Financial Counselling. Each faculty member who is offered an early retirement incentive is entitled to receive personal financial counselling. A lifetime total of three (3) hours of consultation is available and the fees for such consultation(s) will be paid by the Employer to a maximum of $240.00 per faculty member on invoice or production of receipt by the faculty member. Each faculty member will be free to schedule these consultations in whatever manner is most beneficial or convenient to that faculty member. In addition, each faculty member who is offered early retirement incentive is eligible to attend an Employer sponsored pre-retirement planning workshop.
Financial Counselling. The Corporation shall, during the Severance Period, continue to provide the Executive with the same financial counselling benefits as those to which the Executive was entitled as of immediately prior to the Date of Termination (or, if more favorable to the Executive, as of immediately prior to the Effective Date). Such services shall be provided throughout the Severance Period, including the preparation of the Executive’s tax return(s) for the tax year during which the Severance Period ends.
Financial Counselling. Each employee who is offered a retirement incentive is entitled to receive personal financial counselling conducted by a firm of qualified financial consultants selected by the College. A lifetime total of 3 hours of consultation is available and the fees for such consultation(s) will be paid by the College. After obtaining the necessary Certificate of Entitlement from Human Resources, each employee will be free to schedule these consultations in whatever manner is most beneficial or convenient to that employee. In addition, each employee who is offered a retirement incentive is eligible to attend one of several College-sponsored pre-retirement planning workshops held annually.
Financial Counselling. The employer undertakes to provide access in paid time for each employee who is offered a redundancy, or who expresses an interest in a redundancy, to consult a financial adviser. The employer will pay for the initial cost associated with the financial counselling (up to two sessions) from a financial counsellor agreed to by the employer and the employee. The employer will provide to each employee a fully detailed pay statement at the time when the offer of redundancy is made.
Financial Counselling to the extent the Executive is eligible for this perquisite at the time of commencement of the Termination Leave, the current level of financial counselling will continue until the Termination Date.
Financial Counselling. 15.4.1 Employees may attend a College sponsored pre-retirement planning workshop.
15.4.2 Employees offered an Early Retirement Incentive (Article 15.3) are entitled to receive personal financial counselling conducted by a firm of qualified financial consultants selected by the College. A lifetime total of 3 hours of consultation is available and the fees will be paid by the College. An employee may choose their own financial counsellor, in which case the College will cover the expenses to the total cost of $400.00.
15.4.3 After obtaining the necessary certificate of entitlement from Human Resources, employees may schedule these consultations in the manner that is most beneficial or convenient to them.
Financial Counselling. All employees nominated for retrenchment will be provided with a detailed estimate of the redundancy pay and superannuation entitlements, at the time of their nomination. Employees who are retrenched will have access to financial counselling. Where practicable, financial services will be provided to the employee during the period of special paid leave. Where practicable, this service will be provided on Company premises.
Financial Counselling. Each faculty member who is offered an early retirement incentive is entitled to receive personal financial counselling conducted by a firm of qualified financial consultants selected by the College. A lifetime total of three (3) hours of consultation is available and the fees for such consultation(s) will be paid by the College. After obtaining the necessary Certificate of Entitlement from the Employee and Labour Relations Department, each faculty member will be free to schedule these consultations in whatever manner is most beneficial or convenient to that faculty member. In addition, each faculty member who is offered early retirement incentive is eligible to attend one of several College-sponsored pre-retirement planning workshops held annually.
Financial Counselling. The Corporation will continue to provide the Executive throughout the Severance Period with the same financial counselling benefits as those to which the Executive was entitled immediately prior to the Change in Control, including the preparation of the Executive’s tax return(s) for himself and the Executive’s spouse for the taxation year during which the Severance Period ends.
Financial Counselling. (i) The Employee must obtain and provide evidence of financial advice from an accredited Remuneration Consultant about the structure of their proposed Remuneration Package before they can participate in Flexible Remuneration Packaging.
(ii) The Employee must direct any queries about Remuneration Packaging and associated issues such as superannuation, compensation, taxation and administration to the accredited Remuneration Consultant for advice and clarification.
