Common use of Self-Funded Leave Clause in Contracts

Self-Funded Leave. 22.01 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. 22.02 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 bi-weekly or lump sum basis during the leave of absence. 22.03 During the leave the employee’s insured benefits will be continued where the employee continues to pay for their portion. 22.04 Subject to 22.05, an employee shall return to the position held immediately prior to going on leave and shall be paid at the step in the salary range that the employee had attained when the leave commenced. If the position no longer exists the employee shall, if possible, be assigned to a position at the same classification and level, in the same work location. If such a position cannot be found, the layoff and recall provisions of the Agreement shall apply to the employee upon their return from leave. 22.05 Notwithstanding 22.04, where the layoff and recall provisions have application during the period of the leave, they shall apply to the employee in the same manner as if the employee were not on leave. In such circumstances, any notice to be given to the employee may be given to an officer of the Union.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Self-Funded Leave. 22.01 21.01 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. 22.02 21.02 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 bi-weekly monthly or lump sum basis during the leave of absence. 22.03 21.03 During the leave the employee’s insured benefits will be continued where the employee continues to pay for their his/her portion. 22.04 21.04 Subject to 22.0521.05, an employee shall return to the position held immediately prior to going on leave and shall be paid at the step in the salary range that the employee he or she had attained when the leave commenced. If the position no longer exists the employee shall, if possible, be assigned to a position at the same classification and level, in the same work location. If such a position cannot be found, the layoff and recall provisions of the Agreement agreement shall apply to the employee upon their his/her return from leave. 22.05 21.05 Notwithstanding 22.0421.04, where the layoff and recall provisions have application during the period of the leave, they shall apply to the employee in the same manner as if the employee were not on leave. In such circumstances, any notice to be given to the employee may be given to an officer of the Union.

Appears in 1 contract

Samples: Collective Agreement

Self-Funded Leave. 22.01 (i) 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. 22.02 (ii) 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 bi-weekly monthly or lump sum basis during the leave of absence. 22.03 During (iii) Notwithstanding Article 25.06, during the leave the employee’s 's insured benefits will be continued where the employee continues to pay for their his/her portion. 22.04 Subject to 22.05(iv) On return from the leave, an employee shall return to the position held immediately prior to going on leave and shall be paid at the step in the salary range that the employee she/he had attained when the leave commenced. If the position no longer exists exists, the employee shallshall be assigned to another position at the same or lower classification and for which the employee is qualified. In assigning an employee to a vacancy under this article, if possibleit is understood that the provisions of Article 10 "Staff Changes" will not apply. If no suitable vacancy exists, the employee will be placed on leave of absence without pay for a period not exceeding 30 days. If not assigned to a position at by the same classification and levelend of the unpaid leave, the employee shall be laid off in accordance with the same work location. If such a position canprovisions of Article 9 "Layoffs & Recall", except that the employee will not be found, the layoff and recall provisions of the Agreement shall apply to the employee upon their return from leavegiven 17 weeks paid notice. 22.05 Notwithstanding 22.04, where the layoff and recall provisions have application during the period of the leave, they shall apply to the employee in the same manner as if the employee were not on leave. In such circumstances, any notice to be given to the employee may be given to an officer of the Union.

Appears in 1 contract

Samples: Collective Agreement

Self-Funded Leave. 22.01 21.01 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. 22.02 21.02 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 bi-weekly monthly or lump sum basis during the leave of absence. 22.03 21.03 During the leave the employee’s insured benefits will be continued where the employee continues to pay for their his or her portion. 22.04 21.04 Subject to 22.0521.05, an employee shall return to the position held immediately prior to going on leave and shall be paid at the step in the salary range that the employee he or she had attained when the leave commenced. If the position no longer exists the employee shall, if possible, be assigned to a position at the same classification and level, in the same work location. If such a position cannot be found, the layoff and recall provisions of the Agreement agreement shall apply to the employee upon their his or her return from leave. 22.05 21.05 Notwithstanding 22.0421.04, where the layoff and recall provisions have application during the period of the leave, they shall apply to the employee in the same manner as if the employee were not on leave. In such circumstances, any notice to be given to the employee may be given to an officer of the Union.

Appears in 1 contract

Samples: Collective Agreement

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Self-Funded Leave. 22.01 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. 22.02 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 bepaid out to the employee on a bi-weekly or lump sum basis during the leave of absence. 22.03 During the leave the employee’s 's insured benefits will be continued where the employee continues to pay for their portion. 22.04 Subject to 22.05, an employee shall return to the position held immediately prior to going on leave and shall be paid at the step in the salary range that the employee had attained when the leave commenced. If the position no longer exists the employee shall, if possible, be assigned to a position at the same classification and level, in the same work location. If such a position cannot be found, the layoff and recall provisions of the Agreement shall apply to the employee upon their return from leave. 22.05 Notwithstanding 22.04, where the layoff and recall provisions have application during the period of the leave, they shall apply to the employee in the same manner as if the employee were not on leave. In such circumstances, any notice to be given to the employee may be given to an officer of the Union.

Appears in 1 contract

Samples: Collective Agreement

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