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.
(ii) The Employer shall deduct the amounts required for Income Tax, Canada Pension, Superannuation/O.M.E.R.S., and any benefits in the Collective Agreement. The amount deducted for pension will be controlled by rulings as received from O.M.E.R.S. and Revenue Canada.
(iii) 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.
(iv) Sick leave credits will not accumulate during the year of the leave.
(v) 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.
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 two lump sums as directed by the member before June 30 of the year of the leave.
2) 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.
3) The Board shall deduct the amounts required for Income Tax, Unemployment Insurance, Canada Pension, APSSP dues, and other statutory deductions and any benefits in the Collective Agreement.
4) Following the leave, it will be the member's responsibility to pay the full costs (employee and employer amounts) on any eligible service buy-back amount to the OMERS Pension Plan in accordance with the Regulation of that Fund for the period of leave.
5) Workplace Safety Insurance premiums and benefits will not apply during the year of the leave.
6) Group Life Insurance, Dismemberment Insurance, Extended Health Care Plan and Dental Plan benefits will be available during the member's leave of absence. One hundred percent (100%) of the total premium cost during the leave will be paid by the member.
7) The member shall not be entitled to the accumulation or utilization of sick leave credits during the year of absence. On return from leave, however, the member shall be entitled to any unused sick leave credits accumulated prior to taking such a leave.
8) Seniority shall be credited at the end of the leave as if the member were employed in the former position during the year of leave.
9) For employees participating in this program it is understood that there will be no eligible service credit accumulation for the period of the leave as it relates to advancement on the salary grid.
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 Revenue Canada and other regulatory bodies.
2. The Board shall deduct the amounts required for Income Tax, Unemployment Insurance, Canada Pension, Ontario College Teachers Dues and other statutory deductions and any benefits in the collective agreement.
3. Following the leave, it will be the teacher's responsibility to remit the appropriate amount to the Ontario Teachers' Pension Plan in accordance with the Regulation of that Fund if the teacher wishes to improve the Pension for the period of leave.
Salary and Benefits - Year of Leave. (a) In the year of the leave the Board shall pay to the Member 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 (1) or two
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.
(b) The District Board shall deduct the amounts required for Income Tax, Canada Pension, Teachers’ Pension Plan, and any benefits in the Collective Agreement. The amount deducted for the Teachers’ Pension Plan will be controlled by rulings as received from the Teachers’ Pension Plan Board and Canada Customs and Revenue Agency.
(c) Group Life Insurance, Accidental Death and Dismemberment, Supplemental Health Plan, and Dental Plan benefits will be kept in force by the District Board during the Teacher’s leave of absence; however the total premium costs during the leave will be paid by the Teacher.
(d) Sick leave credits will not accumulate during the year of the leave.
(e) While on leave any benefits tied to salary level shall be structured according to the salary the Teacher would have received in the year prior to the year of leave had the Teacher not been enrolled in the Plan.
(f) The Teacher shall not be employed in any capacity by the Waterloo Region District School Board during the year of the deferred leave.
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.
(2) The School Authority shall deduct the amounts required for Income Tax, Employment Insurance, Canada Pension, Superannuation and any benefits in the Agreement. The amount deducted for Superannuation will be controlled by rulings as received from the Ontario Pension School Authority and Revenue Canada. The amount calculated will be held at interest in the trust account to be paid to the teacher on return from leave. The teacher will remit the appropriate amount to the Teachers' Superannuation Fund in accordance with the regulations of that fund if the teacher wishes to improve their Superannuation for the period of leave.
(3) Group Life Insurance, Accidental Death and Dismemberment, Supplemental Health Plan and Dental Plan benefits, will be kept in force by the School Authority during the teacher's leave of absence, however the total premium costs during the leave will be paid by the teacher.
(4) Sick leave credits will not accumulate during the year of the leave.
(5) While on leave, any benefits tied to salary level shall be structured according to the salary the teacher would have received in the year prior to the year of leave had the teacher not been enrolled in the Plan.
Salary and Benefits - Year of Leave. (a) In the year of the leave the Board shall pay to the DECE 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 DECE.
(b) The Board shall deduct the amounts required for Income Tax, Canada Pension, T.P.P., OMERS and any benefits in the Collective Agreement. The amount deducted for Pension will be controlled by rulings as received from T.P.P., OMERS and Revenue Canada.
(c) Group Life Insurance, Accidental Death and Dismemberment, Supplemental Health Plan, and Dental Plan benefits will be kept in force by the employer during the DECE’s leave of absence; however the total premium costs during the leave will be paid by the DECE.
(d) Sick leave credits will not accumulate during the year of the leave.
(e) While on leave any benefits tied to salary level shall be structured according to the salary the DECE would have received in the year prior to the year of leave had the DECE not been enrolled in the Plan.
(f) The DECE shall not be employed in any capacity by the Board during the year of the deferred leave.
Salary and Benefits - Year of Leave. (a) In the year of the leave the Board shall pay to the employee 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 Collective Agreement in effect for the year of leave or in one or two lump sums if requested by the employee.
(b) The Board shall deduct the amounts required for Income Tax, Unemployment Insurance, Canada Pension, Superannuation, and any benefits in the Collective Agreement. The amount deducted for pension will be controlled by rulings as received from O.M.E.R.S. and Revenue Canada. The amount calculated will be held at interest in the trust account to be paid to the employee on return from leave. The employee will remit the appropriate amount to O.M.E.R.S. in accordance with the regulations.
(c) Group Life Insurance, Accidental Death and Dismemberment, Supplemental Health Plan, and Dental Plan benefits will be kept in force by the Board during the employee’s leave of absence; however, the total premium costs during the leave will be paid by the employee.
(d) Xxxx leave credits will not accumulate during the year of the leave.
(e) While on leave, any benefits tied to salary level xxxx 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.
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.
2. 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 Revenue Canada and other regulatory bodies.
3. The Board shall deduct the amounts required for Income Tax, Unemployment Insurance, Canada Pension and other statutory deductions and any benefits in the collective agreement.
4. Following the leave, it will be the teacher's responsibility to remit the appropriate amount to the Ontario Teachers' Pension Plan in accordance with the Regulation of that Fund if the teacher wishes to improve the Pension for the period of leave.
Salary and Benefits - Year of Leave. In the year of the leave the Board shall pay to the teacher the of the deferred salary and allowances plus all accrued interest installments conforming the pay periods and proportional amounts set forth In the Collective Agreement effect for the year of leave or two lump sums as directed by the teacher before June of the year of the leave. The final payment will include any money in the individualaccount. In the case of lump sum payments, the necessary deductions will be made accordancewith the requirements of RevenueCanada and other regulatory bodies.
