Common use of Self-Funded Leave Clause in Contracts

Self-Funded Leave. 25.2.1 An employee may apply to participate in the self funded leave plan as permitted under the Income Tax Act (Canada) in order to defer pre-tax salary dollars to fund a leave of absence. The deferral period must be at least one (1) year and not more than four (4) years. 25.2.2 The funds being deferred will be held in a trust account with the financial institution the Employer selects, with interest being paid annually. The funds will be paid out to the employee on a monthly or lump sum basis during the leave of absence. 25.2.3 Notwithstanding Article 36.2

Self-Funded Leave. 25.2.1 An employee may apply to participate in the self funded leave plan as permitted under the Income Tax Act (Canada) in order to defer pre-tax salary dollars to fund a leave of absence. The deferral period must be at least one (1) year and not more than four (4four(4) years. 25.2.2 The funds being deferred will be held in a trust account with the financial institution the Employer selects, with interest being paid annually. The funds will be paid out to the employee on a monthly or lump sum basis during the leave of absence. 25.2.3 Notwithstanding Article 36.2

Self-Funded Leave. 25.2.1 An employee may apply to participate in the self funded leave plan as permitted under the Income Tax Act (Canada) in order to defer pre-tax salary dollars to fund a leave of absence. The deferral period must be at least one (1) year and not more than four (4) years.years.‌ 25.2.2 The funds being deferred will be held in a trust account with the financial financial institution the Employer selects, with interest being paid annually. The funds will be paid out to the employee on a monthly or lump sum basis during the leave of absence. 25.2.3 Notwithstanding Article 36.236.2 (Insured Benefits Plans - General), during the leave the employee’s insured benefits will be continued where the employee continues to pay for his or her portion.

Self-Funded Leave. 25.2.1 An employee may apply to participate in the self self-funded leave plan as permitted under the Income Tax Act (Canada) in order to defer pre-tax salary dollars to fund a leave of absence. The deferral period must be at least one (1) year and not more than four (4) years. 25.2.2 The funds being deferred will be held in a trust account with the financial institution the Employer selects, with interest being paid annually. The funds will be paid out to the employee on a monthly or lump sum basis during the leave of absence. 25.2.3 Notwithstanding Article 36.2

Self-Funded Leave. 25.2.1 a. An employee may apply to participate in the self self-funded leave plan as permitted under the Income Tax Act (Canada) in order to defer pre-tax salary dollars to fund a leave of absence. The deferral period must be at least one one (1) year and not more than four (4) years. 25.2.2 b. The funds being deferred will be held in a trust account with the financial institution the Employer employer selects, with interest being paid annually. The funds will be paid out to the employee on a monthly or lump sum basis during the leave of absence. 25.2.3 c. Notwithstanding Article 36.2Article