Supplementary Unemployment Benefit (SUB) Plan Sample Clauses

Supplementary Unemployment Benefit (SUB) Plan. Subject to the continuing approval of Revenue Canada, the Company agrees to establish a Supplemental Unemployment Benefit Plan that will provide the following: Upon ratification and for the life of this Agreement, the Company shall be liable for an amount equal to $700,000 which shall be utilized to provide a benefit of $600 per week for each of the first two weeks during which the employee is laid-off and for which he is not entitled to receive an Employment Insurance benefit and, thereafter, $120 per week for each week in which the laid-off employee receives an Employment Insurance benefit. The $120 benefit will be paid on the basis of 6 weeks per year of service (with a minimum of 26 weeks and a maximum of 51 weeks) for each employee laid off due to lack of work in excess of 1 week in duration who has no remaining annual vacation.
AutoNDA by SimpleDocs
Supplementary Unemployment Benefit (SUB) Plan. Employees with at least twelve (12) consecutive months of employment going on maternity or adoption leave may elect to participate in the plan upon the terms of the plan as approved (see Appendix "B" for terms of the plan). SUB plan benefits will be paid for up to fifteen (15) weeks for maternity leave and up to ten (10) weeks for adoption or parental leave. All normal payroll deductions except Superannuation are taken from the SUB Plan benefits.
Supplementary Unemployment Benefit (SUB) Plan. A Supplementary Unemployment Benefit (SUB) Plan for parental leave will be provided, as follows:
Supplementary Unemployment Benefit (SUB) Plan. Subject to the continuing approval of Revenue Canada, the Company agrees to establish a Supplemental Unemployment Benefit Plan that will provide the following: For the life of this Agreement, the Company shall be liable for an amount equal to which shall be utilized to provide a benefit of per week for each of the first two weeks during which the employee is laid-off and for which he is not entitled to receive an Employment Insurance benefit and, thereafter, per week for each week in which the laid-off employee receives an Employment Insurance benefit. The benefit will be paid on the basis of weeks per year of service (with a minimum of weeks and a maximum of weeks) for each employee laid off due to lack of work in excess of week in duration who has no remaining annual vacation. For the duration of this Collective Agreement, the Company intends to: Provide lifestyle fitness memberships for active employees in accordance with the Fitness Subsidy Program. Permit each employee to attend approved doctor's appointments without loss of regular pay as per the Company guidelines. Provide first aid and training courses as required by the Company. Provide paid taxi service for employees who require a taxi after working unscheduled overtime. Provide hot meals for employees who are required to work unscheduled overtime in excess of hours beyond the end of their shift. Provide fire department and training as required by the Company. Provide for painting of employee vehicles as per the terms of the Vehicle Paint Damage Program in effect at the time of the claim. Provide shower facilities for employees Provide free parking for employee vehicles. However, both parties understand and agree that it may become necessary from time to time to change or terminate such practices, in which case the Company will advise the Union. The Company agrees that it will not implement any changes to the items listed above that will adversely affect Bargaining Unit employees unless it implements the same change for non-Bargaining Unit employees. The Company will provide an office for the Unit Chairperson at a location at the site. Office furnishings will include a desk, chairs, a filing cabinet, a telephone, and a desk top personal computer. The Company will continue to provide Extended Health Care and Dental Benefits to employees who are on lay-off during the statutory notice period for the laid-off employee under the Employment Standards Act. Life Insurance will continue in effect until th...
Supplementary Unemployment Benefit (SUB) Plan. An employee who is on pregnancy leave as provided under this Agreement and has applied for and is in receipt of Employment Insurance pregnancy/parental benefits pursuant to sections 18 and 20 of the Employment Insurance Act, 1971, shall be paid a supplemental unemployment benefit. That benefit will be equivalent to the difference between seventy-five percent (75%) of their regular weekly earnings and the sum of their weekly rate of Employment Insurance benefits and any other earnings. Such payment shall commence following completion of the two (2) week Employment Insurance waiting period and receipt by the Employer of the employee’s Employment Insurance cheque stub as proof that they are in receipt of Employment Insurance pregnancy/parental benefits and shall continue while the employee is in receipt of such benefits for a maximum period of ten (10) weeks. The employee’s regular weekly earnings shall be determined by multiplying her their regular hourly rate on their last day worked prior to the commencement of the leave times their normal weekly hours. The employee does not have any vested right except to receive payment for the covered unemployment period. The plan provides that payment in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance pay benefits are not reduced or increased by payments received under the plan.
