Postponing the Deferred Salary Leave Year Sample Clauses

Postponing the Deferred Salary Leave Year. Participants may apply to postpone taking the Deferred Salary Leave Year prior to the commencement of the Leave Year. Participants should make this application at least four weeks prior to the commencement of the Leave Year. Where this decision is known earlier than four weeks prior to the commencement of the Leave Year, this should be conveyed to the Branch in a timely manner. The Branch will reserve the right to approve or not approve the request in terms of organisational requirements and the individual participant’s circumstances. A decision on the request to postpone the Deferred Salary Leave Year will be made in consultation with the participant. If a participant cannot proceed to take the Deferred Salary Leave Year, the deferred salary will not be released until such time as the participant commences the leave. Where a participant postpones their Deferred Salary Leave Year, payment during the fifth year, which would have been the year normally taken as leave, will be at the participant’s normal (100%) salary. No deductions equivalent to the 20% of net salary will be set aside. In exceptional circumstances the Branch may need to postpone the participant’s Deferred Salary Leave Year. In the small number of cases where postponement may be necessary, the decision will be made in consultation with the participant. Where a participant’s Deferred Salary Leave Year is postponed a new Deferred Salary Leave Year will be negotiated with the participant. An Employee must, before proceeding on Deferred Salary Leave, return to the Branch all Branch equipment including the Branch vehicle, computer equipment and mobile phone.
Sample 1
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Related to Postponing the Deferred Salary Leave Year

  • Deferred Salary Leave Each employer ratifying this Agreement will establish or, as necessary, review and update a deferred salary leave plan consistent with Regulations issued by Canada Revenue Agency under the Income Tax Act. The parties may use the Application, Agreement, and Approval Form as a template (see Appendix H) for the deferred salary leave plan.

  • Deferred Salary Leave Plan 1. The Board shall administer a Deferred Salary Leave Plan as determined by a separate agreement.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Accrual Rate of Sick Leave With Pay Credits Full-time employees shall accrue eight (8) hours of sick leave with pay credits for each full month worked. Employees who work less than the full month but at least thirty-two (32) hours during the month shall accrue sick leave with pay on a pro rata basis for the month.

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

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