Retirement Leave definition

Retirement Leave means leave granted to a member of the Regular Force immediately prior to release or transfer from the Regular Force and can include accumulated leave, annual leave, special leave on release, and/or rehabilitation leave.
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Examples of Retirement Leave in a sentence

  • The following applies instead: If your employment is terminated for incapacity you will be entitled to retiring leave in accordance with the scale set out in the Retirement Leave Schedule to this agreement, with a minimum of 65 days.

  • Termination, Retirement, Leave of Absence: For eligible employees who terminate, retire or are on an approved leave of absence, the City will pay the premium for the month the employee is leaving if the employee works less than 80 hours in the month.

  • Given the specific intent of Early Retirement Leave, there will be no further accrual of sick leave or vacation leave once an Employee is on their Early Retirement leave immediately prior to retirement.

  • Termination, Retirement, Leave of Absence – For eligible employees who terminate, retire or are on an approved leave of absence, the Association will pay the premium for the month the employee terminates, retires, or is on leave, provided the employee is on paid status on the first day of the month.

  • The parties agree to participate in a Post Retirement Leave Conversion Plan under the terms outlined in Addendum B.

  • When a member is hospitalized or requires dental treatment while on retirement leave, detailed instructions are provided in Chapter 10 – Regular Force Retirement Leave.

  • The following applies instead: if your employment is terminated for incapacity you will be entitled to retiring leave in accordance with the scale set out in the Retirement Leave Schedule to this agreement, with a minimum of 65 days.

  • An Employee may request a payout of their Early Retirement Leave bank or a combination of payout and leave with the leave to be taken immediately prior to retirement and with any payout to occur upon retirement.

  • Retirement LeaveNZVCC’s obligation in respect of Retirement Leave is the amount of future benefits that employees have earned in return for their service in the current and prior periods.

  • Given the specific intent of Early Retirement Leave, there will be no further accrual of sick leave or vacation leave once an Employee is on their Early Retirement Leave immediately prior to retirement.

Related to Retirement Leave

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • Bereavement Leave means "a leave of absence granted to an employee upon a death occurring in the employee's Immediate Family.”

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Disability retirement for plan 1 members, means the period

  • Public employees retirement system means the retirement plan and program

  • Retirement means Normal or Early Retirement.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Retirement Age means the earlier to occur of:

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Military caregiver leave means leave taken to care for a covered servicemember with a serious injury or illness.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Retirement fund means the "Washington law enforcement

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Family leave means any leave taken by an employee from

  • Retirement home means a building used for living quarters for more than seven persons who are 65 years or older;

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.