Leave Purchase Plan FAQs

  1. How do I know if I will have any annual leave remaining as of April 1?

    You must ensure that you have taken all annual leave that must be taken by March 31 of the current fiscal year if you wish to participate in the Plan on April 1 of the following fiscal year. Immediately enter all annual leave you have taken in the leave reporting system so that your leave record is always up-to-date and accurate.

    To review your current leave balance, view your Leave Bank on the employee portal. If your Leave available to be taken by March 31 is greater than zero, you have until March 31 of the current fiscal year to take this leave; otherwise your application will not be granted.


  2. What happens if I still have annual leave remaining as of April 1?

    To be eligible to participate, your leave balance as at March 31 must not be greater than zero. It is your responsibility to ensure all leave is entered and that your timecards are submitted for your manager’s approval by the key dates. Late or missing timecards will not be reflected, which may affect your leave balance at March 31 and may result in you being ineligible for the Plan.

    Your application will be audited in April in order to ensure that deductions are not being made if you indeed have annual leave carryover. If you have carryover of annual leave, you will be reimbursed for any deductions made and your application will be null and void.


  3. When will I see the purchased leave in my leave bank?

    Leave purchased during the current fiscal year will be added to your bank effective April 1 of the following fiscal year, and should be used during the following fiscal year. The annual leave bank is usually updated in May so you will not see your purchased leave displayed in your bank until this time.


  4. What are the implications to my normal pay deductions while participating?
    1. Income Tax
      Income tax will only be deducted when (i) you take your leave or (ii) when payments made to date are reimbursed due to ineligibility for the Plan.
    2. E.I. and CPP/QPP
      Employment Insurance (E.I.) premiums and Canada Pension Plan/Quebec Pension Plan (CPP/QPP) contributions are made on your salary less the deduction for the Plan.
    3. Salary Based Benefits (Life Insurance and Long Term Disability) and CBC Pension Plan
      The level of coverage for your pension and salary-based benefits is your deemed basic salary at one hundred percent, i.e. the salary to which you would be entitled if you were not participating in the Plan.

  5. Does the money accrued for the Plan earn interest?

    No, it does not.


  6. Can I continue my participation in the Plan during a secondary assignment?

    Yes, you can continue to purchase leave during a secondary assignment even if the secondary assignment is in a non-participating union. However, your deductions will be based on the salary earned during your secondary assignment.


  7. What happens if I am on a leave of absence (e.g., leave without pay, parental leave, compassionate care leave, etc. for less than 30 days and, as a result, a deduction for the Plan is missed?

    Any such amounts will be calculated at year-end based on your salary prior to each absence. This will be deducted as one amount from your first or second direct deposit in the next fiscal year.


  8. What happens if I am on a leave of absence for 30 days or more?

    Should you proceed on a leave of absence (including Parental Leave or Long Term Disability) for 30 calendar days or more, your participation will terminate and you will be reimbursed for payments made to date. All lump sum payments made as a result of the termination of your participation in this Plan are subject to EI, CPP/QPP, income tax and union dues.


  9. What happens if I leave the Corporation?

    Should you leave the Corporation, you will be reimbursed for payments made to date. All lump sum payments made as a result of the termination of your participation in this Plan are subject to EI, CPP/QPP, income tax and union dues.


  10. When do I take the leave purchased?

    The leave must be taken in the next fiscal year. It is expected all other annual leave you normally earned will also be taken during the same fiscal year.


  11. What salary am I paid when I take leave purchased under the Plan?

    You will be paid your current salary at the time the leave is taken; in the same manner as all other annual leave you take.


  12. What happens if I purchased leave under the Plan and I transfer to another affiliation that does not have a Leave Purchase Plan?

    Should you transfer to another affiliation that does not have a Leave Purchase Plan, your participation will terminate and you will be reimbursed for payments made to date. All lump sum payments made as a result of the termination of your participation in this Plan are subject to EI, CPP/QPP, income tax and union dues.


  13. What happens if I transfer to another affiliation that allows for the purchase of 5 days only and I am already purchasing more days, as allowed under my current collective agreement?

    Your deductions will continue at the same rate and at the end of the year you will be allowed to retain the greater number of days purchased under the Plan.


  14. If I receive a payout for annual leave during the fiscal year, am I eligible to participate in the Plan?

    No. You must take all annual leave you normally earn during the fiscal year. If you receive a payout during the fiscal year, your application will be denied.


  15. What happens if I am not able to use all the leave purchased under the Plan by March 31 of that fiscal year?

    There will be no carryover of purchased leave. If you do not use all purchased leave by March 31, the remaining balance will be reimbursed following the end of the fiscal year at the original rate that the leave was credited in your bank. All lump sum payments made as a result of the termination of your participation in this Plan are subject to EI, CPP/QPP, income tax and union dues. As you will have had leave paid out during the fiscal year, you will not be eligible to participate in the Plan the following year.


  16. If I change my mind during the fiscal year, what happens?

    You have the option of opting out and getting reimbursed for payments made to date at any time during the fiscal year you are purchasing leave. All lump sum payments made as a result of the termination of your participation in this Plan are subject to EI, CPP/QPP, income tax and union dues.


  17. Who do I contact if I experience any technical difficulties in MySource?
    Contact the Shared Services Centre at 1-866-999-7888 FREE.

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