Common use of Gradual Retirement Clause in Contracts

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic). Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- Vice-President (Academic). Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement Gradual Retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement Gradual Retirement (a maximum of two years). Gradual retirement Retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Xxxx. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement Gradual Retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall will be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Xxxx. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall will be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement Gradual Retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement Gradual Retirement (a maximum of two years). Gradual retirement Retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Xxxx. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement Gradual Retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. Unless otherwise specified, an agreement for a reduced appointment shall proportionally reduce all the duties of the academic staff member as defined in Article 16. These arrangements must be discussed with between the member and approved in writingthe Xxxx. The Faculty Association shall be informed of the terms of any offer presented and, with at the member’s request, has the right to be present during the discussion. The Xxxx shall provide a copy of the agreement to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Association in a timely manner. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall will be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic). Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a 63 gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement Gradual Retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement Gradual Retirement (a maximum of two years). Gradual retirement Retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Xxxx. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement Gradual Retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a 60 gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Xxxx. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall will be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement Gradual Retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement Gradual Retirement (a maximum of two years). Gradual retirement Retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx and by the Vice- President (Academic)Xxxx. Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement Gradual Retirement that are based on the partial salary received. However, the University College shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University College is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.

Gradual Retirement. Tenured full-time academic staff members may request a gradual reduction in academic workload with proportional reductions in salary. The earliest that an academic staff member may request a gradual retirement is within two years of eligibility for early retirement. Academic staff members applying for gradual retirement shall sign a formal agreement to retire fully at the end of the period of gradual retirement (a maximum of two years). Gradual retirement arrangements should be as flexible as possible while meeting the needs of the academic unit concerned. These arrangements must be discussed with and approved in writing, with a copy to the Faculty Association, by the Xxxx or equivalent and by the Vice- Vice-President (Academic). Normal academic workload will be reduced by no more than 50% FTE. Academic staff members shall make pension contributions during gradual retirement that are based on the partial salary received. However, the University shall make both its pension contributions based on the member’s full salary together with the difference between the member’s actual contributions described above and the contribution that would be required by the member’s full salary; or compensate the employee with salary if the University is prohibited from making such payments due to limitations under the Income Tax Act of Canada as a result of periods of leave. Beyond the normal retirement date, continuation of pension contributions is subject to the terms of the Academic and Administrative Pension Plan and limitations contained in the Income Tax Act of Canada. The contributions and coverage for other benefit plans shall be based on the terms and conditions of the plans themselves and the academic staff member’s actual salary. Academic staff members placed on salary continuance during a period of Gradual Retirement shall will be eligible for benefits based on their applicable reduced salary. Should salary continuance extend beyond the agreed upon retirement date, the date will be extended until the academic staff member is able to return to work or reaches the normal retirement date, whichever is earlier. Academic Staff members eligible for the retiring allowance as defined in 19.1.1.3 shall have their allowance calculated at their full salary.