Common use of INCOME PROTECTION AND PORTABLE UNUSED SICK LEAVE Clause in Contracts

INCOME PROTECTION AND PORTABLE UNUSED SICK LEAVE. The Employer will contribute the following amounts (including GST) per week to CIPQ in respect of each of its Employees for, or on account of, the premium insuring income protection for each of those Employees: Date 1/3/2023 1/3/2024 1/3/2025 1/3/2026 1/3/2027 CIPS $47.00 $51.00 $54.00 * * *To be advised in accordance with 35.2* The income protection policy provided by the Employer will provide $1600 as a weekly benefit in the event of a claim. If CIPQ decides that a higher weekly rate per Employee must be paid or provided, the Employer must pay that higher rate as and from the date CIPQ determines. Payment at the rate specified under clause 51.1 from the date determined by CIPQ will satisfy the Employer's obligations under clause 51.1. If the Employer does not contribute to CIPQ the amount required under clause 51.1 in respect of each and every Employee, the Employer will pay an additional $1,500 per week on top of what benefit the policy provides and also reimburse the Employee for costs (i.e. medical expenses, claims management and rehabilitation expenses) incurred by the Employee, for a period of three years in the event that an Employee is unable to make a claim because of the non-payment by the Employer. All accrued and unused sick leave will be notified to CIPQ upon termination for each employee, for the purposes of portable sick leave.