Leave Year. (a) No later than 1 May preceding the year of leave, the employee shall determine and advise the Human Resources Department of the date(s) and percentage for withdrawal of the total accumulated balance in the trust account: (e.g. 40% lump sum withdrawn in September; 60% lump sum withdrawn in January.) (b) By 1 June preceding the year of leave, the employee shall be invoiced for the full cost of current benefit premiums. The employee shall return the invoice by 10 June indicating the benefits to be continued. Payment of benefits premiums shall be made by pre-authorized debit.
Appears in 7 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
