Common use of Early Retirement Option Fund Clause in Contracts

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

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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

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