Leave Plan. Effective March the Hospital agrees to introduce a program, funded by the employee subject to the following terms and conditions: The is available to employees wishing to spread four (4) years' salary over a (5)year period, in accordance of the Income Tax Section to enable them to take a one year leave of absence following the four years of salary deferral. The employee must make written application to the Hospital at least six (6) months to the intended date of the program (i.e. the salary deferral portion), stating the intended purpose of the leave. The number of employees that may be absent at any one time shall be determined between the parties. The year for purposes of the program shall be September of one year to August the following year such other (12) month period as may be agreed upon by the employee, the local Union and the Hospital. Where there are applications than spaces seniority shall During the four years of salary deferral, of the employee's gross annual earnings will be deducted and held for the employee and will not be accessible to the employee until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of deferred salary, plus accrued interest, if any, shall be paid to the employee at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employee. benefits shall be kept during the four (4) years of salary During the year of the leave, seniority accumulate. for the purpose of vacation and progression and other benefits will be retained but will not accumulate during the period of leave. The employee shall become responsible for the payment of premiums for any health and welfare in which the employee is participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee will not be to participate in the disability income plan during the year of the leave. An employee may withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the Hospital. Deferred salary, accrued interest, if any, will be returned to the employee within a reasonable period of time. If terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, be returned to the employee within a period of In case of death, the funds will be paid to the employee's estate. The Hospital will endeavour to a temporary replacement for the employee as far in advance as practicable. the is unable to find a suitable replacement, it may postponethe leave. The Hospital give the employee as much notice as is reasonably possible. The employee will have the option of remaining in the Plan and rearranging the leave at a agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee within a reasonable of time. The employee will be reinstated to his or her former position unless the position has been discontinued, in which case the employee shall be given a job. Final approval for entry into the leave program will be subject to the employee entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employee's pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill be appended to and form part ofthe written agreement."
Appears in 1 contract
Samples: Collective Agreement
Leave Plan. Effective March the Hospital agrees The to introduce a leave program, funded by the employee nurse, subject to the following terms and conditions: The plan is available to employees nurses wishing to spread four (4) years' year's salary over a (5)year five year period, in accordance with Part of the Income Tax Section to enable them to take a one year leave of absence following the four years of salary deferral. The employee nurse must make written application to the Hospital Director of Nursing at least six (6) months prior to the intended commencement date of the program (i.e. i.e.; the salary deferral portion), stating the intended purpose of the leave. The number of employees nurses that may be absent at any one time shall be determined between the partiesby local negotiations. The year for purposes of the program shall be September of one year to August the following year or such other (12) twelve month period as may be agreed upon by the employeenurse, the local Union Association and the Hospital. Where there are Written applications than spaces seniority shall will be reviewed by the Director of Nursing or her/his designate. Leaves requested for the purpose of pursuing further formal nursing education will be given priority. Applications for leaves required for other purposes will be given the next level of priority on the basis of seniority. During the four years of salary deferral, of the employeenurse's gross annual earnings will be deducted and held for the employee nurse and will not be accessible to the employee her/him until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus accrued interest, if any, shall be paid to the employee nurse at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employeenurse. All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the leave, seniority will accumulate. Service for the purpose of vacation and salary progression and other benefits will be retained but will not accumulate during the period of leave. The employee shall become responsible for the payment of premiums for any health and welfare benefits in which the employee she/he is participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee nurses will not be eligible to participate in the disability income plan during the year of the leave. An employee A nurse may withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the HospitalDirector of Nursing. Deferred salary, plus accrued interest, if any, will be returned to the employee nurse, within a reasonable period of time. If the nurse terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee nurse within a reasonable period of time. In case of the nurse's death, the funds will be paid to the employeenurse's estate. The Hospital will endeavour to find a temporary replacement for the employee nurse as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postponethe postpone the leave. The Hospital will give the employee nurse as much notice as is reasonably possible. The employee nurse will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee nurse within a reasonable period of time. The employee nurse will be reinstated to her/his or her former position unless the position has been discontinued, in which case the employee she/he shall be given a comparable job. Final approval for entry into the leave program will be subject to the employee nurse entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employeenurse's pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill be appended to and form part ofthe written agreement.":
Appears in 1 contract
Samples: Collective Agreement
