FUNDING OF LEAVE OF ABSENCE Sample Clauses

FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1 of the Plan, I direct the percentage amounts as set out in this section be withheld by the Board from my current compensation amount with respect to my application in the Plan for the following school years: (not to exceed thirty-three and one third (33 and 1/3) percent In any one (1) year. First Year Second Year Third Year Fourth Year Fifth Year Or For All Years I understand that by written notice to the Board, one d) month before my anniversary in the Plan. I may alter the percentage amount for the next or subsequent years. A guide for deferral: Three Years 33.30% Five Years 20.00% Four Years 25.00% Six Years 16.67%
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FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1, I direct that the percentage amounts as set out in this clause be withheld from the Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Fourth Year % Second Year % Fifth Year % Third Year % OR For All Years % In accordance with clause 3.2, the maximum percentage of Current Compensation Amount deferred in any one year cannot exceed 100 per cent divided by the number of years in the Plan including the Leave of Absence year, without taking into account any deferral under clauses 4.4 and 4.5. • Two Years - Maximum 33 1/3% • Three Years - Maximum 33 1/3% • Four Years - Maximum 25% • Five Years - Maximum 20% I may by written notice to the Employer given prior to September 1st in any given year alter the percentage amounts for that or any subsequent year. (Note: To be completed for the school year up to the school year in which the Leave of Absence specified in paragraph 4 above is to commence.)
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 19.3.a of the Plan, I direct that the Board withhold per cent (not to exceed thirty-three and on third (33 1/3 ) per cent) of my current compensation amount during my participation in the plan. I understand that I may, by written notice given to the Board one (1) month prior to July 1 in any year alter the percentage amount for the next or subsequent years.
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 3.1, I direct that the percentage amounts as set out in this clause (not to exceed thirty-three and one third (33 1/3) per cent) be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Third Year % Second Year % Fourth Year % Or for All Years % On one occasion in any school year, the Participant may, by written notice to the Board, alter the percentage amounts for that or any subsequent year in accordance with Clause 3.1.
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 3.1, I direct that the percentage amounts set out in this clause be deducted from my Current Compensation Amount and deposited on my behalf with respect to my participation in the plan for the following school years: Leave of Absence of one half of a school year or 6 months on 3 years Deduction: 16.67% of the annual salary 🗖 on 4 years Deduction: 12.50% of the annual salary 🗖 on 5 years Deduction: 10.00% of the annual salary 🗖 Leave of Absence of one school year or 12 months on 4 years Deduction: 25.00% of the annual salary 🗖 on 5 years Deduction: 20.00% of the annual salary 🗖
Sample 1
FUNDING OF LEAVE OF ABSENCE. (Note: To be completed for the years up to the time in which the Leave of Absence specified in paragraph 2 above is to commence.) In accordance with Article 2, I direct that the percentage amounts as set out in this clause be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following years: First Year Second Year Third Year Fourth Year Fifth Year Sixth Year I may, by written notice to the School District given one month prior to the anniversary date of my participation in the Plan, alter the percentage amounts for the next or any subsequent year. Interest shall be calculated and credited to my account according to the Agreement between the Board and Concentra Trust.
Sample 1
FUNDING OF LEAVE OF ABSENCE. In accordance with Clause I direct that the percentage amounts set out in this clause be deducted from my Current Compensation Amount and deposited on my behalf with respect to my participation in the plan for the following school years: Leave of Absence of one half of a school year or months on years Deduction: of the annual salary on years Deduction: of the annual salary on years Deduction: of the annual salary Leave of Absence of one school year or months on years Deduction: of the annual salary on years Deduction: of the annual salary
Sample 1
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FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1, I direct that the percentage amounts as set out in this clause be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following school years:
Sample 1

Related to FUNDING OF LEAVE OF ABSENCE

  • General Leave of Absence a) Leave of absence without pay may be granted to employees for valid reasons as set out by Company policy. b) An employee on general leave of absence shall not accumulate sick leave credits, or earn vacation but shall retain the seniority, sick leave credits, and vacation credits earned prior to commencing leave of absence. c) Employees do not have the option of continuing their benefit coverage during the leave. d) Employees on leave of absence shall be required to apply for any extension.

