City Severance. All bargaining unit members shall be granted severance pay upon retirement. "Retirement," as used in this section, is defined as: a break in service with the Employer; the employee has met the criteria of the PFPDF for retirement; and, the employee is eligible to receive retirement benefits at the time of the break in service. The amount of allowable days of severance pay shall be computed as follows: one and eight tenths (1.8) days per completed year of service with the City of Barberton shall be granted, plus the employee's accumulated sick leave maximum at the time of retirement. Employees shall not receive credit for more than hundred (100) days of accumulated sick time and may be credited an additional fifty (50) Sick Leave days as described in Article 28
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Samples: dam.assets.ohio.gov, An Agreement
City Severance. All bargaining unit members shall be granted severance pay upon retirement. "“Retirement," ” as used in this section, is defined as: a break in service with the Employer; the employee has met the criteria of the PFPDF for retirement; and, the employee is eligible to receive retirement benefits at the time of the break in service. The amount of allowable days of severance pay shall be computed as follows: one and eight tenths (1.8) days per completed year of service with the City of Barberton shall be granted, plus the employee's accumulated sick leave maximum at the time of retirement. Employees shall not receive credit for more than hundred (100) days of accumulated sick time and may be credited an additional fifty (50) Sick Leave days as described in Article 28
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Samples: serb.ohio.gov
City Severance. All bargaining unit Bargaining Unit members shall be granted severance pay upon retirement. "“Retirement," ” as used in this section, is defined as: as a break in service with the Employer; the employee has met the criteria of the PFPDF for retirement; and, the employee is eligible to receive retirement benefits at the time of the break in service. The amount of allowable days of severance pay shall be computed as follows: one seventeen and eight three tenths (1.817.30) days hours pay per completed year of service with the City of Barberton shall be granted, plus the employee's accumulated sick leave maximum at the time of retirement. Employees In no event shall not receive credit for more than nine hundred (100900) days hours of accumulated sick time and may leave be credited allowed in computed severance pay of an additional fifty (50) Sick Leave days as described in Article 28employee. The total of these two
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Samples: dam.assets.ohio.gov