Grant in Lieu of Retiring Leave Sample Clauses

Grant in Lieu of Retiring Leave. F6.6.1 All Employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation as part of the phased retirement), a lump sum gratuity equivalent in value to that leave. Payment shall be made in one gross sum on the date of retirement. Payment will be pro-rated for part time Employees to reflect their hours of work. F6.6.2 On the death of an Employee, the Employer may approve a cash grant in lieu of retiring leave to the Employee’s estate. F7 PARENTAL LEAVE‌ The provisions below are inclusive of and not in addition to the Parental Leave and Employment Protection Act 1987. F7.1 Parental Leave including University Paid Parental Leave is administered in accordance with the Parental Leave Act. Refer to the University’s
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Grant in Lieu of Retiring Leave. 6.1 All employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation), a lump sum gratuity equivalent in value to that leave.
Grant in Lieu of Retiring Leave. F7.6.1 All Employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation as part of the phased retirement), a lump sum gratuity equivalent in value to that leave. Payment shall be made in one gross sum on the date of retirement. Payment will be pro-rated for part time Employees to reflect their hours of work. F7.6.2 On the death of an Employee, the Employer may approve a cash grant in lieu of retiring leave to the Employee’s estate.
Grant in Lieu of Retiring Leave. G7.6.1 All Employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation as part of the phased retirement), a lump sum gratuity equivalent in value to that leave. Payment shall be made in one gross sum on the date of retirement. Payment will be pro-rated for part time Employees to reflect their hours of work. G7.6.2 On the death of an Employee, the Employer may approve a cash grant in lieu of retiring leave to the Employee’s estate. G8 LONG SERVICE LEAVE‌ G8.1 In addition to holidays and annual holidays specified elsewhere in this agreement an employee shall be entitled on completion of 20 years continuous university service to a special holiday of 4 (four) weeks, which must be taken within five years of becoming due, or be forfeited. This is a once only entitlement and must be taken as four consecutive weeks leave. G8.2 Long service leave is a leave entitlement, not a basis for a lump sum payment. G8.3 Entitlement to long service leave shall not affect any retirement leave eligibility, or retirement grant payable under this agreement.
Grant in Lieu of Retiring Leave. 6.1 All Employees eligible for government funded superannuation may accept, instead of any period of retirement leave to which they are entitled (less any retirement leave already taken in anticipation as part of the phased retirement), a lump sum gratuity equivalent in value to that leave. Payment shall be made in one gross sum on the date of retirement. Payment will be pro-rated for part time Employees to reflect their hours of work.
Grant in Lieu of Retiring Leave. F6.6.1 All Employees eligible for government funded superannuation may accept, instead of any period of retirement leave to which they are entitled (less any retirement leave already taken in anticipation as part of the phased retirement), a lump sum gratuity equivalent in value to that leave. Payment shall be made in one gross sum on the date of retirement. Payment will be pro-rated for part time Employees to reflect their hours of work. F6.6.2 On the death of an Employee, the Employer may approve the payment of a cash grant in lieu of retirement leave to the surviving partner or if there is no surviving partner to any dependent.
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Grant in Lieu of Retiring Leave. F7.6.1 All Employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation as part of the phased retirement), a lump sum gratuity equivalent in value to that leave. Payment shall be made in one gross sum on the date of retirement. Payment will be pro-rated for part time Employees to reflect their hours of work. F7.6.2 On the death of an Employee, the Employer may approve a cash grant in lieu of retiring leave to the Employee’s estate. F8 LONG SERVICE LEAVE‌ F8.1 In addition to holidays and annual holidays specified elsewhere in this agreement an employee shall be entitled on completion of 20 years continuous university service to a special holiday of 4 (four) weeks, which must be taken within five years of becoming due, or be forfeited. This is a once only entitlement and must be taken as four consecutive weeks leave. F8.2 Long service leave is a leave entitlement, not a basis for a lump sum payment.
Grant in Lieu of Retiring Leave. G 7 .6.1 All employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation), a lump sum gratuity equivalent in value to that leave. G 7 .6.2 If the effective date of a salary increase falls during any period of annual or long service leave taken after cessation of duties, the amount of the lump sum in lieu of retiring leave should be increased in accordance with the new salary rates on the written application of the employee. G 7 .6.3 The employer shall notify any employee who has left the service of the employer within the 12 months preceding such salary increase, provided the employee has left a contact address with the employer.
Grant in Lieu of Retiring Leave. G 7.6.1 All employees eligible for retiring leave may accept, instead of any period of retiring leave to which they are entitled (less any retiring leave already taken in anticipation), a lump sum gratuity equivalent in value to that leave. G 7.6.2 If the effective date of a salary increase falls during any period of annual or long service leave taken after cessation of duties, the amount of the lump sum in lieu of retiring leave should be increased in accordance with the new salary rates on the written application of the employee.
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