Objects of the Plan Sample Clauses

Objects of the Plan. 18:02:01 To protect employees of the Lakehead District School Board in the event of a serious illness, from loss of wages, by allowing them to use the accumulated unused portion of their annual sick leave allowance.
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Objects of the Plan. To protect employees of The Lakehead Board of Education in the event of a serious illness, from loss of wages, by allowing them to use the accumulated unused portion of their annual sick leave allowance. To provide employees upon permanent lay-off with a gratuity in the manner set out in Article of this agreement. To provide employees upon retirement with a gratuity calculated as follows: x XXX x x where: is the number of years of service with The Lakehead Board of Education (to a maximum of years). XXX is the annual salary at time of retirement. is the number of days remaining in the Cumulative Sick Leave Bank. The monetary figure generated by the service gratuity formula in accordance with Board Policy be converted to equivalent time off at the employee's then current salary. This time-off only be taken immediately prior to retirement. In the event of an employee dying during her period of employment with the Board, payments of a service gratuity shall be made by the Board to the personal representatives of the estate of the said employee.
Objects of the Plan a) To protect the teaching employees in the elementary schools under the jurisdiction of the Board in the event of serious illness, from loss of wages, by allowing them to use the accumulated portion of their annual sick leave allowance.

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