wish. (4) 25.05 The individual plan for each participating Employee is a six (6) Academic Year period consisting payment of salary, benefits and timing of the followingone (1) year Leave of Absence shall be as follows: (a) The Depending on the combination selected, during the first three (3), four consecutive (4) or five (5) years during which of the Employee draws Plan, a member will be paid 75%, 80% or 83.33% of Salary his/her annual salary. The remaining 25%, 20% or 16.66% will be accumulated and this amount plus any interest earned in each shall be retained by the Board to finance the year of the four years and defers the remaining 20%;leave. (b) The fifth consecutive year in which the Employee takes the leave, and salary that is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will held back shall be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds in an account at the Board’s Bank and shall accumulate interest at the Employee will be credited with prevailing rate and time schedule extended to the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration ActBoard by its Bank. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant Board shall receivepay to the member, if on a one (1the amount of salary held back. The method of payment during the period of leave shall be as per current pay schedule. i) The interest earned shall be paid to the member in the taxation year leavethat it is earned as outlined in the agreement. ii) The Board shall make the appropriate deductions, one twenty-sixth (1/26) including pension plan contributions subject to the regulations of the amount deferred plus any trust fund returns in each pay periodpension plan, less applicable deductions. No additional payments from the payment(s) made to the participant can be made such as loans, subsidies, Allowances or Salary.member (1325.06 a) Income tax The member’s benefits will be deducted in accordance with maintained by the provisions of Board during the Income Tax Act and its Regulations. initial three (14) During the first 3), four (4) or five (5) years of the planPlan in accordance with Article 46 Benefits, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan as if the Employee dies or employment is otherwise terminatedmember was being paid one hundred percent (100%) of their annual salary. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees Employer will allow employees who have completed their probationary period with the Employer to take twelve (12) months leave of absence financed by the employee by deferral of salary. Employees must make written application to the Employer, copied to the Union, six (6) months before the deferral is to commence, requesting permission to participate in the plan. Written acceptance, or denial, of the employee’s request, with an explanation, will be forwarded to the employee and Union no later than one (1) year of leave month from the Public Service and date of written application. Approval of individual requests to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation participate in the plan is subject to operational requirements. (3) During will rest solely with the period Employer. The payments of leavesalary, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting benefits, and the timing of the followingleave of absence will be as follows: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period time of the leave, the Employee an employee will be paid 80% a reduced percentage of the his/her applicable Salaryannual salary. The remaining 20% percentage of Salary annual salary will be deferred and this amount accumulated amount, plus interest earned, will be retained in trust by the Employer and paid to finance payments the employee during the period of his/her leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments While an employee is enrolled in the plan and Not on leave, any benefits tied to salary level will be restricted structured according to those eligible under Section 57(1) of the Financial Administration Actsalary the employee would have received had he/she not been enrolled in the plan. (c) A statement of the individual's account An employee’s benefits will be provided at each anniversary maintained during his/her leave of absence; however, the premium costs of all benefits will be paid by the employee during the leave, including Union dues. While on leave, any benefits tied to salary will be structured according to the salary the employee would have received in the year prior to taking the leave had he/she not been enrolled in the plan. (12d) During Xxxx leave credits will not accumulate, and cannot be used during the period time spent on leave. (e) Pension deductions will be continued during the time spent on leave. The time of leave will be pensionable service. Pension deductions will be made on the salary the employee would have received had he/she not entered the plan or gone on leave. (f) Upon return of leave, the participant shall receive, if on a one (1) year employee will be assigned to his/her same position prior to the leave, one twenty-sixth (1/26) of or if due to department downsizing the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the planemployee’s position no longer exists, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave employee will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefitscollective agreement. (15g) Upon return from leave, the Department will place the Employee All employees wishing to participate in the position held at plan will be required to sign an approved contract before final approval for participation is granted. Contract provisions including percentage of salary and time of leave may be amended by mutual agreement between the commencement of employee and the leaveEmployer. Where an employee requests an amendment to his/her deferred salary leave contract the Employer will respond to the employee, copied to the Union within thirty (30) calendar days. