Common use of Sick Benefit Bank Clause in Contracts

Sick Benefit Bank. 23.09 A Sick Benefit Bank is established to assist in absences due to extended illness or disability. 23.10 A Sick Benefit Bank Committee will be appointed by the Union to establish the validity of claims and to make recommendations to the University regarding disbursements from the Sick Benefit Bank. 23.11 On January 1 of the first and second full calendar years of employment, each employee will contribute a number of non-returnable sick leave days equal to 1/4 day for each month of employment in that year. In each succeeding year a further number of non-returnable sick leave days up to a maximum of 3 will be contributed in order to achieve and/or maintain the Bank at a level of 500 working days. 23.12 Payments from the Sick Benefit Bank will be made by the University upon receipt of written recommendation from the Sick Benefit Bank Committee that benefits be granted within the limits of the following allotment schedule. Benefits for employees working a regular schedule of less than 12 months annually will be prorated.

Sick Benefit Bank. 23.09 A Sick Benefit Bank is established to assist in absences due to extended illness or disability. 23.10 A Sick Benefit Bank Committee will be appointed by the Union to establish the validity of claims and to make recommendations to the University regarding disbursements from the Sick Benefit Bank. 23.11 On January 1 of the first and second full calendar years of employment, each employee will contribute a number of non-returnable sick leave benefit days equal to 1/4 day for each month of employment in that year. In each succeeding year a further number of non-returnable sick leave days up to a maximum of 3 will be contributed in order to achieve and/or maintain the Bank at a level of 500 working days. 23.12 Payments from the Sick Benefit Bank will be made by the University upon receipt of written recommendation from the Sick Benefit Bank Committee that benefits be granted within the limits of the following allotment schedule. Benefits for employees working a regular schedule of less than 12 months annually will be prorated.