Supplemental Unemployment Benefit (SUB) Plan Sample Clauses

Supplemental Unemployment Benefit (SUB) Plan. All eligible Red Deer College Employees who have been employed by the College for a Continuous period of at least 12 months are covered by the plan.
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Supplemental Unemployment Benefit (SUB) Plan. A nurse who is on a pregnancy leave as provided under this Agreement who is in receipt of Employment Insurance pregnancy benefits pursuant to the Employment Insurance Act and its regulations thereto shall be paid a supplemental unemployment benefit. That benefit will be equivalent to twenty (20) percent of their weekly insurable earnings. Such payment shall commence following completion of the two week Employment Insurance waiting period, and receipt by the Region of the nurse’s Employment Insurance cheque stub as proof that she is in receipt of Employment Insurance pregnancy benefits, and shall continue while the nurse is in receipt of such benefits for a maximum period of fifteen (15) weeks. The nurse does not have any vested right except to receive payments for the covered leave period.
Supplemental Unemployment Benefit (SUB) Plan. An employee who is on Pregnancy Leave as provided under this Agreement who is in receipt of Employment Insurance Pregnancy benefits pursuant to Section 18 of the Employment Insurance Act, shall be paid a Supplemental Unemployment Benefit. That benefit will be the equivalent to the difference between eighty percent (80%) of her weekly earnings and the sum of her weekly Employment Insurance Benefits and any other earnings. Such payment shall commence following completion of the two (2) week Employment Insurance waiting period, and receipt by the Hospital of the employee's Employment Insurance cheque stub as proof that she is in receipt of Employment Insurance pregnancy benefits, and shall continue while the employee is in receipt of such benefits for a maximum period of fifteen (15) weeks. The employees' regular weekly earnings shall be determined by multiplying her regular hourly rate on her last day worked prior to the commencement of the leave times her normally weekly hours. The employee does not have any vested right except to receive payments for the covered unemployment period. The plan provides that payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance pay benefits are not reduced or increased by payments rec eived under the plan. For regular part-time employees, their regular weekly earnings shall be calculated using the last twenty (20) weeks of insurable employment prior to the commencement of such leave.
Supplemental Unemployment Benefit (SUB) Plan. 14.1 During the term of the Collective Agreement, employees who are laid off work shall receive a Supplemental Unemployment Benefit allowance from the Company, which altogether with Employment Insurance benefits shall equal seventy-five percent (75%) of the employee’s normal weekly earnings, less overtime and other premium payments. The terms governing payment of the SUB shall conform to the requirements of the Canada Employment Insurance Commission (C.E.I.C.) and shall include the following provisions: a) An employee must have completed a minimum of five-hundred and twenty (520) working days of service with the Company at date of layoff in order to qualify for SUB benefits. Eligibility is as follows: Less than 520 0 weeks 520-779 13 weeks 780-1039 20 weeks 1040 or more 26 weeks b) SUB benefits will be payable only to those employees on layoff who are eligible for and where applicable, have received Employment Insurance benefits in each week of layoff. A week of layoff shall mean a period of seven (7) consecutive days commencing on and including Sunday. c) An employee must apply to the Company and provide the necessary proof of eligibility for SUB in a manner acceptable to the Company. d) An employee shall not be entitled to SUB after: i) He/she has refused a call back to work in accordance with the provisions of the Collective Agreement; or ii) He/she is receiving sickness and accident indemnity payments under the Company plan, Workers’ Compensation or severance pay in any week of layoff. e) The benefit level paid under this plan is set at seventy-five percent (75%) of the employee’s normal weekly salary. lt is understood that in any one week the total amount of SUB, Employment insurance gross benefits and any other earnings received by the employees will not exceed ninety-five percent (95%) of the employee’s normal weekly earnings. f) No employee shall be paid SUB for more than twenty-six (26) weeks. g) The payment of benefits to employees on layoff will be made on the next regular payroll, following proof of EI payment. b y the Company on a “pay-as-you-go” basis separate from the regular payroll. h) Employees who are laid off shall have the right to defer receipt of vacation pay until a time subsequent to recall to work. This does not imply they have right to take vacation time after they return to work. i) Service Canada will be advised in writing of any change to the plan within thirty (30) days of the effective date of the change. Payments of guarant...
Supplemental Unemployment Benefit (SUB) Plan. An employee who is on Pregnancy Leave as provided under this Agreement who Is in of Employment Insurance Pregnancy benefits pursuant to Section of the Employment Insurance Act, shall be paid a Supplemental Unemployment Benefit, That will be the equivalent to the difference between percent (80%) of her weekly earnings and the sum of her weekly Employment Insurance Benefits and any other earnings, Such payment shall commence following completion of the two (2) week Employment Insurance waiting period, and receipt by the Hospital of the employee's Employment Insurance cheque as proof that she is in receipt of Employment Insurance pregnancy benefits, and shall continue while the employee is in receipt of such benefits for a maximum period of fifteen (15) weeks, The employees' regular weekly earnings be determined by multiplying her regular hourly rate on her last day worked prior to the commencement of the leave times her normally weekly hours, The employee does not have any vested right except to receive payments for the covered unemployment period, The plan provides that payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance pay benefits are not reduced or increased by payments received under the plan, For regular part time employees, their regular weekly earnings shall be calculated using the last twenty (20) weeks of insurable employment prior to the commencement of such leave. Subject to this Collective Agreement an employee may receive pregnancy leave benefits in addition to those found in clause Seniority (as defined by Collective Agreement) shall accrue during the period of pregnancy leave, Continuous service for all purposes shall be maintained as at the date of commencementof pregnancy leave. Upon return to work after pregnancy leave, the employee shall be reinstated to her former position unless the position has been discontinued in which case she shall be subject to the lay-off provisions of In such cases, the layoff shall be deemed to take place on the first day after the termination of pregnancy leave,
Supplemental Unemployment Benefit (SUB) Plan. An employee who is on a pregnancy leave as provided under this Agreement who is in receipt of Employment Insurance pregnancy benefits pursuant to the Employment Insurance Act and its regulations thereto shall be paid a supplemental unemployment benefit. That benefit will be equivalent to twenty (20) percent of their weekly insurable earnings to a maximum of $180.00 per week. Such payment shall commence following completion of the two week Employment Insurance waiting period, and receipt by the CCAC of the employee’s Employment Insurance cheque stub as proof that she is in receipt of Employment Insurance pregnancy benefits, and shall continue while the employee is in receipt of such benefits for a maximum period of fifteen (15) weeks. The employee does not have any vested right except to receive payments for the covered leave period.
Supplemental Unemployment Benefit (SUB) Plan. An employee who is on parental leave for the purposes of adoption as provided under this Agreement who is in receipt of Employment Insurance parental benefits pursuant to the Employment Insurance Act and its regulations thereto shall be paid a supplemental unemployment benefit. That benefit will be equivalent to the difference between seventy-five percent (75%) of his/her normal weekly earnings and the sum of his/her weekly employment insurance benefits and any other earnings. Such payment shall commence following receipt by the Employer of the employee’s Employment Insurance cheque stub as proof that he/she is in receipt of Employment Insurance parental benefits, and shall continue while the employee is in receipt of such benefits for a maximum period of ten (10) weeks. The employee’s normal weekly earnings shall be determined by multiplying his/her regular hourly rate on his/her last day worked prior to the commencement of the leave times his/her normal weekly hours plus any wage increase or salary increment that he/she would be entitled to receive if he/she were not on parental leave. The employee does not have any vested right except to receive payments for the covered unemployment period. The Plan provides that payment in respect of deferred remuneration of severance pay benefits are not reduced or increased by payments received under the Plan. To be eligible for the benefit provided in this article, the employee must sign an agreement with the Regional Corporation that he/she will return to work and remain with the Regional Corporation for a period of at least one (1) year after his/her return. Should he/she fail to return, or to remain in the employ of the Regional Corporation for one (1) year, he/she will repay the benefits provided. An employee who returns for six (6) months or less will be required to pay back the full amount of the Supplemental Unemployment Benefit received. An employee who returns for between six (6) months and one (1) year will repay a pro-rated amount of the benefit received.
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Supplemental Unemployment Benefit (SUB) Plan. An employee who is on pregnancy or parental leave as provided under this Agreement, who is in receipt of pregnancy or parental benefits under the Employment Insurance Act shall be paid a supplemental employment benefit. This benefit will be equivalent to the difference between seventy-five (75) percent of their regular weekly earnings and the sum of their weekly Employment Insurance benefits and any other earnings. Such payment shall commence following completion of the two week Employment Insurance waiting period, and receipt by the Region of the employee’s Employment Insurance cheque stub as proof that they are in receipt of Employment Insurance pregnancy or parental benefits, and shall continue while the employee is in receipt of such benefits for a maximum period of fifteen (15) weeks of either pregnancy or parental leave, but not both. The employee does not have any vested right except to receive payments for the covered leave period.

