Common use of Early Retirement Incentive Clause in Contracts

Early Retirement Incentive. For the purposes of this article early retirement is defined as retirement after age 55 and before age 65. During any fiscal year starting April 1, the Employer will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an early retirement incentive provided the employee meets the following qualifications: 1. is age 55 or over; 2. has a minimum of ten years employment with the College;

Appears in 14 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Early Retirement Incentive. For the purposes of this article early retirement is defined as retirement after age 55 and before age 65. During any fiscal year appointment year, starting April 1, 1995, the Employer College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an early retirement incentive provided the employee meets the following qualifications: 1. is age 55 or over; 2. has a minimum of ten years employment with the College;.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Early Retirement Incentive. For the purposes of this article early retirement is defined as retirement after age 55 and before age 65. During any fiscal year contract year, starting April 1, 1995, the Employer College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an early retirement incentive provided the employee meets the following qualifications: 1. is age 55 or over; 2. has a minimum of ten years employment with the College;.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Early Retirement Incentive. (a) For the purposes of this article Article, early retirement is defined as retirement after age 55 and before age 65. During any fiscal year starting April 1, the Employer The College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an one early retirement incentive provided each year. In the event no employee meets is eligible for an incentive, the following qualifications: 1. is age 55 or over; 2. has funding for the incentive will be carried forward to a minimum maximum of ten years employment with the College;five (5) incentives.

Appears in 3 contracts

Samples: Collective Agreement, Memorandum of Settlement, Collective Agreement

Early Retirement Incentive. For the purposes of this article article, early retirement is defined as retirement after age 55 fifty‐five (55) and before age sixty‐five (65). During any fiscal year starting April 1, the Employer The College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an one early retirement incentive provided each year. In the event no employee meets is eligible for an incentive, the following qualifications: 1. is age 55 or over; 2. has funding for the incentive will be carried forward to a minimum maximum of ten years employment with the College;three (3) incentives.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Early Retirement Incentive. (a) For the purposes of this article article, early retirement is defined as retirement after age 55 fifty‐five (55) and before age sixty‐five (65). During any fiscal year starting April 1, the Employer The College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an one early retirement incentive provided each year. In the event no employee meets is eligible for an incentive, the following qualifications: 1. is age 55 or over; 2. has funding for the incentive will be carried forward to a minimum maximum of ten years employment with the College;three (3) incentives.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Early Retirement Incentive. (a) For the purposes of this article article, early retirement is defined as retirement after age 55 fifty-five (55) and before age sixty-five (65). During any fiscal year starting April 1, the Employer The College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an one early retirement incentive provided each year. In the event no employee meets is eligible for an incentive, the following qualifications: 1. is age 55 or over; 2. has funding for the incentive will be carried forward to a minimum maximum of ten years employment with the College;three (3) incentives.

Appears in 1 contract

Samples: Collective Agreement

Early Retirement Incentive. ‌ (a) For the purposes of this article Article, early retirement is defined as retirement after age 55 and before age 65. During any fiscal year starting April 1, the Employer The College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an one early retirement incentive provided each year. In the event no employee meets is eligible for an incentive, the following qualifications: 1. is age 55 or over; 2. has funding for the incentive will be carried forward to a minimum maximum of ten years employment with the College;five (5) incentives.

Appears in 1 contract

Samples: Collective Agreement

Early Retirement Incentive. (a) For the purposes of this article article, early retirement is defined as retirement after age 55 fifty-five (55) and before age sixty-five (65). During any fiscal year starting April 1, the Employer The College will offer or accept at least one, or the equivalent of at least one, five year early retirement incentive, provided that there are any such requests. The Employer may offer to an employee or an employee may request an one early retirement incentive provided each year. In the event no employee meets is eligible for an incentive, the following qualifications: 1. is age 55 or over; 2. has funding for the incentive will be carried forward to a minimum maximum of ten years employment with the College;five (5) incentives.

Appears in 1 contract

Samples: Collective Agreement

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