Supplementary Unemployment Benefit (S Sample Clauses

Supplementary Unemployment Benefit (S. U.B.) Pregnancy Leave benefits supplement payments made by Employment Insurance (EI) and this program are registered under the EI Act. Benefits are determined and payable based on your income and long term appointment status at McMaster in a manner similar to that used by EI. Members will be entitled to Pregnancy Leave Benefits S.U.B. for up to seventeen (17) weeks at 90% of the salary less the amount of Employment Insurance Benefits received. All benefits paid from the S.U.B. Fund must be in accordance with the agreement filed by the Employer with Human Resources Development Canada. As part of these requirements, all such payments by the Employer can only commence when the member provides proof that she is receiving EI benefits or she is disqualified from EI benefits because of an insufficient number of insurable weeks or that EI benefits have been exhausted or she is in the EI waiting period. Employees should understand that such proof will not be made available until after the leave has commenced and hence Employer payments will be retroactive. All SUB Plan amendments are subject to the approval of Human Resources Development Canada.
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Supplementary Unemployment Benefit (S. U.B.) Pregnancy Leave benefits are payable to those Employees on Pregnancy Leave who have at least 1 year of seniority prior to the estimated date of delivery. Employees who are already in a period of notice due to their resignation or the University's decision to discontinue their employment are not eligible to receive Pregnancy Leave benefits. The SUB is applicable to biological/birth mothers for up to 17 weeks. The benefits are calculated as follows:  for the first 2 weeks of leave, the University will pay 90% of the regular straight time earnings on wages up to $34,500 per year. If wages are over $34,500 per year, the payment is based on 85% of the regular straight time earnings.  for up to a maximum of the next 15 weeks of pregnancy leave the Employee will receive a payment equal to the difference between 90% of the Employee’s regular straight time earnings on wages up to $34,500 per year (if wages are over $34,500, the payment is based on 85%) and the amount of maternity Employment Insurance (E.I.) benefits the Employee is receiving (or that she would be expected to receive if she qualified for EI benefits). All benefits paid from the SUB Plan must be in accordance with the agreement filed by the University with Human Resources and Skills Development Canada. As part of the requirements, all such payments by the University can only commence when the Employee provides proof that she is receiving E.I. pregnancy benefits or that she is disqualified from receiving E.I. maternity benefits because of an insufficient number of insurable weeks, or that E.I. benefits have been exhausted or that she is in the E.I. waiting period. Employees should understand that such proof will not be made until after the leave has commenced and hence the University S.U.B. payments will be retroactive. All SUB Plan amendments are subject to the approval of Human Resources and Skills Development Canada.
Supplementary Unemployment Benefit (S. U.B.) Employees will be entitled to Supplementary Unemployment Benefit for up to 8 weeks at 90% of their regular salary less the amount of Employment Insurance Benefits received. All benefits paid from the S.U.B. Fund can only commence when the Employee provides proof that the Employee is receiving Compassionate Care EI benefits. Employees should understand that such proof will not be made available until after the leave has commenced and hence any Employer payments will be retroactive.
Supplementary Unemployment Benefit (S. U.B.) Pregnancy Leave benefits supplement payments made by Employment Insurance (EI) and this program are registered under the EI Act. Benefits are determined and payable based on your income and long term appointment status in a manner similar to that used by EI. In order to be eligible for S.U.B. benefits an employee must be employed by the employer for at least one (1) year and be eligible for and receive E.I. benefits. Members will be entitled to Pregnancy Leave Benefits S.U.B. for up to nineteen (19) weeks at 90% of the salary less the amount of Employment Insurance Benefits received. All benefits paid from the S.U.B. Fund must be in accordance with the agreement filed by the Employer with Human Resources Development Canada. As part of these requirements, all such payments by the Employer can only commence when the member provides proof that they are receiving EI benefits or they are disqualified from EI benefits because of an insufficient number of insurable weeks or that EI benefits have been exhausted or they arein the EI waiting period. Employees should understand that such proof will not be made available until after the leave has commenced and hence Employer payments will be retroactive. All SUB Plan amendments are subject to the approval of Human Resources Development Canada.
Supplementary Unemployment Benefit (S. U.B.) - Available Solely to Full-time Employees
Supplementary Unemployment Benefit (S. U.B.) An employee will be entitled to a Supplementary Unemployment Benefit during a Family Medical Leave for up to 8 weeks at 90% of their regular salary less the amount of Employment Insurance Benefits received. All benefits paid from the S.U.B. Fund can only commence when the employee provides proof that she is receiving Compassionate Care EI benefits. Employees should understand that such proof will not be made available until after the leave has commenced and hence any Employer payments will be retroactive.

Related to Supplementary Unemployment Benefit (S

  • Unemployment Benefits The Company will not oppose the Executive’s claim for unemployment insurance benefits.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Supplemental Retirement Benefit In addition to the foregoing, Executive shall be eligible to participate in the Supplemental Executive Retirement Plan maintained by Cleco Utility Group Inc. or such other supplemental retirement benefit plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (the "Supplemental Plan").

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree.

  • Supplemental Benefits The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

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