EMPLOYEE FUNDED LEAVE PLAN. An employee Self-Funded Leave Plan is established permitting a one (1) year leave of absence through deferral of salary to finance the leave. Any permanent employee with the Board is eligible to participate in the plan (see Policy No. 3A:4 for application procedures). S over Y plus 1 (S/Y + 1) where: "S" equals the annual salary plus responsibility allowances if applicable; "Y" equals the number of years in the plan; and
EMPLOYEE FUNDED LEAVE PLAN. 22.01(a) By January 31 of any given year, an employee with three or more years seniority wanting to participate in the Employee Funded Leave Plan shall apply in writing to the Director. Approval shall be received by the employee no later than March 31st of the year of application. Each Support Staff Employee permitted to participate in the Plan shall enter into an Agreement with the Board, which form of agreement shall be mutually satisfactory to the parties.
EMPLOYEE FUNDED LEAVE PLAN. The Board agrees to an Employee Funded Leave Plan which shall permit the employee to take a one year self-funded leave in year (3) three of a THREE (3) year agreement; in year four (4) of a FOUR (4) year agreement; or year five (5) of a FIVE
EMPLOYEE FUNDED LEAVE PLAN. 09a) By January 31 of any given year, an employee with three or more years seniority wanting to participate in the Employee Funded Leave Plan shall apply in writing to the Administrator of Human Resources. If approval is given the employee will be notified no later than March 31 of the year of application. Each CUPE employee permitted to participate in the Plan shall enter into an Agreement with the “Board”, which form of agreement shall be mutually satisfactory to the parties.
EMPLOYEE FUNDED LEAVE PLAN. 21.01 There shall be an Employee-Funded Leave Plan.
21.02 The details of the Plan are included as Schedule C of this Agreement.
EMPLOYEE FUNDED LEAVE PLAN. The Employer agrees to introduce a prepaid leave program, funded solely by the employee, subject to the following terms and conditions:
(a) The plan is available to Employees wishing to spread four (4) years' salary over a five (5) year period, in accordance with Part LXVIII of the Income Tax Regulations, Section 6801, to enable them to take a one (1) year leave of absence following the four (4) years of salary deferral.
(b) The Employee must make written application to the Director of Nursing or her designate at least six (6) months prior to the intended commencement date of the program (i.e. the salary deferral portion), stating the intended purpose of your leave.
(c) Written applications will be reviewed by the Director of Nursing or his/her designate. Leaves requested for the purpose of pursuing further formal education will be given priority. Applications for leaves requested for other purposes will be given the next level of priority on the basis of seniority. A written approval or denial with explanation will be forwarded to the applicant within four (4) weeks of the application.
(d) The number of Employees that may be absent at any one time shall not exceed three
EMPLOYEE FUNDED LEAVE PLAN. OHCOW will establish an employee funded leave plan pursuant to which a permanent full time employee with the approval of the Board, may defer twenty percent (20%) of salary for each of four (4) consecutive years and then take one (1) year leave of absence. The terms of the leave plan are as follows:
EMPLOYEE FUNDED LEAVE PLAN. The Board agrees to an Employee Funded Leave Plan which shall permit the employee to take a one year self-funded leave in year (3) three of a THREE (3) year agreement; in year four (4) of a FOUR (4) year agreement; or year five (5) of a FIVE (5) year agreement. During his/her years in the funded leave plan, the employee shall agree to be paid by the Board at sixty-six decimal six six percent (66.66%) (for a THREE (3) year agreement) or at seventy-five percent (75%) (for a FOUR (4) year agreement) or at Eighty percent (80%) (for a FIVE (5) year agreement) of the wages paid under the Collective Agreement, subject to the conditions outlined below. The Employee Funded Leave Plan will be subject to the Canadian Income Tax Act. There shall be no cost to the Board except that the Board shall pay one hundred percent (100%) of the applicable statutory deductions during the leave. Interest paid on trust fund accounts shall be two percent (2%) less than prime calculated and credited on the last day of each month. The duration of the Agreement and the percentages of salary paid and withheld may be changed with the approval of both parties.
EMPLOYEE FUNDED LEAVE PLAN. An Employee Funded Leave may be granted to a full-time permanent employee who has completed two (2) years of service which would permit the employee to work for four (4) consecutive years at eighty percent (80%) of regular salary and take a leave of absence on the fifth (5th) year. The number of employees permitted to take leave under this plan in any given year shall be one (1). In the event that no suitable and qualified replacement is available prior to the employee’s leave of absence, management shall have the right to defer the leave of absence for a period of up to one (1) year or until a replacement is found, whichever comes sooner. Applications for Employee Funded Leave shall be made in writing and subject to the approval of the supervisor and Executive Director. Written approval or denial with explanation will be forwarded to the applicant within sixty (60) days. An employee may withdraw from the plan at any time prior to commencement of the leave. During the year of the leave, seniority shall accumulate for the entire period of the leave. On return from leave, an employee will be assigned to their former position. However, if changes have occurred as a result of funding which impacts on bargaining unit complement positions, the provisions of Article 15 shall apply. During the year of leave, the employee’s salary level will be adjusted in the same manner as for all bargaining unit members. An employee who has participated in the plan shall work for at least two (2) years in her present position before applying for another Employee Funded Leave.
EMPLOYEE FUNDED LEAVE PLAN. The Employer agrees to introduce a prepaid leave program, funded solely by the employee, subject to the following terms and conditions:
(a) The plan is available to Employees wishing to spread four (4) years' salary over a five
