EMPLOYEE FUNDED LEAVE PLAN Sample Clauses

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
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
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.
Sample 1Sample 2Sample 3See All (4)
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
Sample 1Sample 2
EMPLOYEE FUNDED LEAVE PLAN. 21.01 There shall be an Employee-Funded Leave Plan.
Sample 1Sample 2
EMPLOYEE FUNDED LEAVE PLAN. 13.09a) 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.
Sample 1Sample 2
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:
Sample 1Sample 2
EMPLOYEE FUNDED LEAVE PLAN. 13.11 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:
Sample 1
AutoNDA by SimpleDocs
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.
Sample 1
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.
Sample 1

Related to EMPLOYEE FUNDED LEAVE PLAN

  • Self-Funded Leave Plan 26.01 The Self Funded Leave Plan has been developed to afford Employees the opportunity of taking up to one year leave of absence and, through deferral of salary, to finance the leave subject to the regulations under the Income Tax Act.

  • Self-Funded Leave 25.2.1 An employee may apply to participate in the self funded leave plan as permitted under the Income Tax Act (Canada) in order to defer pre-tax salary dollars to fund a leave of absence. The deferral period must be at least one (1) year and not more than four (4) years.

  • Sick Leave Benefit Plan The Sick Leave Benefit Plan will provide sick leave days and short term disability days for reasons of personal illness, personal injury, including personal medical appointments and personal dental appointments.

  • Deferred Salary Leave Plan 1. The Board shall administer a Deferred Salary Leave Plan as determined by a separate agreement.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Leave Plan Effective April the Hospital agrees to introduce a leave program, funded solely by the nurse, subject to the following terms and conditions:

  • VACATION PLAN 2 All employees in the bargaining unit shall earn paid vacation time 3 under this Article. Vacation benefits are earned on a fiscal year 4 basis--July 1 to June 30.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Sick Leave Plan The benefits of the Company’s Sick Leave Plan shall be considered as part of this Agreement. However, it is recognized that its provisions are not an automatic right of an employee and the administration of this plan and all decisions regarding the appropriateness or degree of its application shall be vested solely in the Company. The Company’s Sick Leave Plan will provide that probationary and regular employees will commence with a credit of eight days at 100 percent (100%) and 15 days at 75 percent (75%) pay, payable from the first day of sickness. This credit will continue to be available until the employee attains his/her first annual accumulation date as a regular employee. At the time of this accumulation date and each subsequent accumulation date he/she will acquire additional credits of eight days at 100 percent (100%) pay and 15 days at 75 percent (75%) pay. The accumulation of credits will be subject to the provisions of the Company’s Sick Leave Plan. Regular part-time employees shall receive a pro-rated number of sick days. When a regular part-time employee is absent due to illness on a scheduled day of work, they shall be paid for the hours of work scheduled for that day provided sick leave credits are available. Normally employees will be expected to arrange routine medical or dental appointments during non-working hours. Where such appointments cannot be arranged during non-working hours and the employee can be released from his/her duties, then the time shall be charged against an employee's sick leave time except in the case of medical appointments of less than half a day where normal earnings will be maintained. Employees who are on sick leave for 30 days or more may be eligible to participate in a vocational rehabilitation program in accordance with the Company’s policy. All major medical absence forms will be completed for any absence of four (4) continuous days/shifts or more or when requested by management. The Company will compensate the employee for the cost associated with completing these forms up to a maximum of $30.00. Additionally, the company will compensate the employee for the full cost of all medical notes, medical forms or medical information required to support LTD or other Wellness programs. This provision applies to Doctor’s notes requested by Line Management as part of the administration of the sick leave plan. Employees will be required to submit all forms required by management through their personal physician. Sick Leave benefits are conditional upon receipt of these forms and it is the responsibility of the employee to ensure that the employer receives these forms within a reasonable period of time. Any discipline related to sick leave that is imposed and grieved by the union will be referred directly to Xxxxxx Xxxxxxxxx for resolution.

Time is Money Join Law Insider Premium to draft better contracts faster.