Common use of Early Retirement Incentive Plan (ERIP Clause in Contracts

Early Retirement Incentive Plan (ERIP. This Early Retirement Incentive Plan is available to eligible employees who are at least 55 years of age (50 for staff working in Corrections Centre) on or before the effective date of privatization or have sufficient pre-retirement leave into the future to reach their 55th birthday (50th birthday for staff working in a Corrections Centre).

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Early Retirement Incentive Plan (ERIP. This Early Retirement Incentive Plan is available to eligible employees who are at least 55 years of age (50 for staff working in Corrections Centre) on or before the effective date of privatization or have sufficient pre-retirement leave into the future to reach their 55th birthday (50th birthday for staff working in a Corrections Centre)birthday.

Appears in 1 contract

Samples: Master and Subsidiary Agreements

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Early Retirement Incentive Plan (ERIP. This Early Retirement Incentive Plan is available to eligible employees who are at least 55 years of age (50 for staff working in Corrections Centre) on or before the their ASD Initiative’s effective date of privatization disposition or have sufficient pre-retirement leave into the future to reach their 55th birthday (50th birthday for staff working in a Corrections Centre)birthday.

Appears in 1 contract

Samples: Master and Subsidiary Agreements

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