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17h) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would cannot be met if involved or held responsible for actions taken by another party concerning the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice use of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable timethis plan. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees to take one (1) year of leave from the Public Service and to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations.the (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Public Service Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees to take one (1) year of leave from the Public Service and to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which This plan has been developed to afford Teachers the Employee draws 80% opportunity of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on taking a one (1) year leave of absence and, through deferral of salary and allowances, finance the leave. (b) Any permanent Teacher having three (3) years of continuous service with the Employer is eligible to participate in the plan. (i) A Teacher must make written application to the appropriate Education Officer on or before January 31 to participate in the plan. (ii) Written acceptance, one twenty-sixth or denial of the Teacher's request, with explanation, will be forwarded to the Teacher by April 1 in the school year in which the request was made. (1/26i) Participation in the plan in each year shall be granted to a maximum of five per cent (5%) of the amount deferred plus any trust fund returns total full-time staff in each pay periodschool as of September 1 of the school year in which applications are being considered, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salarywith a minimum of one (1) Teacher per school. (13ii) Income tax will Where the number of applications for participation exceed the maximum provided for in section (i) above, approval shall be deducted in accordance with based on seniority. The Joint Relations Committee shall then consider applications exceeding the provisions of the Income Tax Act maximum and make recommendations at its Regulationsdiscretion. (14i) During In each of the first four three (43) years in which a Teacher participates, twenty-five per cent (25%) of his/her salary will be withheld. The total of the plan, amounts withheld over three (3) years plus accumulated interest shall be paid to the Employer shall provide Employee benefits at a level equivalent to 100% Teacher while on leave of Salary. Benefits and premium recoveries for absence in the period fourth (4th) year of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefitsparticipation. (15ii) Upon While a Teacher is enrolled in the plan and not on leave, any insured employee benefits tied to salary level shall be structured according to the salary the Teacher would have received had he/she not been enrolled in the plan. (iii) A Teacher's insured employee benefits will be maintained by the Employer during his/her leave of absence, if the Teacher assumes the full premium costs of such benefits during the year of leave. (iv) While on leave, any insured employee benefits tied to salary level shall be structured according to the salary the Teacher would have received in the year prior to taking the leave had he/she not been enrolled in the plan. (f) With the approval of the Employer, a Teacher may select an alternative method of deferring salary to that specified in section (e) above. (g) Subject to the promotion, transfer, and redundancy provisions of this Agreement, a Teacher, on return from leave, the Department will place the Employee in the shall return to an equivalent regular position at his/her school as he/she held at the before commencement of the leave. (16h) Returning Employees will have their qualifications re-assessed and placed on A Teacher who becomes redundant during the appropriate pay scale. (17) The Employer shall cancel period of participation in the plan and shall refundbe paid a lump sum adjustment equal to any monies withheld plus interest accrued to the date of withdrawal from the plan. (i) Should a Teacher die while participating in the plan, within 60 days, any monies withheld plus interest accrued at the total time of death will be paid to the Teacher's estate. (j) Pension deductions are to be continued as provided by the current ruling of the deferred Salary plus earnings Ontario Teachers Pension Plan Board. (k) A Teacher may withdraw from the plan if any time prior to March 1 of the Employee dies or employment calendar year in which the leave is otherwise terminatedto be taken. Repayment of monies withheld shall be in accordance with section (h) above. (18l) Where operational requirements would In the event that an acceptable replacement cannot be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasiblehired for a Teacher who has been granted a leave, the Employer will give may defer the Employee the choice year of the following: leave for one (a1) withdrawing from year, provided the plan and taking Teacher is notified in writing by March1st. In this instance, a refund of the total Teacher may choose to remain in the deferred salary account; or plan, or reserve repayment in accordance with section (bh) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable timeabove. (19m) Upon withdrawal from Should section (m) above result in a leave of absence being taken past the final year of the plan, any monies accumulated by the terminal date of the plan will continue to accumulate interest until the total leave of absence is granted. (n) A Teacher wishing to participate in the account will plan shall be repaid required to sign a contract to confirm the terms and conditions of the Teacher's participation. (o) Any Teacher granted leave under this Article shall return to work for the Employer for a period of time at least equal to the Employee within 60 days from the notification of withdrawaltime on leave.

