Leave With Income Averaging Sample Clauses

Leave With Income Averaging. At their request and with the concurrence of the Employer, employees shall be entitled to reduce the number of weeks they work in any 12 month period by taking leave without pay for a minimum of five (5) weeks to a maximum of three (3) months, with income averaged over the full 12 month period. Pension and other benefits will be calculated as if the employee was on paid leave.
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Leave With Income Averaging. 34.01 Subject to operational requirements, on the request of an employee and with the concurrence of the employer and the union, an employee may arrange with the employer leave with income averaging, in accordance with the conditions put on such income averaging by Revenue Canada, or its successors, for a minimum period of one (1) month to a maximum period of four (4) months leave over a twelve
Leave With Income Averaging. 26.01 An indeterminate employee may make a written application to the employer to receive blocks of leave without pay of between five (5) weeks and three (3) months, within a twelve (12) month period, and continue to receive a pro -rated salary over the same twelve month period that the LIA covers. The Employer will make all reasonable efforts to accommodate such leaves and will provide written confirmation within fourteen (14) days of the initial application. This leave can only be taken once per twelve month period.

Related to Leave With Income Averaging

  • Holiday Coinciding with a Day of Vacation Where an employee is on vacation leave and a day of paid holiday falls within that period, the paid holiday shall not count as a day of vacation.

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

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

  • Program Income Income directly generated from funds provided under this Contract or earned only as a result of such funds is Program Income. Unless otherwise required under the Program, Grantee shall use Program Income, as provided in UGMS Section III, Subpart C, .25(g)(2), to further the Program, and Grantee shall spend the Program Income on the Project. Grantee shall identify and report Program Income in accordance with the Contract, applicable law, and any programmatic guidance. Grantee shall expend Program Income during the Contract term, when earned, and may not carry Program Income forward to any succeeding term. Grantee shall refund Program Income to the System Agency if the Program Income is not expended in the term in which it is earned. The System Agency may base future funding levels, in part, upon Xxxxxxx’s proficiency in identifying, billing, collecting, and reporting Program Income, and in using Program Income for the purposes and under the conditions specified in this Contract.

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