Deferred Salary Leave Plan

This benefit, won in the 2014 round of bargaining, offers more than just a year for renewal and exploration. By spreading your salary over the four years leading up to the leave, you may also find yourself in a lower tax bracket during that time.

The Deferred Salary Leave Plan “enables eligible employees to plan and finance a leave of absence for a period of not less than one full school year. The plan allows employees to self-finance a leave by authorizing School District No. 36 (Surrey) to set aside, over a limited period, a portion of their salary prior to the leave. The salary held by the employer is not subject to income tax or Canada Pension Plan premiums until it is paid to the employee during the leave of absence. Participation in the DSLP is voluntary and subject to approval by the School District.”

For more information, please see the School District’s guide to DSLP.