Appears in 1 contract

Samples: Collective Agreement

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Deferred Salary Leave Plan. 22.01 An employee who has completed at least three (13) The deferred salary years of continuous service under permanent status with the Board may apply for a paid leave plan enables Employees to take of absence for one (1) school year. 22.02 The conditions governing a paid leave of absence shall be as follows: (i) Requests for leaves under this article shall be considered for the fourth and fifth year of the agreement. (ii) An employee who has been granted a leave of absence under this Article shall agree to remain in the employ of the Board for at least five (5) years including the year of leave from if the Public Service leave is granted for the fourth year or six (6) years including the year of leave if the leave is granted for the fifth year.. (iii) An employee shall apply to the Board for a paid leave of absence prior to September 15 and to finance this leave through a deferral of Salary in previous yearsthe Board shall notify the applicant by October 20 if the applicant has permission for such leave. (2iv) Under this planIf a paid leave of absence is granted, participating Employees agree the Board and the employee shall complete and sign an agreement form, a sample copy of which shall be given to defer a portion the Union. (i) Twenty per cent (20%) of their Salary the employee's salary shall be held in trust by the Xxxxxxxx Teacher's Credit Union for each year of the three (3) or four (4) consecutive Academic Years and school years preceding the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) ii) The Executive Director reviews salary that is held back together with accrued interest shall be held in trust by the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary DeferralXxxxxxxx Teachers’ Credit Union. (9i) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding During the period of the leave, the Employee will Board shall pay to the employee, the amount of salary held back. (ii) The interest earned shall be paid 80% to the employee in the year that it is earned. (iii) The Board shall make the appropriate deductions, including pension plan contributions subject to the regulations of the applicable Salary. pension plan, from the payment(s) made to the employee. 22.05 The remaining 20% of Salary will be deferred and this amount will be retained in trust by Board shall maintain full fringe benefit coverage for the Employer to finance payments Member during the period of leave. (11) 22.06 The deferred Salary will Plan in this Article is subject to any Revenue Canada regulations or rulings. The President of the Bargaining Unit shall be notified of such regulations and rulings. 22.07 If the Member ceases to be employed by the Board, withdraws from the agreement of paid leave or dies prior to taking the leave of absence, the Board shall pay to the Member or the Member's estate, as the case may be, the full amount of the salary held back together with the accrued interest as soon as possible but no longer than three months from the time of withdrawal or death whichever is applicable. 22.08 Subject to Article 30 - Layoff and Recall, at the end of the leave, the Member shall return to their position and be placed in a trust fund by an assignment as it exists at the Government and time of return without loss of any returns increases in salary/wages or benefits which may have accrued had the leave not been taken. 22.09 Subject to clause 22.02, the Board shall grant all requests for paid leaves of absence under this Article but shall have the right to limit the number of leaves granted for the same period for any one department or work location. 22.10 There are no restrictions on what activities or employment in which the investment of the trust will be used to pay the participant Member may participate during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Deferred Salary Leave Plan. (1) L28.01 The deferred salary leave plan enables Employees Deferred Salary Leave Plan has been developed to take afford employees the opportunity of taking a one (1) year leave of leave from absence with pay by spreading “x” years salary payments over a “y” year period. “x” over “y” can be any of the Public Service and to finance this leave through a deferral of Salary in previous years.following combinations: (2a) Under this plan, participating Employees agree to defer three (3) years salary payment over a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous year period (b) four (4) years salary payment over a five (5) year period (c) five (5) years salary payment over a six (6) year period. L28.02 A member who has completed at least three (3) years of continuous service as a permanent employee with the Board may apply for such leave. L28.03 A member shall apply, in writing, to pay the Employee's Salary during Director of Education on or before December 31, requesting such leave to begin the period first day of the leavework year for the member which is ten (10) days prior to the first instructional day in the Ministry approved school calendar for that school year. Participation in the plan is subject shall not unreasonably be withheld. Written acceptance or denial of the member’s request, with explanation, shall be forwarded to operational requirementsthe member as soon as practicable. (3) During L28.04 All members participating in the period