Common use of Income Protection in Case of Illness Clause in Contracts

Income Protection in Case of Illness. 18.01 Employees shall accumulate income protection credits at the rate of one and one- quarter (1.25) days per month with no maximum. Part-time Employees shall accumulate income protection credits on a pro rata basis. An Employee shall accumulate income protection credits from the date of commencement of employment. Of each day and a quarter (1.25) 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 (0.25) of a day shall be reserved for either the Employee’s use or for the use in the event of family illness as specified in 18.07. The Employer shall maintain an up to date record of the balance of income protection credits reserved for each of these purposes. • Eighty (80) percent of the balance will be reserved for the employee’s personal use.

Appears in 9 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Income Protection in Case of Illness. 18.01 17.01 Employees shall accumulate income protection credits at the rate of one and one- quarter (1.25) days per month with no maximum. Part-time Employees shall accumulate income protection credits on a pro rata basis. An Employee shall accumulate income protection credits from the date of commencement of employment. Of each day and a quarter (1.25) 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 (0.25) of a day shall be reserved for either the Employee’s use or for the use in the event of family illness as specified in 18.0717.07. The Employer shall maintain an up to date record of the balance of income protection credits reserved for each of these purposes. • Eighty (80) percent of the balance will be reserved for the employee’s personal use.

Appears in 1 contract

Samples: Agreement

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