Income Protection Sample Clauses

Income Protection. All workers will be covered by the extended Incolink Leisure Time Insurance and Income protection Scheme which provides defined weekly payments ($500 per week to workers with dependants, $400 per week to workers without dependants) for up to a maximum 104 weeks in the event of an extended work absence arising from any personal illness or injury (whether or not work related). The costs of this benefit will be shared between Incolink and the company on a 30/70 basis. Agreed premium costs will be: Incolink - $2.10 per week/worker Employer - $4.90 per week/worker It is a condition of the company’s agreement to provide this benefit that premium costs be maintained at not more than the February 1998 equivalent. In the event of premium costs escalating, the parties are agreed that the benefits table will be revised downwards so as to contain premium costs within the agreed limits. To maintain this cover the company agrees to pay the amounts every week for each employee. In the event the company does not maintain the above policy, the company will be liable in full to pay equivalent benefits to an employee who meets eligibility criteria as set out in the policy document.
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Income Protection. 1901 An employee who is absent due to illness or injury which is not eligible for compensation by either the Workers’ Compensation Board subject to 1912 a) or by Manitoba Public Insurance (MPI) as a result of a motor vehicle accident subject to 1912 b), shall be paid her regular basic salary to the extent that she has accumulated income protection credits. The Employer reserves the right to verify that a claim for income protection is not made with respect to an injury for which lost earnings are compensated by Manitoba Public Insurance. 1902 A full-time employee shall accumulate income protection credits at the rate of one and one-quarter days per month. Of each day and a quarter of income protection credits earned, one day* shall be reserved exclusively for the employee's personal use as specified in this Collective Agreement. The remaining one quarter of a day* shall be reserved for either the employee's use or for use in the event of family illness as specified in 1905. The Employer shall maintain an up to date record of the balance of income protection credits reserved for each of these purposes.  *In the employee's first year of employment, amend "one day" to read "three quarters of a day" and amend "one quarter of a day" to read "one half of a day".  Eighty (80) percent of the balance will be reserved for the employee's personal use.
Income Protection. An employee who is displaced from his/her job by virtue of technological change or new method of operation will suffer no reduction in normal earnings, unless such employee has refused, without good reason, to avail of additional training provided to equip the employee with the new or greater skills required to prevent displacement.
Income Protection. An employee whose job is changed or who is displaced from their job by virtue of technological change will suffer no reduction in basic earnings.
Income Protection. All workers will be covered by the extended Incolink Leisure Time Insurance and Income protection Scheme which provides defined weekly payments (for the current table of benefits, contact Incolink) for up to a maximum 104 weeks in the event of an extended work absence arising from any personal illness or injury (whether or not work related). At commencement of this Agreement the Company will contribute $7.00 per week per employee towards the cost of such insurance, with the contribution rising to $8.50 per employee per week from 1 March 2006, the table of benefits to be increased in consequence of the increased payment. To maintain this cover the Company agrees to pay the amounts every week for each employee. In the event the Company does not maintain the above policy, the Company will be liable in full to pay equivalent benefits to an employee who meets eligibility criteria as set out in the policy document.
Income Protection. 15:01 The provision of income protection is for the sole purpose of insuring an employee a continuing income during periods of bona fide sickness.
Income Protection. 43.1 The Employer shall pay full wages including normal penalties, loadings and allowances for all time an employee is unable to attend work due to accident, illness or injury.
Income Protection. An employee who is displaced from her job by virtue of technological change will be given the opportunity to fill any vacancies existing, in accordance with the Job Posting procedures forming part of this Agreement. An employee may not receive both severance pay and a training period for work at a new position.
Income Protection. (i) The Union President will accumulate income protection credits at the rate of one and one-quarter (1.25) days per month during the period of secondment. In the event that the Manitoba Nurses’ Union President is absent during the secondment period due to accident or illness and the income protection credits accumulated during the period of secondment are insufficient to cover full payment of sick leave, the Employer will pay the Manitoba Nurses’ Union President from income protection credits accumulated prior to the secondment period and xxxx the costs to the Manitoba Nurses’ Union, subject to paragraphs (ii) and (iii) below.
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