Plan must sign a form of agreement approved by the Federation and the Board which outlines the conditions of the leave, Employees may engage in whatever activities they wish. (4) L28.05 The individual plan for each participating Employee is a six (6) Academic Year period consisting payment of salary, benefits and timing of the followingone (1) year Leave of Absence shall be as follows: (a) The Depending on the combination selected, during the first three (3), four consecutive (4) or five (5) years during which of the Employee draws Plan, a member will be paid 75%, 80% or 83.33% of Salary his/her annual salary. The remaining 25%, 20% or 16.66% will be accumulated and this amount plus any interest earned in each shall be retained by the Board to finance the year of the four years and defers the remaining 20%;leave. (b) The fifth consecutive year in which the Employee takes the leave, and salary that is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will held back shall be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds in an account at the Board’s Bank and shall accumulate interest at the Employee will be credited with prevailing rate and time schedule extended to the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration ActBoard by its Bank. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant Board shall receivepay to the member, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductionsof salary held back. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions The method of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for payment during the period of leave will shall be governed by as per current pay schedule. i) The interest earned shall be paid to the rules for leave without pay. All benefits cease except Health Care Planmember in the taxation year that it is earned as outlined in the agreement. ii) The Board shall make the appropriate deductions, superannuationincluding pension plan contributions subject to the regulations of the pension plan, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by from the Employee. Arrangements can be payment(s) made to have deductions from pay for some of these benefitsthe member. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. 23.01 A Member who has completed at least three (13) The deferred salary years of continuous service under permanent status with the Board may apply for a paid leave plan enables Employees to take of absence for one (1) school year. 23.02 The conditions governing a paid leave of absence shall be as follows: (i) Requests for leaves under this article shall be considered for the fourth and fifth year of the agreement. (ii) A Member who has been granted a leave of absence under this Article shall agree to remain in the employ of the Board for at least five (5) years including the year of leave from if the Public Service and to finance this leave through a deferral is granted for the fourth year or six (6) years including the year of Salary in previous yearsleave if the leave is granted for the fifth year. (2iii) Under this plan, participating Employees agree A Member shall apply to defer the Board for a portion paid leave of their Salary for four (4) consecutive Academic Years absence prior to September 15 and the Employer agrees Board shall notify the applicant by October 20 if the applicant has permission for such leave. (iv) If a paid leave of absence is granted, the Board and the Member shall complete and sign an agreement form, a sample copy of which shall be given to grant the Employee Union. 23.03 Any salary held back by the Board shall be placed in irrevocable trust in the chartered financial institution in the Member’s name. The interest earned on said funds will be paid in accordance with legislation. (a) If the leave is to be taken in the fourth (4th) year of the agreement then twenty-five per cent (25%) of the Member’s salary shall be held back for each year of the three (3) years preceding the year of leave. (b) If the leave is to be taken in the fifth year, and to use (5th) year of the amounts deferred in agreement then twenty per cent (20%) of the previous Member’s salary shall be held back for each year of the four (4) years to pay preceding the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6i) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding During the period of the leave, the Employee will Board shall pay to the Member, the amount of salary held back. (ii) The interest earned shall be paid 80% to the Member in the year that it is earned. (iii) The Board shall make the appropriate deductions, including pension plan contributions subject to the regulations of the applicable Salary. pension plan, from the payment(s) made to the Member. 23.05 The remaining 20% of Salary will be deferred and this amount will be retained in trust by Board shall maintain full fringe benefit coverage for the Employer to finance payments Member during the period of leave. (11) 23.06 The deferred Salary will Plan in this Article is subject to any Revenue Canada regulations or rulings. The President of the Bargaining Unit shall be notified of such regulations and rulings. 23.07 If the Member ceases to be employed by the Board, withdraws from the agreement of paid leave or dies prior to taking the leave of absence, the Board shall pay to the Member or the Member’s estate, as the case may be, the full amount of the salary held back together with the accrued interest as soon as possible but no longer than three months from the time of withdrawal or death whichever is applicable. 