EIB Bank Pay Out Upon Retirement Sample Clauses

EIB Bank Pay Out Upon Retirement. Upon retirement when an employee is eligible for Social Security or dies, one hundred percent (100%) of accumulated EIB days will be paid to the retiree, or in the event of death, to the heir and/or heirs named (in writing and signed) by the employee for those employees hired prior to March 17, 2003. Employees hired after March 17, 2003 are not eligible to be paid out.
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Related to EIB Bank Pay Out Upon Retirement

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