Teacher Funded Leave Plan a) The parties agree to establish a Teacher-Funded Leave Plan through which a teacher may save money and use the savings to finance a year of leave during the final year of the chosen Plan. The plan will be operated in accordance with this Article.
Teacher Funded Leave Plan. (a) The Board agrees to make leaves of absence available to enable teachers to participate in a plan whereby n years (or half years) of earned pay will be distributed over n + 1 consecutive years (or half years). Where a half year leave is requested, such request must be for the first half or the second half of a school year. Teacher funded leaves will be in accordance with the Income Tax Act, the Regulations thereunder, any applicable Revenue Canada rulings or legislation, Teacher's Pension Act requirements and any other legislation governing deferred salary leave plans. The period of salary deferral shall not exceed six (6) years. The leave period will be taken at the end of the salary deferral period.
Teacher Funded Leave Plan. 17.01 The Board agrees to a Teacher Funded Leave Plan which shall permit the teacher to take a one year self-funded leave in year three of a THREE year agreement, in year four of a FOUR year agreement, or year five of a FIVE year agreement. During his/her years in the teacher funded leave plan, the teacher shall agree to be paid by the Board at 66.67 per cent (for a THREE year agreement) or at 75 per cent (for a FOUR year agreement) or at 80 per cent (for a FIVE year agreement) of the salary normally paid under the applicable Collective Agreement subject to the conditions outlined below. There shall be no cost to the Board except that the Board shall pay 100% of the applicable statutory deductions during the leave. Interest paid on trust fund accounts shall be 2 per cent less than prime calculated and credited on the last day of each month. The duration of the agreement and the percentages of salary paid and withheld may be changed with the approval of both parties.
Teacher Funded Leave Plan. The parties agree to maintain the Plan as outlined in Article 22 to reflect Revenue Canada Regulations as amended from time to time. The Board agrees to provide the details of the Plan (e.g. forms, salaries and deductions) to teachers on request.
Teacher Funded Leave Plan a) A Teachers' "self-funded leave plan" is established permitting a one (1) year leave of absence through deferral of salary to finance the leave. Any Teacher on permanent contract with the Board is eligible to participate in the plan (see Policy No. 3A:4 for application procedures).
Teacher Funded Leave Plan. 18.12.01
Teacher Funded Leave Plan. L7.20 An employee must have two (2) or more consecutive years of active employment with HWDSB to participate in the plan. Written applications must be received by the Manager, Staffing and Operations or designate, on or before January 31st for the next school year.
Teacher Funded Leave Plan a) A Teachers' "self-funded leave plan" is established permitting a one
Teacher Funded Leave Plan
