Early Retirement Scheme Sample Clauses

Early Retirement Scheme. The Early Retirement Scheme for the Metalektro, as further described in the Scheme and in the Collective Agreement in the Metalektro: Early Retirement. RVU
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Early Retirement Scheme. (RVU Scheme) An employee with three years or less remaining before reaching the age of entitlement to state old­age pension (AOW) has the option of ending their employment earlier than the date of their entitlement to state pension and thus make use of the temporary easing of the RVU scheme in the pensions agreement if they have been in the service of the employer for an uninterrupted period of at least 10 years. The amount of the benefit will be € 1,874 gross per month for full­time employment and will be adjusted proportionally in line with the working hours if these are shorter. Application for the RVU scheme must be made to the employer at least six months before the intended commencement date, and the employee must take the initiative to discuss with the employer their reasons and how the RVU scheme contributes to their vitality. The employer decides whether to grant the scheme and will give its reasons in writing if the application is rejected. The CLA agreement on the RVU scheme applies to the current CLA, after which it will be evaluated by the parties to the CLA. If the statutory extension of the RVU scheme ends, so does this CLA agreement. 72 CLA Banks 73 12 Position of trade unions and employment Trade unions
Early Retirement Scheme. (RVU Scheme) An employee with three years or less remaining before reaching the age entitlement to old-age state pension, (AOW) has the option of using a temporary easing of the RVU scheme in the pensions agreement if they have been in service with the employer for an uninterrupted period of at least 10 years. The amount of the benefit will be 1 1,874 gross per month for full-time employment and will be adjusted proportionally in line with the working hours if these are shorter. Application for the RVU scheme must be made to the employer at least six months before the intended commencement date, and the employee must take the initiative to discuss with the employer their reasons and how the RVU scheme contributes to their vitality. The employer decides whether to grant the scheme and will give its reasons in writing if the application is rejected. The CLA agreement on the RVU scheme applies to the current CLA, after which it will be evaluated by the parties to the CLA. If the statutory extension of the RVU scheme ends, so does this CLA agreement. 12 Position of trade unions and employment Trade unions
Early Retirement Scheme. The employer shall on a regular basis give consideration to making application to the Australian Taxation Office for approval to offer an Early Retirement Scheme (ERS). The terms and conditions of the proposed ERS application shall be subject to negotiation with employees and approval of the Australian Taxation Office.
Early Retirement Scheme. For employees in physically demanding jobs - in accordance with the existing Graphic Media Early retirement scheme, which is in force until 31 December 2025, and who fall under this chapter of the collective labour agreement as of 1 January 2022 - an equivalent provision has been agreed on at the request of the employee, and insofar as the under the conditions in the aforementioned scheme, whereby existing rights as described in that scheme are retained. This provision also applies to employees who enter employment after 1 January 2022, who are covered by the Collective Labour Agreement for the Publishing Industry and who have a continuous employment history in the graphics sector.
Early Retirement Scheme 

Related to Early Retirement Scheme

  • Early Retirement An employee entitled to twenty-five (25) or more days of annual vacation shall be entitled to defer up to five (5) days per year of vacation into an Early Retirement Bank. An employee entitled to thirty (30) or more days of annual vacation shall be entitled to defer up to ten (10) days per year of vacation into an Early Retirement Bank. Such deferred vacation may only be taken immediately prior to retirement. The Employer may, at its sole discretion, permit an employee to use such banked vacation under other circumstances.

  • Early Retirement Incentive The College may offer to a faculty member or a faculty member may request a choice of one of the early retirement incentive alternatives described herein, provided the faculty member meets the following criteria. The Association shall be advised in writing of any offer of early retirement made to a faculty member.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

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