Supplementary Unemployment Benefit (SUB) Plan. The Parties have agreed to the establishment of a Supplementary Unemployment Benefit Plan (“SUB Plan”) in order to provide certain monetary benefits to members who become unemployed and otherwise qualify under the terms of the SUB Plan. Effective May 1, 2022, the Employer shall contribute an amount to be allocated from the total wage package for each employee in their employ: May 1, 2022 – $0.10 per hour earned May 1, 2023 – $0.36 per hour earned May 1, 2024 – $0.36 per hour earned The Parties agree the SUB Plan shall be established, managed, operated, and administered solely by the Trustees of the SUB Plan and that nothing herein shall be construed to make the Association, or any individual Employer bound to the Collective Agreement, an insurer or provider of SUB Plan benefits. The financial obligation of the Association and any individual Employer bound to the Collective Agreement is entirely fulfilled by making the contributions herein. The Association or any individual Employer bound to the Collective Agreement shall not be liable to any employee or the Union for SUB Plan top-up payments. The Union confirms that it has properly registered and received approval of the SUB Plan with both the Canada Revenue Agency and Service Canada. The Union will be responsible for obtaining any further approval required to renew the SUB Plan with both the Canada Revenue Agency and Service Canada. Upon request, the Union will provide the Employer with proof of registration of the SUB Plan with Service Canada and / or the Canada Revenue Agency. The Parties agree any issue concerning the SUB Plan (including but not limited to eligibility to participate in, and entitlement under, the SUB Plan) shall be subject to the specific provisions of the SUB Plan. Any dispute over payment of SUB Plan benefits shall be adjusted solely between the member and the Trustees of the SUB Plan. The Association or any individual Employer bound to the Collective Agreement shall not be requested or required to participate in any such dispute. No individual Employer bound to the Collective Agreement shall be asked, required or permitted to sign a participation agreement, without the express written consent of the Association. Any duty, obligation or requirement in the SUB Plan including but not limited to procedures for individual Employers to remit contributions to the SUB Plan and penalties for failing to do the same, shall be unenforceable against the Association and individual Employers bound...
Supplementary Unemployment Benefit (SUB) Plan. All EPL employees (Permanent, Part-time, Temporary and Student Page) who are eligible to receive Employment Insurance (EI) or the Canada Emergency Response Benefit (CERB) are eligible to apply for a Supplementary Unemployment Benefit (SUB) Plan. Combined with employees’ EI or CERB benefits, the SUB payment will provide employees with approximately 75% of their average weekly earnings (insurable), before deductions.
AutoNDA by SimpleDocs
Supplementary Unemployment Benefit (SUB) Plan. The Company agrees to apply to Revenue Canada for approval to establish a Supplemental Unemployment Benefit Plan that will provide the following: Upon ratification and for the life of this Agreement, the Company shall be liable for an amount equal to $500,000 which shall be utilized to provide a benefit of $600 per week for each of the first two weeks during which the employee is laid- off and for which he is not entitled to receive an Employment Insurance benefit and, thereafter, $120 per week for each week in which the laid-off employee receives an Employment Insurance benefit. The $120 benefit will be paid on the basis of 6 weeks per year of service (with a minimum of 26 weeks and a maximum of 51 weeks) for each employee laid off due to lack of work in excess of 1 week in duration who has no remaining annual vacation. During collective bargaining, in relation to the settlement of the Collective Agreement, the parties reached the following understandings:
Supplementary Unemployment Benefit (SUB) Plan. 17.01 The Parties have agreed to the establishment of a Supplementary Unemployment Benefit Plan (“SUB Plan”) in order to provide certain monetary benefits to members who become unemployed and otherwise qualify under the terms of the SUB Plan. The parties agree that the contributions made by the Employer shall be a combination of monies redirected from the Health Benefit Plan to the SUB Plan and a portion of the negotiated wage increase, which members wish to redirect to the SUB Plan as follows:
Supplementary Unemployment Benefit (SUB) Plan. Maternity Leave Upon request by an Employee, the University shall grant maternity leave consistent in timing and duration with the Employment Standards Act of New Brunswick. The Employee will advise the Xxxx of Faculty in writing of the expected date of delivery, and of her intention to take maternity leave including the anticipated commencement date and duration of such leave as early as possible.
Time is Money Join Law Insider Premium to draft better contracts faster.