Gratuity Schemes and Service Sample Clauses

Gratuity Schemes and Service. Grants 2.5.1 Employees with entitlements under the former Brunswick Attendance Scheme, former Xxxx Staff Gratuity Scheme, former Moonee Valley Regional Library Scheme and former Coburg Sick Leave Gratuity Scheme can apply to have the accrued adjusted benefit from the relevant scheme paid out during employment as salary. Alternatively on termination of employment from Council the relevant staff will receive payment of the accrued adjusted benefit. 2.5.2 These entitlements were capped from the date of certification of the 1995 Enterprise Agreement. Entitlements were accrued up until the date of freezing the schemes and converted to a dollar value and held by Council. The dollar value has been adjusted annually in line with the Consumer Price Index. 2.5.3 Former Brunswick staff with less than five years service had the five year qualifying period that applied under the Attendance Scheme waived from the date of certification of a 1995 Enterprise Agreement 2.5.4 The former Brunswick Service Grant Payment Scheme remains frozen from the date of certification of the 1995 Enterprise Agreement. Existing entitlements will be maintained at their present level, except as provided for by the ‘Over award payments’ clause of this agreement.