Leave Plan. Effective March April the Hospital agrees to introduce a leave program, funded solely by the employee nurse, subject to the following terms and conditions: The is available to employees wishing to spread four (4) years' salary over a (5)year period, in accordance of the Income Tax Regulations, Section to enable toenable them to take a one year leave of absence following the four years of salary deferral. The employee nurse must make written application to the Hospital Director of Nursing at least six (6) months prior to the intended commencement date of the program (i.e. i.e., the salary deferral portion), stating the intended Written applications will be reviewed by the Director of Nursing or her designate. Leaves requested for the purpose of pursuing further formal nursing education will be given priority. Applications for leaves requested for other purposes will be next level of priority on the leavebasis of seniority. The number of employees that may be absent at any one time shall be determined between the parties. The year for purposes of the program shall be September of one year to August the following year such other (12) month period as may be agreed upon by the employee, the local Union and the Hospital. Where there are applications than spaces seniority shall During the four years of salary deferral, of the employee's gross annual earnings will be deducted and held for the employee and will not be accessible to the employee until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of deferred salary, plus accrued interest, if any, shall be paid to the employee at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employee. All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the leave, seniority will accumulate. Service for the purpose of vacation and salary progression and other benefits will be retained but will not accumulate during the period of leave. The employee nurse shall become responsible e for the full payment of premiums for any health and welfare benefits in which the employee she is participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee nurses will not be to participate in the disability income plan during the year of the leave. An employee A nurse may withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the HospitalDirector of Nursing. Deferred salary, plus accrued interest, if anyan , will be returned to the employee nurse, within a reasonable e period of time. If terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, be returned to the employee within a period of In case of death, the funds will be paid to the employee's estate. The Hospital will endeavour to a temporary replacement for the employee as far in advance as practicable. the is unable to find a suitable replacement, it may postponethe leave. The Hospital give the employee as much notice as is reasonably possible. The employee will have the option of remaining in the Plan and rearranging the leave at a agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee within her wit Rin a reasonable of time. The employee will be reinstated to his or her former position unless the position has been discontinued, in which case the employee shall be given a job. Final approval for entry into the leave program will be subject to the employee nurse entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employeenurse's pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee nurse to the Hospital to enter the prepaid leave programwill program will be appended to and form part ofthe of the written agreement. NOTE Provisions in existing Collective Agreements providing for time off to study for College of Nurses examinations, to write registration examinations or examinations for courses of study related to employment be continued in effect and added to the above provisions in such Collective Agreements."
Appears in 1 contract
Samples: Collective Agreement
Leave Plan. to Effective March April the Hospital agrees to introduce a leave program, funded solely by the employee subject to nurse, the following terms and conditions: one year years of The plan is available to employees nurses wishing to spread four (4) years' salary over a (5)year five year period, in accordance with Part of the Income Tax Section to enable them to take a one year leave of absence following the four years of salary deferral. The employee nurse must make written application to the Hospital Director of Nursing at least six (6) months prior to the intended commencement date of the program (i.e. i.e., the salary deferral portion), stating the intended purpose of the leave. The number of employees nurses that may be absent at any one time shall be determined between the partiesby local negotiations. The year for purposes of the program shall be September 1 of one year to August the following year or such other (12) twelve month period as may be agreed upon by the employeenurse, the local Union Association and the Hospital. Where there are Written applications than spaces seniority shall will be reviewed by the Director of Nursing or designate. Leaves requested for the purpose of pursuing further formal nursing 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. During the four years of salary deferral, of the employeenurse's gross annual earnings will be deducted and held for the employee nurse and will not be accessible to the employee her or him until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus accrued interest, if any, shall be paid to the employee nurse at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employeenurse. benefits shall be kept during the four (4) years of salary During the year of the leave, seniority accumulate. for the purpose of vacation and progression and other benefits will be retained but will not accumulate during the period of leave. The employee nurses shall become responsible for the full payment of premiums for any health and welfare benefits in which the employee is they are participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee time nurses will not be eligible to participate in the disability income plan during the year of the leave. An employee A nurse may withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the HospitalDirector of Nursing. Deferred salary, plus accrued interest, if any, will be returned to the employee nurse, within a reasonable period of time. If the nurse terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee nurse within a reasonable period of time. In case of the nurse's death, the funds will be paid to the employeenurse's estate. The Hospital will endeavour to find a temporary replacement for the employee nurse as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postponethe postpone the leave. The Hospital will give the employee nurse as much notice as is reasonably possible. The employee nurse will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee nurse within a reasonable period of time. The employee nurse will be reinstated to her or his or her former position unless the position has been discontinued, in which case the employee nurse shall be given a comparable job. Final approval for entry into the leave program will be subject to the employee nurse entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employeenurse's pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill be appended to and form part ofthe written agreement.":
Appears in 1 contract
Samples: Collective Agreement
