Early Retirement Option Fund. The parties agree to establish an Early Retirement Option Fund (the "Fund"), as follows: (a) The Fund will be budgeted at $240,000 yearly, subject to change by mutual agreement of the parties. (b) Any monies in the Fund unspent at the end of any fiscal year will be rolled over to the next fiscal year.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Early Retirement Option Fund. The parties agree to establish an Early Retirement Option Fund (the "Fund"), as follows:
(a) The Fund will be budgeted at $240,000 121,500 yearly, subject to change by mutual agreement of the parties.
(b) Any monies in the Fund unspent at the end of any fiscal year will be rolled over to the next fiscal year.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement