Applicability of Benefits. Short Term and Long Term Disability benefits shall not be available during the leave, nor shall vacation be taken during the leave, nor shall vacation credits accumulate during the leave. However, seniority shall Support Staff Collective Agreement accumulate for the entire period of leave, and service for the purpose of otherwise determining the level of vacation entitlement shall include the period of leave. Notwithstanding Article a participant may, in the year or years prior to the leave, defer sufficient vacation credit so that, in the vacation year of return to work, will have up to normal vacation entitlement. Withdrawal Rights A participant may, with the approval of the College, withdraw from the Plan in unusual or extenuating circumstances (e.g., financial hardship or serious illness). Requests for withdrawal must be submitted in writing, detailing the for withdrawal before three (3) months prior to commencement of the leave. The College shall maintain the request and its approval as a part of College records. When a request for withdrawal is approved, the College shall pay to the employee a lump sum amount equal to moneys deferred plus interest accrued to the date of withdrawal from the Plan. Payment shall be made as soon as possible, but must be made within thirty (30) days of approval of withdrawal from the Plan. Leave Postponement The College may, for good and sufficient reason, up to three (3) months prior to commencement of the leave, postponethe period of the leave for not longer than one (1) year. In this instance, a participant may choose to remain in the Plan, or receive payment as in Article above. The participant may, for good and sufficient reason, request in writing that the leave period be postponed. The College may, at its discretion, grant a postponement, but under no circumstances shall the postponement exceed one (1) year.
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Samples: Collective Agreement
