GRATUITY PLANS. 25.01 Teachers who were employed by a predecessor Board and the Northwest Catholic District School Board prior to December 31, 1998, and who were covered by a predecessor Collective agreement, shall continue to have the Retirement Gratuity provision in the collective agreement that applied to them prior to December 31, 1998, continue to apply. (See Appendix B – Article 7.03 – Fort Xxxxxxx-Rainy River District; Article 11 – Dryden District) 25.02 Teachers commencing employment with the District Board after December 31, 1998, who were not employed with a predecessor Board and the District Board in the 1997/98 school year are entitled only to the following Retirement Fund: a) The Board shall pay into a reserve fund for the purpose of funding retirement benefits for Teachers hired after December 31, 1998 $350.00 per each completed school year for each Teacher who was hired after December 31, 1998 (prorated for part-time Teachers). b) A Teacher hired after December 31, 1998 with ten (10) or more consecutive years of service without intervening employment with the Northwest Catholic District School Board who retires due to: i) death ii) permanent disability; or
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
GRATUITY PLANS. 25.01 26.01 Teachers who were employed by a predecessor Board and the Northwest Catholic District School Board prior to December 31, 1998, and who were covered by a predecessor Collective agreement, shall continue to have the Retirement Gratuity provision in the collective agreement that applied to them prior to December 31, 1998, continue to apply. (See Appendix B – Article 7.03 – Fort Xxxxxxx-Rainy River District; Article 11 – Dryden District)
25.02 26.02 Teachers commencing employment with the District Board after December 31, 1998, who were not employed with a predecessor Board and the District Board in the 1997/98 school year are entitled only to the following Retirement Fund:
a) The Board shall pay into a reserve fund for the purpose of funding retirement benefits for Teachers hired after December 31, 1998 $350.00 per each completed school year for each Teacher who was hired after December 31, 1998 (prorated pro-rated for part-time Teachers).
b) A Teacher hired after December 31, 1998 with ten (10) or more consecutive years of service without intervening employment with the Northwest Catholic District School Board who retires due to:
i) death ii) permanent disability; or
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
GRATUITY PLANS. 25.01 Teachers who were employed by a predecessor Board and the Northwest Catholic District School Board prior to December 31, 1998, and who were covered by a predecessor Collective agreement, shall continue to have the Retirement Gratuity provision in the collective agreement that applied to them prior to December 31, 1998, continue to apply. (See Appendix B – Article 7.03 – Fort Xxxxxxx-Rainy River District; Article 11 – Dryden Xxxxxx District)
25.02 Teachers commencing employment with the District Board after December 31, 1998, who were not employed with a predecessor Board and the District Board in the 1997/98 school year are entitled only to the following Retirement Fund:
a) The Board shall pay into a reserve fund for the purpose of funding retirement benefits for Teachers hired after December 31, 1998 $350.00 per each completed school year for each Teacher who was hired after December 31, 1998 (prorated for part-time Teachers).
b) A Teacher hired after December 31, 1998 with ten (10) or more consecutive years of service without intervening employment with the Northwest Catholic District School Board who retires due to:
i) death ii) permanent disability; or
Appears in 1 contract
Samples: Collective Agreement