Related to Supplemental Unemployment Benefit (SUB) Plan

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Supplemental Retirement Benefit The Executive will be entitled to receive a monthly Supplemental Retirement Benefit (the "Supplemental Retirement Benefit") commencing on the first day of the month coincident with or following the later of the Executive's termination of employment or attainment of age 60 and continuing for the remainder of his life. Unless otherwise elected by the Executive, the Supplemental Retirement Benefit shall be payable in the form of a 50% joint and survivor annuity which shall be unreduced for the actuarial value of the survivor's benefit. If the Executive's spouse at the time of his death is not more than four years younger than the Executive, the survivor benefit shall be equal to 50% of the Executive's benefit and shall be payable to his spouse for the remainder of the spouse's life. If the Executive's spouse at the time of his death is more than four years younger than the Executive, the benefit payable to the spouse shall be reduced to a benefit having the same actuarial value as the benefit that would have been payable had the spouse been four years younger than the Executive. The Executive shall also have the right to elect a 100% joint and survivor annuity, on an actuarially-reduced basis or a lump-sum payment, on an actuarially-reduced basis (if the Executive makes a timely lump-sum election which avoids constructive receipt), or any other form of payment available or provided under the "Supplemental Plans" defined in this Section 8. Actuarial reductions shall be based on the actual ages of the Executive and his spouse at the time of retirement. If the Executive is not married at the time of his retirement, actuarial adjustments shall be made as if the Executive had a spouse with the same date of birth as the Executive. In the event that the Executive elects a form of payment other than the automatic 50% joint and survivor annuity or other than a lump sum payment, and remarries subsequent to retirement, the benefits payable under this Section shall be actuarially adjusted at the time of the Executive's death to reflect the age of the subsequent spouse. If the Executive elects a lump sum payment at retirement, no further benefits will be payable under this Section.

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

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