Wage Loss Replacement Plan. i) The employees acknowledge the Board's Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in employment insurance premiums. ii) The employees agree that the net savings arising from the reduction in premiums will be used to share equally in the funding of an Employee Assistance Programme and the unused balance of funds will be distributed, as approved by a joint committee to charities, education and other worthy causes. iii) The parties agree to update this clause to reflect current practices consistent with updating of agreements with other employee groups.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Bargaining Agreement
