Holiday Pro-Rata Benefits. Part-time employees will receive holiday benefits
Holiday Pro-Rata Benefits Sample Clauses
Related to Holiday Pro-Rata Benefits
Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.
Sick Leave Benefits Sick leave is an indemnity benefit and not an acquired right. A Nurse who is absent from a scheduled shift on approved sick leave shall only be entitled to sick leave pay if the Nurse is not otherwise receiving pay for that day, and providing the Nurse has sufficient sick leave credits.
Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. In order to go on LTD, the person must: (a) Be off work for seventeen (17) consecutive weeks with the same or unrelated illness or injury. (b) Be off work for a total of seventeen (17) weeks with the same illness or injury providing that the return to work was less than twenty (20) consecutive days.
Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for six months, including periods approved in section 1.03(a) and (c), the employee shall be eligible to receive a monthly benefit as follows: (a) The employee shall receive a monthly benefit equal to the sum of: (i) 70% of the first $2,300 of monthly earnings; and (ii) 50% of the monthly earnings above $2,300. For the purpose of the above, earnings shall mean basic monthly earnings as at the date of disability as determined by the Commission. The basic monthly earnings as at the date of disability shall be the salary in effect for the last month of the Short Term Plan period, or equivalent six-month period, taking into consideration any retroactive adjustments. The date of disability for determining the commencement of the first 25 months of disability shall be the day following the last month of the Short Term plan period, or an equivalent six-month period. (b) The Long Term Disability benefit payment will be made so long as an employee remains totally disabled in accordance with section 2.03, and will cease on the date the employee recovers, or at the end of the month in which the employee reaches age 65, or resigns, or dies, whichever occurs first. (c) An employee in receipt of long term disability benefits will be considered an employee for purposes of pension benefits and will continue to be covered by group life, extended health, dental and medical plans. Employees will not be covered by any other portion of the collective agreement but will retain the right of access to the Joint Consultation Committee established thereunder and will retain seniority rights should they return to employment within nine months following cessation of benefits. A temporary assignment will not disqualify an employee from the nine-month access period. (d) When an employee is in receipt of a benefit described in (b) above, contributions required for benefit plans in (d) above and contributions for pension benefits will be waived by the Commission. (e) An employee engaged in rehabilitative employment with the Commission and who is receiving partial Long Term Disability benefit payments will have contributions required for benefit plans in (d) above and contributions for pension benefits waived by the Commission, except that Superannuation contributions shall be deducted from any salary received from the Commission to cover the period of rehabilitative employment.
