PAYOUT FOR SICK LEAVE CREDITS Sample Clauses

PAYOUT FOR SICK LEAVE CREDITS. Notwithstanding clause 11B.19, the payout for sick leave credits shall apply to employees who were formerly employed by the City of York. Employees of the former Board of Health for the City of York, on staff prior to October 1, 1982, who did not enrol in the new STD plan will be covered by Schedule C, Option B, of the former Local 59 Collective Agreement. Said employees shall receive a sick pay out in accordance with the former City of York by-law 2165. The sick time accumulation pay out shall be at one hundred percent (100%) of the employee’s rate of pay at time of termination of employment. Sick pay accumulation standing to his/her credit will be paid for all credits up to a maximum of one hundred and thirty (130) days Trust Agreement credits shall be based on the employee’s sick credits entered into said Trust Agreements as of October 1, 1982 or upon signing of said Trust Agreement whichever is proper as past practice has established. Employees transferred into Local 59 subsequent to October 1, 1982 who would be covered by the above are included. Similarly, any employees of the former CUPE Local 840 (Health), who would be covered by the above are included. The employees referred to in this paragraph are those who are currently members of CUPE Local 79. (CUPE LOCAL 840 – INSIDE ) PAYOUT FOR SICK LEAVE CREDITS Notwithstanding clause 11B.19 the following payout for sick leave credits shall apply to employees who were formerly employed by the City of York. Employees of the former City of York, on staff prior to August 1, 1982, who did not enrol in the new STD plan will be covered by Schedule C, Option B of the former CUPE Local 840 (Inside) Collective Agreement. Said employees shall receive a sick payout in accordance with the former City of York by-law 2165. The sick time accumulation payout shall be at one hundred percent (100%) of the employee’s rate of pay at time of termination of employment. Sick pay accumulation standing to his/her credit will be paid for all credits up to a maximum of one hundred and thirty (130) days. Trust Agreement credits shall be based on the employee’s sick credits entered into said Trust Agreements as of July 31, 1982 or upon signing of said Trust Agreement whichever is proper as past practice has established. Employees transferred into CUPE Local 840 subsequent to July 31, 1982 who would be covered by the above are included. Similarly, any employees of the former CUPE Local 840 (Health), who would be covered by the above ar...
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PAYOUT FOR SICK LEAVE CREDITS. Notwithstanding clause I the payout for sick leave credits shall apply to employees who were formerly employed by the City of York. of the former City of York, on staff prior tu July who did not enrol in the new plan be covered by Schedule Option B of the former Local Collective Agreement. Said employees shall receive a sick payout in accordance with the former City of York by-law The sick time payout shall be at one hundred percent of the employee's rate of pay at time of termination of employment. Sick pay accumulation standing to their credit will be paid for all credits up to a maximum of one hundred and thirty (130) days. Trust Agreement credits shall be based the employee's credits entered into said Trust Agreements as of July or upon signing of said Trust Agreement whichever is proper as past practice has established. Employees transferred into Local subsequent to July who would be covered by the above are included. any employeas of the former Local (Inside), who would be by the above are included. The employees referred to in this paragraph are those who are currently members of Local FORMER OF HEALTH FOR THE CITY OF YORK EMPLOYEES
PAYOUT FOR SICK LEAVE CREDITS. Notwithstanding clause I the following severance allowances shall apply to nurses who employed by the former City of Scarborough. A nurse whose Services are terminated for reasons other than those provided in clause (Retirement) and (Death} of the Local Agreement will be entitled to payout for unused accumulated sick leave credits on the following basis: Over ten years and than fifteen (15) years of service one half of the unused balance or the equivalent of three (3) months salary earned by immediately to the date of termination whichever is the lesser amount; Over fifteen (15) years and less than twenty (20)years of service half (112) of the unused balance or the equivalent of four (4) months salary earned by immediately prior to the date of whichever is the lesser amount; Over twenty (20) years and less than (25) years of service one half of the unused balance or the of five (5) months salary earned by and, immediately prior to the date of termination, whichever is the lesser amount; and, Over twenty-five (25) years of service one half of the unused balance or the equivalent of six (6) months salary earned by prior to the date of whichever Is the lesser amount, The parties agree that of this Collective Agreement the above letters of Intent are subject to proofing and by Local and the City.

