The number of employees that may be absent at any one time shall be determined between the local
parties. The year for purposes of the program shall be September 1 of one year to August 31 the
following year or such other twelve (12) month period as may be agreed upon by the employee, the
local Union and the Hospital.
Where there are more applications than spaces allotted, seniority shall govern.
During the four (4) years of salary deferral, 20% of the employee's gross annual earnings will be
deducted and held for the employee and will not be accessible to the employee until the year of the
leave or upon withdrawal from the plan.
The manner in which the deferred salary is held shall be at the discretion of the Employer.
All deferred salary, plus accrued interest, if any, shall be paid to the employee at the commencement
of the leave or in accordance with such other payment schedule as may be agreed upon between the
Employer and the employee.
All benefits shall be kept whole during the four (4) years of salary deferral. During the year of the
leave, seniority will accumulate. Service for the purpose of vacation and salary progression and
other benefits will be retained but will not accumulate during the period of leave. The employee
shall become responsible for the full payment of premiums for any health and welfare benefits in
which the employee is participating. Contributions to the Hospitals of Ontario Pension Plan will be
in accordance with the Plan. The employee will not be eligible to participate in the disability income
plan during the year of the leave.
An employee may withdraw from the plan at any time during the deferral portion provided three (3)
months notice is given to the Employer. Deferred salary, plus accrued interest, if any, will be
returned to the employee within a reasonable period of time.
If the employee terminates employment, the deferred salary held by the Employer plus accrued
interest, if any, will be returned to the employee within a reasonable period of time. In case of the
employee's death, the funds will be paid to the employee's estate.
The Employer will endeavour to find a temporary replacement for the employee as far in advance
as practicable. If the Employer is unable to find a suitable replacement, it may postpone the leave.
The Employer will give the employee as much notice as is reasonably possible. The employee will
have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or
of withdrawing from the Plan and having the deferred salary, plus accrued interest, if any, paid out
to the employee within a reasonable period of time.
The employee will be reinstated to his or her former position unless the position has been
discontinued, in which case the employee shall be given a comparable job.
Final approval for entry into the pre-paid leave program will be subject to the employee entering
into a formal agreement with the Employer in order to authorize the Employer to make the
appropriate deductions from the employee's pay. Such agreement will include:
A statement that the employee is entering the pre-paid leave program in accordance with
this Article of the collective agreement.
The period of salary deferral and the period for which the leave is requested.
The manner in which the deferred salary is to be held.