SICK LEAVE REDUCTION. Dear Xxxxxxx: The parties share a mutual interest of encouraging regular employee attendance. To this end, the parties also share a mutual interest of achieving cost savings to the extent possible. To achieve these cost savings, the parties agree that where there is an overall reduction each year in the average employee absenteeism across the three bargaining units represented by CUPE Local 218 relative to the 2007-2008 school year base line sick leave average of 10.1 days, the Board will place 50% of the costs directly associated with replacement staff for all absent employees into a Board maintained fund. This fund will be utilized to supplement, on a one-time basis, monies available under the PDT for staffing purposes in the following year. For example, savings incurred during the 2008-2009 school year would be added to the PDT funds, on a one time basis, for allocation towards staffing in the 2009-2010 school year. Sincerely, Xxxxxxx X. Xxxx, Assistant Superintendent – Human Resources and Administrative Services LETTER OF INTENT November 13, 0000 Xxxxxxx XxxXxxxx, Chairperson CUPE Local 218- Educational Assistants 00 Xxxxxxx Xxxxxx Oshawa, ON L1G 5N3 Re: OMERS Contributory Earnings Dear Xxxxxxx: The following definition of contributory earnings under the OMERS pension plan is provided for information purposes only and is non-grievable. The parties will continue to be bound by any and all amendments to the OMERS pension plan. Contributory earnings must include all regular recurring earnings as follows: ▪ Base wages or salary; ▪ Regular vacation pay if there is corresponding service; ▪ Normal vacation pay for other-than continuous full-time members. Include vacation hours in credited service; ▪ Retroactive pay (including any pay equity adjustment) that fits with OMERS definition of earnings for all members, including active, terminated, retired and disabled members; ▪ Lump sum wage or salary benefits which may vary from year to year but which form a regular part of the compensation package and are expected normally to occur each year (for example, payment based on organizational performance, some types of variable pay, merit pay, commissions): ▪ Market value adjustments (for example, percentage paid in addition to a base wage as a result of market conditions, including retention bonuses if they are part of your ongoing pay strategy and not a temporary policy); ▪ Ongoing special allowances (for example, flight allowance, canine allowance); ▪ Pay for time ...
SICK LEAVE REDUCTION. A. Upon retirement, having completed twenty years (20) or more of service in the district, any member of the TREA, as defined by Article 1, shall be reimbursed in lieu of accumulated sick leave and personal days to a maximum of one hundred and fifty (150) days. Payment per diem shall be calculated by dividing a number of contract days into the last year's salary or the salary in which the highest income was obtained whichever shall be greater by the number of contract days.
SICK LEAVE REDUCTION. A. Upon retirement, having completed twenty years (20) or more of service in the district, any member of the TREA, as defined by Article 1, shall be reimbursed in lieu of accumulated sick leave and personal days to a maximum of one hundred (100) days. Payment per diem shall be calculated by dividing a number of contract days into the last year's salary or the salary in which the highest income was obtained whichever shall be greater by the number of contract days. * ten month contract divided by two hundred (200) days gives per diem * eleven month contracts divided by two hundred and twenty (220) days gives per diem * twelve month contracts divided by two hundred and forty (240) days gives per diem The resulting per diem rate shall be multiplied by the total days accumulated to a maximum of one hundred (100) days. The amount shall be payable in equal payments in a minimum of three (3) years. In order to be eligible for such sick leave reduction incentive, employees must have been actively employed in the school district during the immediate 12 months prior to retirement. Actively employed means entitled members must have performed their assigned job description duties the 12 months immediately prior to eligibility for this incentive.
SICK LEAVE REDUCTION. A. Upon retirement, having completed ten years (10) for the 2007-08 school year and after fifteen (15) years for the remaining years 2008-09 and 2009-10. or more of service in the district, any member of the XXXX, as defined by Article 1, shall be reimbursed in lieu of accumulated sick leave the maximum amount to be paid upon retirement shall not exceed the sum of $20,000 in the first year, $22,000 second year, $24,000 third year. Payment per diem shall be calculated at the rate of one (1) days pay of the last year's salary or the salary in which the highest income was obtained whichever shall be greater by the number of contract days. * ten month contract divided by two hundred (200) days gives per diem * eleven month contracts divided by two hundred and twenty (220) days
