Extended Parental Allowance Sample Clauses

Extended Parental Allowance l. Parental Allowance payments made in accordance with the SUB Plan will consist of the following:

Extended Parental Allowance. For each week the employee is in receipt of extended parental benefits under Employment Insurance the employee will have their total SUB plan allowance amount prorated over a period of up to sixty-one (61) weeks instead of thirty-five (35) weeks.

Extended Parental Allowance l) Parental Allowance payments made in accordance with the SUB Plan will consist of the following: **(i) where an employee on parental leave without pay as described in 19.06(a)(ii) or (b)(ii), has elected to receive Extended Employment Insurance parental benefits and is subject to a waiting period before receiving Employment Insurance parental benefits, fifty-five decimal eight per cent (55.8%) of his or her weekly rate of pay for the waiting period, less any other monies earned during this period; **(ii) for each week the employee receives parental benefits under the Employment Insurance Act, he or she is eligible to receive the difference between fifty-five decimal eight per cent (55.8%) of his or her weekly rate and the parental benefit, less any other monies earned during this period which may result in a decrease in his or her parental benefits to which he or she would have been eligible if no extra monies had been earned during this period;