Leave Plan. Effective March the Hospital agrees to introduce a leave program, funded solely by the employee nurse, subject to the following terms and conditions: The plan is (available to employees nurses wishing to spread four (4) years' year's salary over a (5)year five year period, in accordance with Part of the Income Tax Section to enable them to take a one year leave of absence following the four years of salary deferral. The employee nurse must make written application to the Hospital Director of Nursing 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 the leave. The number of employees nurses that may be absent at any one time shall be determined between the partiesby local negotiations. The year for purposes of the program shall be September 1 of one year to August the following year or such other (12) twelve month period as may be agreed upon by the employeenurse, the local Union Association and the Hospital. Where there are Written applications than spaces seniority shall will be reviewed by the Director of Nursing or her designate. Leaves requested for the purpose of pursuing further formal nursing . education will be given priority. Applications for leaves required for other purposes will given the next level of priority on the basis of seniority. . The nurse must make written application to the Director of Nursing at six months prior to the intended date of the program (i.e.; the salary deferral portion), stating the intended purpose of the leave. be agreed upon by the nurse, the local Association and the Hospital. Written applications will be reviewed by the Director Nursing or her designate. Leaves for the purpose of pursuing further formal nursing education will be given priority. Applications for leaves required for other purposes be given the level of priority on the basis of seniority. During the four years of salary deferral, of the employeenurse's gross annual earnings will be deducted and held for the employee nurse and will not be accessible to the employee her until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus accrued interest, if any, shall be paid to the employee nurse at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employeenurse. . All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the leave, seniority will accumulate. Service for the purpose of vacation and salary progression and other benefits will be retained but will not accumulate during the period of leave. The employee shall become responsible for the payment of premiums for any health and welfare in which the employee is participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee will not be to participate in the disability income plan during the year of the leave. An employee may A nurse xxx withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the HospitalDirector of Nursing. Deferred salary, plus accrued interest, if any, will be returned to the employee nurse, within a reasonable period of time. If the nurse terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, be returned to the employee within a period of In case of death, the funds will be paid to the employee's estate. nurse a The Hospital will endeavour to a temporary replacement for the employee as far in advance as practicable. the is unable to find a suitable replacement, it may postponethe leave. The Hospital give the employee as much notice as is reasonably possible. The employee will have the option of remaining in the Plan and rearranging the leave at a agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee within a reasonable of time. The employee nurse will be reinstated to his or to. her former position unless the position has been discontinued, in which case the employee she shall be given a job. Final approval for entry into the leave program will be subject to the employee nurse entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employeenurse's pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective Such agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill be appended to and form part ofthe written agreement."
Appears in 1 contract
Samples: Collective Bargaining Agreement
Leave Plan. Effective March April the Hospital agrees to introduce a pm-paid leave program, funded solely by the employee nurse, subject to the following terms and conditions: The plan is available to employees nurses wishing to spread four (4) years' ’ salary over a (5)year five year period, in accordance with Part of the Income Tax Section to enable them to take a one year leave of absence following the four years of salary deferral. The employee nurse must make written application to the Hospital Chief Nursing Officer or Supervisor at least six (6) months prior to the intended commencement date of the program (i.e. i.e., the salary deferral portion), stating the intended purpose of the leave. The number of employees nurses that may be absent at any one time shall be determined between the partiesby local negotiations. The year for purposes of the program shall be September 1 of one year to August the following year or such other (12) twelve month period as may be agreed upon by the employeenurse, the local Union Association and the Hospital. Where there are Written applications than spaces seniority shall will be reviewed by the Chief Nursing Officer, Supervisor or designate. Leaves requested for the purpose of pursuing further formal nursing 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. During the four years of salary deferral, of the employee's nurse’s gross annual earnings will be deducted and held for the employee nurse and will not be accessible to the employee her or him until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus accrued interest, if any, shall be paid to the employee nurse at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employeenurse. All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the leave, seniority will accumulate. Service for the purpose of vacation and salary progression and other benefits will be retained but will not accumulate during the period of leave. The employee Full-time nurses shall become responsible for the full payment of premiums for any health and welfare benefits in which the employee is they are participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee Full-time nurses will not be eligible to participate in the disability income plan during the year of the leave. An employee A nurse may withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the Hospital. Chief Nursing or Deferred salary, plus accrued interest, if any, will be returned to the employee nurse, within a reasonable period of time. If the nurse terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee nurse within a reasonable period of time. In case of the nurse’s death, the funds will be paid to the employee's nurse’s estate. The Hospital will endeavour to find a temporary replacement for the employee nurse as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postponethe postpone the leave. The Hospital will give the employee nurse as much notice as is reasonably possible. The employee nurse will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee nurse within a reasonable period of time. The employee nurse will be reinstated to her or his or her former position unless the position has been discontinued, in which case the employee nurse shall be given a comparable job. Final approval for entry into the pm-paid leave program will be subject to the employee nurse entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employee's nurse’s pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill be appended to and form part ofthe written agreement.":
Appears in 1 contract
Samples: Collective Agreement