Related to PAYOUT FOR SICK LEAVE CREDITS

  • Sick Leave Credits (a) Prior to the commencement of maternity leave, illness arising due to pregnancy may be covered by normal sick leave. (b) Sick leave may be used by any pregnant employee, authorized by the receipt of a qualified medical practitioner's statement to the Employer, where there is a confirmed case of German measles or any other disease or condition in the place of employment which could be harmful to pregnancy as determined by the qualified medical practitioner's statement or report. They may use this leave until all danger from such disease or condition no longer exists.

  • Sick Leave Credit-Based Retirement Gratuities 1) A Teacher is not eligible to receive a sick leave credit gratuity after August 31, 2012, except a sick leave credit gratuity that the Teacher had accumulated and was eligible to receive as of that day. 2) If the Teacher is eligible to receive a sick leave credit gratuity, upon the Teacher’s retirement, the gratuity shall be paid out at the lesser of, a) the rate of pay specified by the board’s system of sick leave credit gratuities that applied to the Teacher on August 31, 2012; and b) the Teacher’s salary as of August 31, 2012. 3) If a sick leave credit gratuity is payable upon the death of a Teacher, the gratuity shall be paid out in accordance with subsection (2). 4) For greater clarity, all eligibility requirements must have been met as of August 31, 2012 to be eligible for the aforementioned payment upon retirement, and the Employer and Union agree that any and all wind-up payments to which Teachers without the necessary years of service were entitled to under Ontario Regulation 01/13: Sick Leave Credits and Sick Leave Credit Gratuities, have been paid. 5) For the purposes of the following boards, despite anything in the board’s system of sick leave credit gratuities, it is a condition of eligibility to receive a sick leave credit gratuity that the Teacher have ten (10) years of service with the board: i. Near North District School Board ii. Avon Maitland District School Board iii. Xxxxxxxx-Xxxxxxxxx District School Board

  • Sick Leave Credit All employees shall be able to draw on a block of six (6) days sick leave when they commence employment. If all or part of this block of sick leave is used it will be paid back as sick leave is accumulated. If an employee ceases employment and has a negative balance in sick leave credit, this amount will be deducted from his/her final paycheque.

  • Vacation Leave Credits ‌ Full-time and part-time employees will be credited with vacation leave accrued monthly, according to the rate schedule and vacation leave accrual below.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who: (i) fails to satisfy the eligibility requirement specified in subparagraph 17.02(a)(ii) solely because a concurrent entitlement to benefits under the Disability Insurance (DI) Plan, the Long term Disability (LTD) Insurance portion of the Public Service Management Insurance Plan (PSMIP) or the Government Employees Compensation Act prevents her from receiving Employment Insurance or Québec Parental Insurance Plan maternity benefits, and (ii) has satisfied all of the other eligibility criteria specified in paragraph 17.02(a), other than those specified in sections (A) and (B) of subparagraph 17.02(a)(iii), shall be paid, in respect of each week of maternity allowance not received for the reason described in subparagraph (i), the difference between ninety-three per cent (93%) of her weekly rate of pay and the gross amount of her weekly disability benefit under the DI Plan, the LTD Plan or via the Government Employees Compensation Act. (b) An employee shall be paid an allowance under this clause and under clause 17.02 for a combined period of no more than the number of weeks during which she would have been eligible for maternity benefits under the Employment Insurance or Québec Parental Insurance Plan had she not been disqualified from Employment Insurance or Québec Parental Insurance maternity benefits for the reasons described in subparagraph (a)(i).

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Accumulation of Vacation Leave Credits An employee shall earn vacation leave credits for each calendar month during which the employee receives pay for at least ten (10) days at the following rate:

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

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