23.08 Subject to Article L32 - Layoff and Recall, at the end of the leave, the Member shall return to their position and be placed in a trust fund by an assignment as it exists at the Government and time of return without loss of any returns increases in salary/wages or benefits which may have accrued had the leave not been taken. 23.09 Subject to clause 23.02, the Board shall grant all requests for paid leaves of absence under this Article but shall have the right to limit the number of leaves granted for the same period for any one department or work location. 23.10 There are no restrictions on what activities or employment in which the investment of the trust will be used to pay the participant Member may participate during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Collective Agreement

Deferred Salary Leave Plan. ‌ 1. The Employer agrees to administer a mutually acceptable Deferred Salary Leave Plan. SIGNATURES‌ Signed at Penticton, British Columbia, this day of , 2009. Xxxxx Xxxxxx, Secretary-Treasurer Xxxxxxxx Xxxxx, President School District No. 67 (Okanagan Skaha) Okanagan Skaha Teachers’ Union Xxxxxx X’Xxxxxx, Managing Consultant Xxxxx Xxxxxxxxx, President British Columbia Public School Employers’ British Columbia Teachers’ Federation Association APPENDICES‌ APPENDIX A ASSOCIATED PROFESSIONALS‌ The parties agree that in the event of additional employees being included in the unit as certified by the Industrial Relations Council, the following conditions shall apply: 1) The deferred salary leave plan enables Employees to take . Within one (1) year month of leave from the Public Service variance in certification being granted, the parties shall commence collective bargaining in good faith to reach agreement on terms and conditions of employment established in this Agreement which shall apply to the Associated Professionals. 2. In the event that the parties are unable to conclude agreement on these matters within one (1) month of the commencement of collective bargaining, or such longer period as may be mutually agreed, the outstanding matters shall be referred to binding arbitration for final and conclusive settlement. APPENDIX B DUTIES DEPARTMENT HEAD - LEVEL I‌ The role of the Department Head is to ensure a departmental philosophy consistent with a school’s philosophy by assuming the following responsibilities under the supervision of the school’s administration. 1. Implementing and co-ordinating curricula 2. Assessing new resources 3. Reviewing new curriculum changes 4. Monitoring School, District, provincial examinations and their results 5. Preparing summaries for student reporting procedures consistent with department practices 6. Ensuring that all grade 12 examinable courses are taught with due concern for the provincial and scholarship examination specifications 7. Assisting with collegial coaching 8. Assisting administration in determining appropriate resources 9. Advising administration concerning timetable organization for the department 10. Liaising with other departments within the school and other schools regarding programme information 11. Involvement in the hiring of and orientation of new staff to the department 12. Providing department members and the administration with agendas and minutes of department meetings 13. Preparing periodic reports as requested by the school’s administration APPENDIX C DUTIES DEPARTMENT HEAD - LEVEL II & MIDDLE SCHOOL TEAM LEADER‌ The role of the Team Leader and Department Head is to ensure a departmental philosophy consistent with a school’s philosophy by assuming the following responsibilities under the supervision of the school’s administration. 1. Implementing and coordinating curricula 2. Assessing new resources 3. Reviewing new curricula changes 4. Monitoring School, District, provincial examinations and their results 5. Preparing summaries for student reporting procedures consistent with department practices 6. Assisting with collegial coaching 7. Assisting administration in determining appropriate resources 8. Advising administration concerning timetable organization for the department 9. Liaising with other departments within the school and other schools regarding programme information 10. Involvement in the hiring of and orientation of new staff to the department 11. Providing department members and the administration with agendas and minutes of department meetings 12. Preparing periodic reports as requested by the school’s administration. [See B.24] APPENDIX D CURRICULUM COORDINATOR‌ A curriculum coordinator is viewed as a teacher with future administrative aspirations. As a result, a curriculum coordinator will seek to acquire as much administrative experience as possible while functioning in this role. He/she will be expected to understudy and to finance this leave through a deferral work in close cooperation with the Administrative Officer in all major areas of Salary the school’s operation. Responsibilities A curriculum coordinator shall: 1. be available by mutual agreement with the Administrative Officer after school closing in previous years.June and before school opening in September to assist with matters of curriculum, administration and organization. Article D.22 (Regular Work Year for Teachers) will apply; (2) Under this plan, participating Employees agree . assume responsibility