Common use of Employment Insurance Premium Reduction Clause in Contracts

Employment Insurance Premium Reduction. 34.01 The Employer shall retain the full amount of any premium reduction (representing a savings in employer premiums) allowable on employment insurance premiums by Human Resources and Skills Development Canada (HRSDC) which is granted as a result of the benefits covering Employees to which this Collective Agreement applies. 34.02 The premium reduction referred to in Clause 34.01 is based on the terms of the College short-term disability plan covering casual and general illness and shall be recognized as the Employee's contribution towards the benefits provided within the short term disability plan. 34.03 The Employer will inform the Union annually of the reduced rate of the premium reduction approved by HRSDC.

Employment Insurance Premium Reduction. 34.01 The Employer shall retain the full amount of any premium reduction (representing a savings in employer premiums) allowable on employment insurance premiums by Human Resources and Skills Development Canada (HRSDC) which is granted as a result of the benefits covering Employees to which this Collective Agreement applies. 34.02 The premium reduction referred to in Clause 34.01 is based on the terms of the College short-short- term disability plan covering casual and general illness and shall be recognized as the Employee's contribution towards the benefits provided within the short short-term disability plan. 34.03 The Employer will inform the Union annually of the reduced rate of the premium reduction approved by HRSDC.

Employment Insurance Premium Reduction. 34.01 The Employer shall retain the full amount of any premium reduction (representing a savings in employer premiums) allowable on employment insurance premiums by Human Resources and Skills Development Canada (HRSDC) which is granted as a result of the benefits covering Employees to which this Collective Agreement applies. 34.02 The premium reduction referred to in Clause 34.01 is based on the terms of the College short-term short-­‐‑term disability plan covering casual and general illness and shall be recognized as the Employee's Employee'ʹs contribution towards the benefits provided within the short term disability plan. 34.03 The Employer will inform the Union annually of the reduced rate of the premium reduction approved by HRSDC.