Common use of Short Term Sickness and Accident Leave Clause in Contracts

Short Term Sickness and Accident Leave. (a) Short Term Sickness and Accident Leave shall mean loss of time from work caused by sickness, accident or disability for the first two (2) weeks of each sick leave absence [a week shall mean or hours, i.e. the regular weekly hours]. The rate of benefits for leave shall be of "after-tax" salary. Such rate of benefits for leave may be adjusted by the Directors of the Society after January to achieve regular take-home pay "no gain, no loss"] for members of the Society. Applicable benefit contributions will continue, and Pension contributions will be based on the regular wage or salary rate of the member. The rate of benefit, premium, penalties, and incentive for Short Term Sick Leave shall be based on one accounting system for the members of the Society who are covered by the Inside, Outside, Xxxxxxx and Library Employees' Union Agreements [hereinafter referred to as the "Local members"] considered as one group separate and apart from all other members of the Benefit Society. Each member shall pay a premium that will make the fund self- supporting. The level of contributions shall be adjusted by the Directors of the Society upwards or downwards as required. A refund of premiums shall be made to eligible employees by the Directors of the Society. The amount of the refund shall be the difference between the Short Term Sick Leave premium paid and the Short Term Sick Leave benefit received by each member during a calendar year, based on the availability of funds, as determined by the Directors of the Society.

Appears in 1 contract

Samples: Collective Agreement

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Short Term Sickness and Accident Leave. (a) Short Term Sickness and Accident Leave shall mean loss of time from work caused by sickness, accident or disability for the first two (2) weeks of each sick leave absence [a week shall mean or hours, i.e. the regular weekly hours]. The rate of benefits for leave shall be of "after-tax" salary. Such rate of benefits for leave may be adjusted by the Directors of the Society after January to achieve regular take-home pay [i.e. "no gain, no loss"] for members of the Society. Applicable benefit contributions will continue, and Pension Superannuation contributions will be based on the regular wage or salary rate of the member. The rate of benefit, premium, penalties, and incentive for Short Term Sick Leave shall be based on one accounting system for the members of the Society who are covered by the Inside, Outside, Xxxxxxx and Library Employees' Union Agreements Agre- ements [hereinafter referred to as the "Local members"] considered as one group separate and apart from all other members of the Benefit Society. Each member shall pay a premium of of regular gross salary or such standard percentage amount that will make the fund self- self-supporting. The level of contributions shall be adjusted by the Directors of the Society upwards or downwards as required. A refund of premiums shall be made to eligible employees by the Directors of the Society. The amount of the refund shall be up to of the difference between the Short Term Sick Leave premium paid and the Short Term Sick Leave benefit received by each member during a calendar year, based on the availability of funds, as determined by the Directors of the Society.

Appears in 1 contract

Samples: Collective Agreement

Short Term Sickness and Accident Leave. (a) Short Term Sickness and Accident Leave shall mean loss of time from work caused by sickness, accident or disability for the first two (2) weeks of each sick leave absence [a week shall mean or hours, i.e. the regular weekly hours]. The rate of benefits for leave shall be of "after-tax" salary. salary Such rate of benefits for leave may be adjusted by the Directors of the Society after January to achieve regular take-home pay [i.e. "no gain, no loss"] for members of the Society. Applicable benefit contributions contri- butions will continue, and Pension contributions will be based on the regular wage or salary rate of the member. The rate of benefit, premium, penalties, and incentive for Short Term Sick Leave shall be based on one accounting system for the members of the Society who are covered by the Inside, Outside, Xxxxxxx and Library Employees' Union Agreements [hereinafter referred to as the "Local members"] considered as one group separate and apart from all other members of the Benefit Society. Each member shall pay a premium that will make the fund self- supporting. The level of contributions shall be adjusted by the Directors of the Society upwards or downwards as required. A refund of premiums shall be made to eligible employees by the Directors of the Society. The amount of the refund shall be the difference between the Short Term Sick Leave premium paid and the Short Term Sick Leave benefit received by each member during a calendar year, based on the availability of funds, as determined by the Directors of the Society.

Appears in 1 contract

Samples: Col Agreement

Short Term Sickness and Accident Leave. (a) Short Term Sickness and Accident Leave shall mean loss of time from work caused by sickness, accident or disability for the first two (2) weeks of each sick leave absence [(a week shall mean or hours, i.e. the regular weekly hours]. The rate of benefits for leave shall be of "after-after- tax" salary. Such rate of benefits for leave may be adjusted by the Directors of the Society after January to achieve regular take-home pay (i.e. "no gain, no loss"] ) for members of the Society. Applicable benefit contributions contri- butions will continue, and Pension Superannuation contributions will be based on the regular wage or salary rate of the member. The rate of benefit, premium, penalties, and incentive for Short Term Sick Leave shall be based on one accounting system for the members of the Society who are covered by the Inside, Outside, Xxxxxxx Library and Library Employees' Union Agreements [union Agree- ments (hereinafter referred to as the "Local members"] considered as one group separate and apart from all other members of the Benefit Society. Each member shall pay a premium that will make the fund self- supportingTerm Sick Leave premium, of regular gross salary. The level revenue in excess of contributions the annual cost of Short Term Sick Leave shall be adjusted by the Directors of the Society upwards or downwards as required. A refund of premiums shall be made refunded to eligible employees by the Directors of the Society. The amount of the premium refund shall be up to of the difference between the Short Term Sick Leave premium paid and the Short Term Sick Leave benefit received by each member during a calendar year, based on the availability of funds, as determined by the Directors of the Society.

Appears in 1 contract

Samples: negotech.labour.gc.ca

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Short Term Sickness and Accident Leave. (a) Short Term Sickness sickness and Accident Leave shall mean loss of time from work caused by sickness, accident or disability for the first two (2) weeks of each sick leave absence [a week shall mean or hours, i.e. the regular weekly hours]. hours The rate of benefits for leave shall be of "after-after- tax" salary. be Such rate of benefits for leave may be adjusted by the Directors of the Society after January to achieve regular take-home pay [i.e. "no gain, no loss"] for members of the Society. Applicable benefit contributions contri- butions will continue, and Pension Superannuation contributions will be based on the regular wage or salary rate of the member. The rate of benefit, premium, penalties, and incentive for Short Term Sick Leave shall be based on one accounting system for the members of the Society who are covered by the Inside, Outside, Xxxxxxx Foremen, Library and Library Employees' Union Agreements Agree- ments [hereinafter referred to as the "Local members"] considered as one group separate and apart from all other members of the Benefit Society. Each member The members shall pay a premium that will make the fund self- supporting. The level of contributions Short Term Sick Leave premium, which shall be adjusted by the Directors of regular gross salary. Premium revenue in excess of the Society upwards or downwards as required. A refund annual cost of premiums Short Term Sick Leave shall be made refunded to eligible employees by the Directors of the Society. The amount of the premium refund shall be up to of the difference between the Short Term Sick Leave premium paid and the Short Term Sick Leave benefit received by each member during a calendar year, based on the availability of funds, as determined by the Directors of the Society.

Appears in 1 contract

Samples: negotech.labour.gc.ca

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