for the coordination of up to defer a portion three curriculum areas of their Salary for four (4) consecutive Academic Years and instruction; 3. provide assistance to the Employer agrees to grant the Employee leave Administrative Officer in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following:following areas; (a) The first four consecutive years during which coordinate the Employee draws 80% use of Salary earned in each of the four years textbooks and defers the remaining 20%;physical education equipment, (b) The fifth consecutive year in which coordinate the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; andathletic program, (c) The sixth consecutive year assist new staff members, student teachers and Teachers on Call in which adopting school curriculum, (d) contribute to curriculum responsibilities that may arise because of day-to-day operation of the Employee returns school, (e) coordinate the special events within the school; 4. assume administrative responsibilities for the proper functioning of the school in the absence of the Administrative Officer subject to employment the terms and conditions of this Collective Agreement and exclusive of supervisory evaluative duties with respect to other teachers; 5. following consultation with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter staff committee assume other duties as agreed upon by the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral Curriculum Coordinator and the proposed period of leaveAdministrative Officer. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

Appears in 1 contract

Samples: Local Collective Agreement

Deferred Salary Leave Plan. (1) The deferred salary leave plan enables Employees indeterminate employees to take six months or one (1) year of leave from the Public Service Employer, and to finance this leave through a deferral of Salary in salary previous years. (2) . Under this plan, participating Employees employees agree to defer a portion of their Salary salary for four (4) or four and one half consecutive Academic Years years and the Employer agrees to grant the Employee employee leave in the year or the last six months of the fifth year, and to use the amounts deferred in the previous four (4) or four and one-half years to pay the Employeeemployee's Salary salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) . During the period of leave, Employees employees may engage in whatever activities they wish. (4) , except to be employed with the Employer in any capacity, including casual employment. The individual plan for each participating Employee employee is a six (6) Academic Year year period consisting of the following: (a) : The first four consecutive years during which the Employee employee draws 80% of Salary salary earned in each of the four years and defers the remaining twenty percent 20%; (b) ; The fifth consecutive year in which the Employee employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred fundsabove; and (c) and The sixth consecutive year in which the Employee employee returns to employment with the Public Service of Nunavut Employer for a minimum of one year. (5) ; The first four consecutive years and six consecutive months during which the employee draws of salary earned in each of the four years and six months and defers the remaining 10%; The last six consecutive months of the consecutive year in which the employee takes the leave, and is paid from the amounts deferred above; and The first six consecutive months of the sixth consecutive year in which the employee returns to employment with the Employer for a minimum of six months. Participation can begin at any time during the year. There is no maximum number of Employees employees allowed to enter the plan. (6) Executive Directors . The Employer must ensure that approved leaves do not impair the future operation of their School Operations. (7) the organization. Employees make written application to their Executive Directorthe Employer. Applications should will state the proposed start of the Salary salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements . Employees will be notified of the School Operations and notifies the Employee and the respective Department approval of Finance, Pay and Benefits Officer their application at least six (6) weeks prior to the start of Salary Deferral. (9) the salary deferral. Each participant will sign an agreement covering the details of the plan. (10) . In each year of the plan preceding the period of the leave, the Employee employee will be paid 80% or of the applicable Salarysalary. The remaining 20% or of Salary salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) . The deferred Salary salary will be placed in a trust fund retained by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) Employer. A statement of the individualemployee's account deferred amount will be provided at each anniversary of the plan. (12) . During the period of leave, the participant employee shall receive, if on a one (1) year leave, one twenty-twenty sixth (1/26) or, if on a six month leave, one thirteenth of the total deferred amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant employee can be made such as loans, subsidies, Allowances allowances or Salary. (13) salary. Income tax Tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.Tax

Appears in 1 contract

Samples: Collective Agreement

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