Common use of Portable Benefits Clause in Contracts

Portable Benefits. Employees who are accepted for employment in another or the same health care board covered by this Agreement within one hundred and twenty (120) calendar days of resignation shall retain portability respecting: (1) accumulated vacation leave to a maximum of one hundred and fifty (150) hours (2) accumulated sick leave credits (3) pensionable service (4) health and insurance plan (5) severance pay (6) service for step progression For an employee to transfer the above benefits and retain portability in accordance with this article, all benefits in (2) to (6) above must be transferred. Otherwise, an employee may request payment for severance pay, where applicable, and remaining benefits as outlined in (1) to (6) above will not be transferred.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Portable Benefits. Employees who are accepted for employment in another or the same health care board covered by this Agreement within one hundred and twenty (120) calendar days of resignation shall retain portability respecting: (1) accumulated vacation leave to a maximum of one hundred and fifty (150) hours (2) accumulated sick leave credits (3) pensionable service (4) health and insurance plan (5) severance pay (6) service for step progression For an employee to transfer the above benefits and retain portability in accordance with this article, all benefits in (2) to (6) above must be transferred. Otherwise, an employee may request payment for severance pay, where applicable, and remaining benefits as outlined in (1) to (6) above will not be transferred.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Portable Benefits. Employees who are accepted for employment in another or the same health care board covered by this Agreement within one hundred and twenty (120) calendar days of resignation shall retain portability respecting: (1) accumulated vacation leave to a maximum of one hundred and fifty (150) hours (2) accumulated sick leave credits (3) pensionable service (4) health and insurance plan (5) severance pay (6) service for step progression For an employee to transfer the above benefits and retain portability in accordance with this article, all benefits in (2) to (6) above must be transferred. Otherwise, an employee may request payment for severance pay, where applicable, and remaining benefits as outlined in (1) to (6) above will not be transferred.

Appears in 1 contract

Samples: Collective Agreement

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Portable Benefits. Employees who are accepted for employment in another or the same health care board covered by this Agreement within one hundred and twenty (120) calendar days of resignation shall retain portability respecting: (1) accumulated vacation leave to a maximum of one hundred and fifty (150) hours (2) accumulated sick leave credits (3) pensionable service (4) health and insurance plan (5) severance pay (6) service for step progression For an employee to transfer the above benefits and retain portability in accordance with this article, all benefits in (2) to (6) above must be transferred. Otherwise, an employee may request payment for severance payfor, where applicable, and remaining benefits as outlined in (1) to (6) above will not be transferred.

Appears in 1 contract

Samples: Collective Agreement

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