Common use of Bonus and Outstanding Vacation Payments on Retirement Clause in Contracts

Bonus and Outstanding Vacation Payments on Retirement. 1. An employee who has completed 10 years of continuous employment, shall be given, on retirement, a cash bonus equal to one month's pay. This one month’s pay will be included as part of the employee’s pensionable earnings. (In the case of a regular part-time employee, the one month's pay will be pro-rated as per Part A, Item 1.2.

Bonus and Outstanding Vacation Payments on Retirement. 1. (a) An employee who has completed 10 years of continuous employment, shall be given, on retirement, a cash bonus equal to one (1) month's pay. This one month’s pay will be included as part of the employee’s pensionable earnings. (In the case of a regular part-time employee, the one month's pay will be pro-rated as per Part A, Item 1.2.regular

Bonus and Outstanding Vacation Payments on Retirement. 1. An employee who has completed 10 years of continuous employment, shall be given, on retirement, a cash bonus equal to one month's pay. 2. This one month’s pay The employee on retirement shall also be given a cash payment for any outstanding vacation credits. The cash payment will be included as part of outlined in the employee’s pensionable earningschart, in Part 'A', Section 4.3. 3. (In If required by the case of Company to postpone his/her vacation for the year immediately prior to retirement, he/she shall receive a regular part-time employee, the one month's pay will cash payment for that period. No payment shall be pro-rated as per Part A, Item 1.2made for unused vacation for any other years.

Bonus and Outstanding Vacation Payments on Retirement. 1. An employee who has completed 10 years of continuous employment, shall be given, on retirement, a cash bonus equal to one (1) month's pay. This one month’s pay will be included as part of the employee’s pensionable earnings. (In the case of a regular part-time employee, the one month's pay will be pro-rated as per Part A, Item 1.2.regular

Bonus and Outstanding Vacation Payments on Retirement. 1. An employee who has completed 10 years of continuous employment, shall be given, on retirement, a cash bonus equal to one month's pay. This one month’s pay will be included as part of the employee’s pensionable earnings. (In the case of a regular part-part- time employee, the one month's pay will be pro-rated rated. 2. The employee on retirement shall also be given a cash payment for any outstanding vacation credits. The cash payment will be on the same basis as per Part A, Item 1.2.outlined in Article

Bonus and Outstanding Vacation Payments on Retirement. 1. An employee who has completed 10 years of continuous employment, shall be given, on retirement, a cash bonus equal to one month(1)month's pay. This one month’s pay will be included as part of the employee’s pensionable earnings. (In in the case of a regular part-time employee, the one month's pay will be pro-rated as per Part A, Item 1.2.regular