Percentage in Lieu. (a) In lieu of the benefits set out in Article 17 and 18, part-time and casual nurses shall receive eight percent (8%) of their regular straight time hourly rate. Such amount shall not be included in the base used for the purposes of calculating any premiums nor shall it be paid on any overtime or premium hours worked. (b) It is understood and agreed that holiday pay is included within the percentage in lieu. (c) Part-time and Casual Nurses who participate in the pension plan shall have the percentage in lieu reduced by two percent (2%). In addition, part-time and casual Nurses who are eligible to participate in the insured benefit plans shall have their percentage in lieu reduced by two percent (2%).
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Percentage in Lieu. (a) In lieu of the benefits set out in Article 17 and 18, part-time and casual nurses shall receive eight percent (8%) of their regular straight time hourly rate. Such amount shall not be included in the base used for the purposes of calculating any premiums nor shall it be paid on any overtime or premium hours worked.
(b) It is understood and agreed that holiday pay is included within the percentage in lieu.
(c) Part-time and Casual Nurses who participate in the pension plan shall have the percentage in lieu as per Article 23.08 reduced by two three percent (23%). In addition, part-time and casual Nurses who are eligible to participate in the insured benefit plans shall have their percentage in lieu reduced by two and a half percent (22.5%).
Appears in 1 contract
Samples: Collective Agreement
