Percentage in Lieu of Benefits. The Part-time nurses shall be entitled to thirteen percent (13%) in lieu of all fringe benefits which are paid to full-time nurses except those specifically provided to part-time nurses in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits for all part-time nurses hired after April 1, 1988. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time nurses may, on a voluntary basis, enrol in Sunbeam’s Pension Plan when eligible in accordance with its terms and conditions. For part-time nurses who are members of the Pension Plan, the percentage in lieu of fringe benefits is eight percent (8%). It is further understood that the 13% or 8% add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments.
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement