Salary and Benefits - Year of Leave. (i) In the year of the leave the Employer shall pay to the Employee the total of the deferred salary plus any remaining untaxed accrued interest in instalments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or in one or two lump sums if requested by the Employee.
Salary and Benefits - Year of Leave. 1) In the year of the leave the Board shall pay to the member the total of the deferred salary plus all accrued interest installments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or th two lump sums as directed by the member before June 30 of the year of the leave.
Salary and Benefits - Year of Leave. 1) In the year of the leave the Board shall pay to the teacher the total of the deferred salary and allowances plus all accrued interest installments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or two lump sums as directed by the teacher before June 30th of the year of the leave. The final payment will include any money remaining in the individual account. In the case of lump sum payments, the necessary deductions will be made in accordance with the requirements of Canada Revenue Agency and other regulatory bodies.
Salary and Benefits - Year of Leave. (1) In the year of the leave, the School Authority shall pay to the teacher, the total of the deferred salary plus all accrued interest in installments conforming to the regular pay periods and proportional amounts set forth in the Agreement in effect for the year of leave or in one or two lump sums, if requested by the teacher.
Salary and Benefits - Year of Leave. (a) The year/semester of the leave must commence no later than six (6) years after the deferral commences. In the year/semester of the leave the Board shall pay to the Member the total of the deferred salary plus any remaining untaxed accrued interest. In accordance with Canada Revenue Agency Regulations, currently, the following methods of payment are available to the Member:
Salary and Benefits - Year of Leave. (a) The year of the leave must commence no later than six (6) years after the deferral commences. In the year of the leave the District Board shall pay to the teacher the total of the deferred salary plus any remaining untaxed accrued interest in installments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or in one (1) or two (2) lump sums if requested by the Teacher.
Salary and Benefits - Year of Leave. In the year of the leave the Employer shall pay to the Employee the total of the deferred salary plus any remaining untaxed accrued interest in instalments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or in one or two lump sums if requested by the Employee. The Employer shall deduct the amounts required for Income Tax, Canada Pension, and any benefits in the Collective Agreement, The amount deducted for pension will be controlled by rulings as received from and Revenue Canada. Group Life Insurance, Accidental Death and Dismemberment, Supplemental Health Plan, and Dental Plan benefits will be kept in force by the Employer during the Employee’s leave of absence; however, the total premium costs during the leave will be paid by the Employee. Xxxx leave credits will not accumulate during the year of the leave. While on leave, any benefits tied to salary level shall be structured according to the salary the Employee would have received in the year prior to the year of leave had the Employee not been enrolled in the Plan.
