Anniversary Seniority Payment. An employee who is not eligible for the Long Service Bonus under Clause 27.06 shall receive a lump sum payment, as follows: On Reaching 10 Years of Seniority - $2,000 On Reaching 15 Years of Seniority - $2,000 On Reaching 20 Years of Seniority - $2,000 On Reaching 25 years of Seniority - $2,500 An employee who is receiving the Long Service Bonus under Clause 27.06 is not eligible to receive payments under this clause.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Anniversary Seniority Payment. An employee who is not eligible for the Long Service Bonus under Clause 27.06 shall receive a lump sum payment, as follows: On Reaching 10 Years of Seniority - $2,000 On Reaching 15 Years of Seniority - $2,000 On Reaching 20 Years of Seniority - $2,000 On Reaching 25 years of Seniority - $2,500 An employee who is receiving the Long Service Bonus under Clause 27.06 is not eligible to receive payments under this clause.
Appears in 1 contract
Samples: Collective Agreement