Common use of Percentage in Lieu of Benefits Clause in Contracts

Percentage in Lieu of Benefits. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement for all regular and casual part-time employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13% (b) The hourly salary rates payable to a regular or casual part time employee include compensation in lieu of all fringe benefits which are paid to full- time employees except those specifically provided to part-time employees in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may on a voluntary basis, enroll in the Employer’s pension plan when eligible in accordance with its terms and conditions. For part- time employees who are members of the pension plan the percentage in lieu of fringe benefits is nine per cent (9%). It is understood and agreed that the part-time employees’ hourly rate (or straight time hourly rate) in this agreement does not include the additional 9% or 13%, as applicable, which is paid in lieu of fringe benefits and accordingly the 9% or13%, as applicable add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments. (a) The Employer will make available to all employees who retire and have not yet reached age 65 and who are in receipt of the Employer’s pension plan a separate retirees benefits package consisting of semi-private, extended health care (excluding medical emergency travel insurance) and dental benefits, as long as the retiree pays the Employer the full amount of the monthly premiums in advance. (b) Such retirees may only opt into the above package on a one-time only basis and provided the retiree applies within sixty (60) days of her retirement date.

Percentage in Lieu of Benefits. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement for all regular and casual part-time time, casual and temporary employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13% (b) The hourly salary rates payable to a regular part-time, casual or casual part time temporary employee include compensation in lieu of all fringe benefits which are paid to full- time employees except those specifically provided to partfull-time employees in this Agreementemployees. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may on a voluntary basis, enroll enrol in the Employer’s pension plan when eligible in accordance with its terms and conditions. For part- part-time employees who are members of the pension plan the percentage in lieu of fringe benefits is nine per cent (9%). . (c) It is understood and agreed that the part-time time, casual or temporary employees’ hourly rate (or straight time hourly rate) in this agreement Agreement does not include the additional nine percent (9% %) or thirteen percent (13%), as applicable, which is paid in lieu of fringe benefits and accordingly the nine percent (9% or13%) or thirteen percent (13%), as applicable add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime over time payments. (a) The Employer will make available to all employees who retire and have not yet reached age 65 sixty-five (65) and who are in receipt of the Employer’s pension plan a separate retirees benefits package consisting of semi-private, extended health care (excluding medical emergency travel insurance) and dental benefits, as long as the retiree pays the Employer the full amount of the monthly premiums in advance. (b) Such retirees may only opt into the above package on a one-time only basis and provided the retiree applies within sixty (60) days of her retirement date.

Percentage in Lieu of Benefits. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement for all regular and casual part-time employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13% (b) The hourly salary rates payable to a regular or casual part time employee include compensation in lieu of all fringe benefits which are paid to full- time employees except those specifically provided to part-time employees in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may on a voluntary basis, enroll enrol in the Employer’s pension plan when eligible in accordance with its terms and conditions. For part- time employees who are members of the pension plan the percentage in lieu of fringe benefits is nine per cent (9%). It is understood and agreed that the part-time employees’ hourly rate (or straight time hourly rate) in this agreement does not include the additional 9% or 13%, as applicable, which is paid in lieu of fringe benefits and accordingly the 9% or13%, as applicable add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime over time payments. Note: Within thirty (30) days of ratification KFL&A part time employees enrolled in benefits as of October 1st will elect to maintain the benefits in which they are currently enrolled (excluding AD&D, group life and LTD) or choose percentage in lieu of benefits as above. All other part time employees will receive the applicable percentage in lieu of benefits. (a) The Employer will make available to all employees who retire and have not yet reached age 65 and who are in receipt of the Employer’s pension plan a separate retirees benefits package consisting of semi-private, extended health care (excluding medical emergency travel insurance) and dental benefits, as long as the retiree pays the Employer the full amount of the monthly premiums in advance. (b) Such retirees may only opt into the above package on a one-time only basis and provided the retiree applies within sixty (60) days of her retirement date.