Leave Plan. Effective March April the Hospital agrees to introduce a leave program, funded solely by the employee nurse, subject to the following terms and conditions: The plan is available to employees nurses wishing to spread four (4) years' year's salary over a (5)year five year period, in accordance with Part of the Income Tax Section to enable them to take a one year leave of absence following the four years of salary deferral. The employee nurse must make written application to the Hospital Director of at least six (6) months prior to the intended commencement date of the program (i.e. i.e.; the salary deferral portion), stating the intended purpose of the leave. The number of employees nurses that may be absent at any one time shall Shall be determined between the partiesby local negotiations. The year for purposes of the program shall be September 1 of one year to August the following year such or other (12) twelve month period as may ma) be agreed upon by the employeenurse, the local Union Association and the Hospital. Where there are Written applications than spaces seniority shall will be reviewed by the Director of Nursing or her designate. Leaves requested for the purpose of pursuing further nursing education will be given priority. Applications for leaves required for other purposes will be given the level of priority on the basis of seniority. During the four years of Of salary deferral, of the employee's gross annual earnings will be deducted and held for the employee nurse and will not be accessible to the employee her until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus accrued interest, if any, shall be paid to the employee nurse at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employeenurse. All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the leave, seniority will accumulate. Service for the purpose of vacation and salary progression and other benefits will be retained but will not accumulate during the period of leave. The employee nurse shall become responsible for the payment of premiums for any health and welfare benefits in which the employee she is participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee nurses will not be eligible to participate in the disability income plan during the year of the leave. An employee may nurse xxx withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the HospitalDirector of Nursing. Deferred salary, plus accrued interest, if any, will be returned to the employee nurse, within a reasonable period of time. If the nurse terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee within nurse a reasonable period of time. In case of the nurse's death, the funds will be paid to the employee's estate. The Hospital will endeavour to find a temporary replacement for the employee nurse as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postponethe ray postpone the leave. The Hospital give the employee nurse as much notice as is reasonably possible. The employee nurse will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee her within a reasonable period of time. The employee will be reinstated to his or her former position unless the position has been discontinued, in which case the employee shall be given a job. Final approval for entry into the leave program will be subject to the employee entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employee's pay. Such agreement will include: A statement that the employee is entering the leave program in with this Article of the collective agreement. The period of deferral and the period for which the leave is The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill be appended to and form part ofthe written agreement."
Appears in 1 contract
Samples: Collective Agreement
Leave Plan. Effective March the The Hospital agrees to introduce a leave program, funded solely by the employee employee, subject to the following terms and conditions: . The plan is available to employees wishing to spread four (4) years' salary over a five (5)year 5) year period, in accordance with Part of the Income Tax Regulations, Section to enable them to take a one year leave of absence following the four (4) years of salary deferral. The employee must make written application to the Hospital Director of Human Resources or 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 the leave. The number of employees that may be absent at any one time shall be determined between the parties. The year for purposes of the program shall be September of one year to August the following year such other or (12) month period as may be agreed upon by the employeeemployees, the local Union and the Hospital. Where there are applications than spaces seniority shall Written application will be reviewed by the Director of Human Resources or designate. Leaves requested for the purpose of pursuing further formal education will be given priority. Applications for leaves required for other purposes will be given the next level of priority on the basis of seniority. During the four (4) years of salary deferral, of the employee's gross annual earnings will be deducted and held for the employee and will not be accessible to the employee her until the year of the leave or upon withdrawal from the plan. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus accrued interest, if any, any shall be paid to the employee at the commencement of the leave or in accordance with such other payment schedule as may be agreed upon between the Hospital and the employee. All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the leave, seniority will accumulate. Service for the purpose of vacation and salary progression and other benefits will be retained but will not accumulate during the period of leave. The employee shall become responsible for the payment of premiums for any my health and welfare benefits in which the employee is participating. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. The employee will not be to participate in the disability income plan during the year of the leave. An employee may withdraw from the plan at any time during the deferral portion provided three (3) months notice is given to the HospitalDirector of Human Resources, subject to Revenue Canada guidelines. Deferred salary, plus accrued interest, if any, will be to the employee, within a reasonable period of time. If the employee terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee within a reasonable period of time. If terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, be returned to the employee within a period of In case of the employee’s death, the funds will be paid to the employee's estate. ’s The Hospital will endeavour to find a temporary replacement for the employee as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postponethe postpone the leave. The Hospital will give the employee as much notice as is reasonably possible. The employee will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out to the employee within her a reasonable period of time. The employee will be reinstated to his or her former position unless the position has been discontinued, in which case the employee shall be given a jobcomparablejob. Final approval for entry into the leave program will be subject to the employee entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employee's payemployee’spay. Such agreement will include: A statement that the employee is entering the leave program in accordance with this Article of the collective agreementCollective Agreement. The period of salary deferral and the period for which the leave is requested. The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave programwill program will be appended to and form part ofthe of the written agreement."
Appears in 1 contract
Samples: Collective Agreement