Common use of Salary and Benefits - Year of Leave Clause in Contracts

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.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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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 taxed 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., 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. vi) The Employee shall not be employed in any capacity by the Waterloo Region District School Board during the year of the leave.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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