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Common use of Employees With More Than 10 Years Of Service Clause in Contracts

Employees With More Than 10 Years Of Service. Any employee who retires with more than 10 years of service, but less than 20 years of service, shall be eligible for a benefit at the percentage of his or her highest salary as follows: Completed Years Of Service Percentage Of Highest Salary 11 27.5 12 30.0 13 32.5 14 35.0 15 37.5 16 40.0 17 42.5 18 45.0

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Employees With More Than 10 Years Of Service. Any employee employee, who retires with more than 10 years of service, but less than 20 years of service, shall be eligible for a benefit at the percentage of his or her highest salary as follows: Completed Years Of Service Percentage Of Highest Salary 11 27.5 12 30.0 13 32.5 14 35.0 15 37.5 16 40.0 17 42.5 18 45.0

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement