Self Funded Leave Plan for Managers

Self Funded Leave Plan for Managers

<p> DEFERRED SALARY LEAVE AGREEMENT - ONE YEAR</p><p>Employee’s Name:</p><p>Employee No.: Position Title:</p><p>Department/Board/Agency: Division:</p><p>I have read the terms and conditions of the deferred salary leave plan (Human Resource Manual section 815). I agree, understand and apply to participate on the following basis: </p><p>1. My requested enrolment date in the deferred salary leave plan is: ______.</p><p>2. I request deferred salary leave for a one-year period (dates should be confirmed within three months of proceeding on leave): Start Date: End Date: __ .</p><p>3. In accordance with HRM 815, 20% of my salary will be deferred for each of four years and used to fund the leave granted under #2 (above).</p><p>4. I cannot accept any other employment with the Territorial public service during the period of my leave. </p><p>5. As a Government of the Northwest Territories (GNWT) employee, I remain subject to the Code of Conduct during my leave. I am required to disclose and obtain prior approval from my Deputy Head prior to engaging in volunteer activities, self-employment (including bidding on any contract work), outside employment and service (either volunteer or paid) on boards, councils or committees.</p><p>6. I agree to return to the public service of the GNWT for a period of one year following my leave.</p><p>7. I understand that if I do not return to the public service of the GNWT following the one-year of my deferred salary leave there may be tax implications and I would need to contact the Canada Revenue Agency for further information.</p><p>8. I agree that the GNWT shall be in no way responsible for any liability including any charges, costs or unforeseen expenses that I may incur as a result of my participation in the deferred salary leave plan.</p><p>Employee Signature: Date:</p><p>I approve the application for salary deferral and leave as applied for above, and agree to return the applicant to their current or equivalent position following leave. </p><p>Deputy Head Signature: Date:</p><p>Department/Board/Agency:</p><p>Last updated: March 2009</p>

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