Top Up of WCB Benefits by Employer. Notwithstanding Article 25.1, in the event that the salary of an Employee, at the time of a claim under the Workers’ Compensation Act, exceeds the maximum annual earnings established by regulation, the Employer shall, during the period the Employee is in receipt of temporary earnings loss benefits, continue to pay the Employee an amount equal to 85% of net income on a bi-weekly basis on that portion of salary which is in excess of the maximum earnings recognized by the Workers’ Compensation Board. The calculation of net pay entitlement shall be made in the same manner as the calculation made by the Workers’ Compensation Board.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Top Up of WCB Benefits by Employer. Notwithstanding Article 25.1, in the event that the salary of an Employee, at the time of a claim under the Workers’ Compensation Act, exceeds the maximum annual earnings established by regulation, the Employer shall, during the period the Employee is in receipt of temporary earnings loss benefits, continue to pay the Employee an amount equal to 80% (85% after 38 weeks) of net income on a bi-weekly basis on that portion of salary which is in excess of the maximum earnings recognized by the Workers’ Compensation Board. The calculation of net pay entitlement shall be made in the same manner as the calculation made by the Workers’ Compensation Board.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