  • LEAVE OF ABSENCE 13.01 The Company may, within its absolute discretion, grant a leave of absence without pay for a period not exceeding thirty (30) days to an employee, such request will not be unreasonably withheld, provided that: a) the employee gives notice in writing to the Supervisor of his/her request for a Leave of Absence at least thirty (30) days prior to the proposed commencement of the leave of absence (except in the case of emergency), and b) in the judgment of the Company, the proposed leave of absence can be arranged without inconvenience to normal operations. c) Leaves of absence of greater than thirty (30) days may be granted by the Company only if deemed to be operationally feasible. d) Employees on leave of absence must maintain their Union dues. Failure to maintain Union dues will result in loss of all seniority. Leaves of absence of greater than thirty (30) days may be granted by the Company, which shall first consult with the union prior to granting such a leave 13.02 Applicants must indicate, on forms provided by the Company, the expected dates of departure and return when given notice of their request for a leave of absence. 13.03 The Company shall notify in writing both the applicant and the Union of its decision within seven (7) days after the request was made by the employee to the Company. 13.04 The Company has agreed that leave of absence will be administered on the following basis: 1. Requests must be made in accordance with Clause 13.01 (a). 2. Seniority will continue to accrue during such Leave of Absence subject to 13.01 (d). 13.05 Upon return from Leave of Absence without pay, an employee shall have the right to be reinstated to a position equivalent to the one he/she occupied at the time he/she left. If there has been a reduction of manpower during the absence of the employee, he/she shall exercise his/her bumping rights upon his/her return. The Company will use reasonable efforts, in compliance with its human rights obligations, to place the returning employee on a shift that will not result in the displacement of another employee.

  • Military Leave of Absence Upon application, a military leave of absence without pay will be granted to employees who are inducted through Selective Service or voluntary enlistment, or those called through membership in the National Guard or reserve component into the Armed Forces of the United States. Credited service for military service shall be determined by the retirement plan.

  • ARTICLE LEAVE OF ABSENCE The Employer, may, in its discretion, grant a leave of absence with or without pay to any employee for education personal reasons. Request for leave of absence shall be in writing and submitted to his supervisor who will forward the same to the designated Human Resources representative for approval. An employeeshall not be required to use his accumulated vacation before requesting a leave of absence for non-vacation purposes. The Employer shall grant leaves of absence without pay to up to four (4) employees to attend Union conventions or seminars, provided that: such leave does not unduly interfere with the operation requirements of the Employer; the total leave of absence granted hereunder shall not exceed twenty-five working days per year of the agreement; not more than one (1) employee from any program unit may receive leave hereunder at any one time and; the Union gives fourteen (14) clear notice of such leave to the Employer. Leave of absence due to pregnancy and/or parental leave shall be granted in accordance with the requirements of the Standards Act of Ontario If an employee who has completed his probationary period is required to serve as a juror, he shall not lose his regular pay because of such attendance provided he notifies his supervisor immediately upon notification that he will be required to serve as a juror, presents proof of service and promptly pays to the Employer any amounts paid to him for such service. Employees absent from work for any continuous period of fifteen (15) calendar days or more other than a period of vacation leave or paid sick leave shall not earn vacation or sick leave credits during the period of any such absence and anniversary dates shall be adjusted accordingly except as specified in Article In addition, the Employer shall not be required to contribute to the payment of health and welfare benefits during any such absence. Employees who desire to maintain health and welfare benefits through the Employer must arrange payments of premiums for all such benefits and pay all such premiums through the Employer before commencing any absence. Notwithstanding the preceding paragraph, it is agreed that the Employer shall maintain health and welfare benefits for employees who are off work on Long Term Disability or Workplace Safety and Insurance Board Benefits for a period of up to one (1) year from the date such employee ceased working for the Employer provided the employee pays his portion of the health and welfare benefits premium. An employee shall be entitled to paternity leave which shall consist of one (1)day with pay and two (2) days without pay.

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