EI REBATE. 1. The employer shall remit monthly to the BCTF Salary Indemnity Fund the proportionate share of the employment insurance premium reduction set out in the Previous Local Agreement. Where the proportionate share is not expressed in the Previous Local Agreement, the employer shall remit monthly to the BCTF Salary Indemnity Fund an amount consistent with the past practice of the local parties. The amount remitted on behalf of any employee shall not be less than 5/12 of said reduction.
2. The employer shall calculate each employee’s share of the savings which have been remitted pursuant to Article B.4.1 above and include that amount as part of the employee’s taxable income on the yearly T4 slip.
EI REBATE. 4.1 The employer shall remit monthly to the BCTF Salary Indemnity Fund the proportionate share of the employment insurance premium reduction set out in the Previous Local Agreement. Where the proportionate share is not expressed in the Previous Local Agreement, the employer shall remit monthly to the BCTF Salary Indemnity Fund an amount consistent with the past practice of the local parties. The amount remitted on behalf of any employee shall not be less than 5/12 of said reduction.
EI REBATE. Any amount payable to an employee as the result of a rebate of EI premiums shall be applied to help meet the costs of the Employer's share of premiums for benefits in this article.
EI REBATE. The Union agrees that the employee share of the Employment Insurance Rebate shall be paid to the Corporation to partially offset the cost of the Sick Leave Plan.
EI REBATE. The Union agrees that the employee share of the Employment Insurance Rebate shall be paid to the Employer to partially offset the cost of the gratuity plan.
EI REBATE. It is mutually agreed that any and all accrued premium rate reductions realized by the Employer from 1985 to the expiry date of this agreement (five/twelfths (5/12ths) rebate) will be applied to all benefits in this article.
EI REBATE. The Community Centres will submit applications to Service Canada Premium Reduction Program and if approved, the parties will meet to discuss disposition of the rebate. The Recording Secretary will be provided with a copy of Service Canada’s decisions on the applications.
EI REBATE. The employee’s share of any Employment Insurance Premium Rebate will be retained by the Company to offset a portion of the benefit improvements contained in this Agreement.
EI REBATE. It is mutually agreed that any and all accrued premium rate reductions realized by the Employer (five/twelfths (5/12ths) rebate) will be applied to all benefits in this Article. A letter confirming the amount of this rebate will be sent to the Local President by March 31st of the following year.
EI REBATE. Under current Employment Insurance Regulations, the Board is allowed a reduction in its Employment Insurance premiums because of its Sick Leave Credit Plan 5/12 of the reduction is credited to the Members as a cash payment. The parties agree that the Member’s portion of the premium reductions shall be retained by the Board and will be applied as a portion of the Board’s contributions to wages and benefits agreed upon in this Agreement.
