Withdrawal from the Plan. (a) An employee may withdraw from the Plan any time prior to taking the leave of absence. Upon withdrawal, all the deferred salary plus accumulated interest shall be paid to the employee within sixty (60) days of notification of withdrawal from the Plan.
Withdrawal from the Plan. 1. An employee may withdraw from the Plan, at any time, prior to the commencement of the leave.
Withdrawal from the Plan. 11.11.9.1 A participant who ceases to be employed by the College must withdraw from the Plan. Also, under extenuating circumstances, a participant may withdraw from the plan upon giving at least one (1) month's notice of intent to do so. In both cases, the College shall immediately seek redemption from the investor of all monies held on behalf of the participant, and upon receipt, shall remit the full amount to the participant.
Withdrawal from the Plan. With the consent of the joint Committee, a participant may withdraw from the plan upon giving written notice of withdrawal not less than six (6) months prior to the date on which the leave of absence is to commence.
Withdrawal from the Plan. (a) A Teacher may withdraw from the Plan any time prior to April 15 of the calendar year prior to the period in which the leave is to be taken. Upon withdrawal, all the deferred salary plus accumulated interest shall be paid to the Teacher within sixty (60) days of notification of withdrawal from the Plan.
Withdrawal from the Plan. A participant may, with the approval of the Employer, withdraw from the Plan in unusual or extenuating circumstances (e.g. financial hardship or serious illness). Requests for withdrawal must be submitted in writing to the Director of Human Resources, detailing the reason(s) for withdrawal, as soon as possible prior to commencement of the leave. The Employer shall maintain the request and its approval as part of the Employer records. When a request for withdrawal is approved, the Employer shall pay to the employee a lump sum equal to monies deferred plus interest accrued to the date of withdrawal from the Plan. Payment shall be as soon as possible, but must be made within thirty (30) days of approval of withdrawal from the Plan.
Withdrawal from the Plan. 5.1 A Participant who ceases to be employed by the Federation must withdraw from the plan. Within 60 days the Federation shall pay to the Participant the Deferred Compensation Amount.
Withdrawal from the Plan. An Employee may withdraw from the Plan any time prior to March 1st of the calendar year in which the leave is to commence. Any exceptions to the aforesaid shall be at the discretion of the School Board. Repayment shall be pursuant to 21.19.
Withdrawal from the Plan. The Member may elect to withdraw from the Plan at any time by giving written notice to the Company. Within 30 calendar days from withdrawal from the Plan, the Member will receive a lump sum payment equal to the amount in the Member`s Account and any interest accrued thereon. The lump sum payment will be treated as taxable employment income in the year it is received and subject to required statutory deductions, including income tax. A Member must be on the active payroll during the Contribution Period or she/he will automatically be withdrawn from the Plan. This would occur in the event the Member becomes entitled to maternity leave, Wage Indemnity Plan (WIP) leave, workers' compensation leave and/or leaves specified under Article 10 of the Collective agreement only when such leaves exceed one block month. PAYMENT OF BENEFITS UNDER THE PLAN A Member becomes eligible for payments under the Plan upon taking a leave of absence. The following conditions must be present:
Withdrawal from the Plan. (i) A participant may withdraw from the plan in unusual or extenuating circumstances; (e.g. financial hardship or serious illness). Request for withdrawal must be submitted in writing to the executive director, detailing the reason(s), as soon as possible prior to the withdrawal from the plan.
