Death or Retirement. (a) In the event of the death or retirement of a member, longevity due for that year will be paid through the date of death or retirement on the same basis as partial year payment computations. It will not be paid on any terminal pay, but will be paid as a lump sum with any earned terminal pay.
Appears in 8 contracts
Samples: dam.assets.ohio.gov, dam.assets.ohio.gov, dam.assets.ohio.gov
Death or Retirement. (a) In the event of the death or retirement of a memberan employee, longevity due for that year will be paid through the date of death or retirement on the same a pro- rata basis as partial year payment computationsthrough that date. It will not be paid on any terminal pay, but will be paid as a lump sum with any earned terminal pay.
Appears in 4 contracts
Samples: Working Policy Agreement, Working Policy Agreement, dam.assets.ohio.gov
Death or Retirement. (a) In the event of the death or retirement of a memberan Employee, longevity due for that year will be paid through the date of death or retirement on the same a prorate basis as partial year payment computationsthrough that date. It will not be paid on any terminal pay, pay but will be paid as a lump sum with any earned terminal pay.
Appears in 2 contracts
