Purchase of Contributory Time Sample Clauses

Purchase of Contributory Time. Employees shall be allowed to purchase past contributory time with the following provisos:  the entire cost (including the Board’s share) of purchasing past service be borne by the employee;  the past service requested be pre-approved by the Pension Commission;  employees may request the Board to have the payment for past service deducted from their pay cheque with the understanding that all payments must be made within the fiscal year (July 1 – June 30) application is made. The Board may consider an extension to re-payment in special situations. Note: Eligibility for Medical, Group Life, Dental, Extended Health and Long-Term Disability is as per Clause 15.10 - Benefit Summary.
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Purchase of Contributory Time. Employees shall be allowed to purchase past contributory time with the following provisos: the entire cost (including the Board’s share) of purchasing past service be borne by the employee; the past service requested be by the Pension Commission; employees may request the Board to have the payment for past service deducted from their pay cheque with the understanding that all payments must be made within the fiscal year (July June 30) application is made. The Board may consider an extension to re-payment in special situations. Note: Eligibility for Medical, Group Life, Dental, Extended Health and Long-Term Disability is as per Clause Benefit Summary. Regular employees who have completed one (1) calendar months service within the previous twelve (12) calendar months may participate in the mutually approved Medical Plan. The Board will pay one hundred percent (100%) of the premium. Regular employees who have completed sixty-five (65) working shifts service within the previous twelve (12) calendar months shall participate in the Group Life Insurance Policy Payroll Deduction Plan. The Board will pay one hundred percent (100%) of the premium. This Group Life Insurance will provide coverage calculated at three times the annual basic earnings rounded to the next higher one thousand dollars if not already a multiple of one thousand dollars ($1,000). Maximum two hundred thousand dollars ($200,000). Collective Agreement between School District No. Lake) And Page Local January to June
Purchase of Contributory Time. Employees shall be allowed to purchase past contributory time with the following provisos: the entire cost (including the Board’s share) of purchasing past service be borne by the employee; the past service requested be pre-approved by the Pension Commission; employees may request the Board to have the payment for past service deducted from their pay cheque with the understanding that all payments must be made within the fiscal year (July 1 – June 30) application is made. The Board may consider an extension to re-payment in special situations.
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