Common use of EI REBATE Clause in Contracts

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.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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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.

Appears in 1 contract

Samples: Collective Agreement

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