Salary and Benefits - Year of Leave Sample Clauses

Salary and Benefits - Year of Leave. (i) In the year of the leave the Employer shall pay to the Employee the total of the deferred salary plus any remaining untaxed accrued interest in instalments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or in one or two lump sums if requested by the Employee.
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Salary and Benefits - Year of Leave. 1) In the year of the leave the Board shall pay to the member the total of the deferred salary plus all accrued interest installments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or th two lump sums as directed by the member before June 30 of the year of the leave.
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Salary and Benefits - Year of Leave. 1) In the year of the leave the Board shall pay to the teacher the total of the deferred salary and allowances plus all accrued interest installments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or two lump sums as directed by the teacher before June 30th of the year of the leave. The final payment will include any money remaining in the individual account. In the case of lump sum payments, the necessary deductions will be made in accordance with the requirements of Canada Revenue Agency and other regulatory bodies.
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Salary and Benefits - Year of Leave. (1) In the year of the leave, the School Authority shall pay to the teacher, the total of the deferred salary plus all accrued interest in installments conforming to the regular pay periods and proportional amounts set forth in the Agreement in effect for the year of leave or in one or two lump sums, if requested by the teacher.
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Salary and Benefits - Year of Leave. (a) The year/semester of the leave must commence no later than six (6) years after the deferral commences. In the year/semester of the leave the Board shall pay to the Member the total of the deferred salary plus any remaining untaxed accrued interest. In accordance with Canada Revenue Agency Regulations, currently, the following methods of payment are available to the Member:
Sample 1Sample 2
Salary and Benefits - Year of Leave. (a) The year of the leave must commence no later than six (6) years after the deferral commences. In the year of the leave the District Board shall pay to the teacher the total of the deferred salary plus any remaining untaxed accrued interest in installments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or in one (1) or two (2) lump sums if requested by the Teacher.
Sample 1Sample 2
Salary and Benefits - Year of Leave. In the year of the leave the Employer shall pay to the Employee the total of the deferred salary plus any remaining untaxed accrued interest in instalments conforming to the regular pay periods and proportional amounts set forth in the Collective Agreement in effect for the year of leave or in one or two lump sums if requested by the Employee. The Employer shall deduct the amounts required for Income Tax, Canada Pension, and any benefits in the Collective Agreement, The amount deducted for pension will be controlled by rulings as received from and Revenue Canada. Group Life Insurance, Accidental Death and Dismemberment, Supplemental Health Plan, and Dental Plan benefits will be kept in force by the Employer during the Employee’s leave of absence; however, the total premium costs during the leave will be paid by the Employee. Sick leave credits will not accumulate during the year of the leave. While on leave, any benefits tied to salary level shall be structured according to the salary the Employee would have received in the year prior to the year of leave had the Employee not been enrolled in the Plan.
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Related to Salary and Benefits - Year of Leave

  • Salary and Benefits During the term of this Agreement:

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Vacation Leave Credits for Severance Pay Where the employee requests, the Employer shall grant the employee’s unused vacation leave credits prior to termination of employment if this will enable the employee, for purposes of severance pay, to complete the first (1st) year of continuous employment in the case of lay-off.

  • Effective Date of Wages and Benefits All non-compensatory provisions, wages and benefits shall be effective from Date of Ratification unless otherwise specified in this Collective Agreement.

  • Salary and bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • PAY, HOURS AND BENEFITS III.A. WAGES

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • PENSION AND BENEFITS 26:01 Employees are eligible to participate in the Pension Plan; Long Term Disability Plan; Group Life and Survivor Income Plan; Dental Care Plan; Extended Health Care Plan; Semi-Private Hospital Accommodation Plan; Joint Membership Plan; and Vision Care Plan, as summarized in Schedules “B” to “I” attached hereto.

  • Deferred Salary Leave Each employer ratifying this Agreement will establish or, as necessary, review and update a deferred salary leave plan consistent with Regulations issued by Canada Revenue Agency under the Income Tax Act. The parties may use the Application, Agreement, and Approval Form as a template (see Appendix H) for the deferred salary leave plan.

  • SALARY AND COMPENSATION ARTICLE 56

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