Gratuity Table Sample Clauses

Gratuity Table. AFTER: 10 years’ service, 12.5% 11 years’ service, 15% 12 years’ service, 17.5% 13 years’ service, 20% of 14 years’ service, 22.5% cumulative 15 years’ service, 25% sick leave 16 years’ service, 27.5% credits 17 years’ service, 30% x 18 years’ service, 32.5% daily 19 years’ service, 35% rate at 20 years’ service, 37.5% date of 21 years’ service, 40% retirement 22 years’ service, 42.5% 23 years’ service, 45% 24 years’ service, 47.5% 25 years’ service, 50% ARTICLE XII: RETIREMENT AND GRATUITY (cont’d)
Sample 1
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Gratuity Table. AFTER: 10 years’ service, 12.5% 11 years’ service, 15% 12 years’ service, 17.5% 13 years’ service, 20% of 14 years’ service, 22.5% cumulative 15 years’ service, 25% sick leave 16 years’ service, 27.5% credits 17 years’ service, 30% x 18 years’ service, 32.5% daily 19 years’ service, 35% rate at 20 years’ service, 37.5% date of 21 years’ service, 40% retirement 22 years’ service, 42.5% 23 years’ service, 45% 24 years’ service, 47.5% 25 years’ service, 50% All monies provided under Article 12:02 shall be paid in full to the Teacher or in the event of the Teacher’s death, to the estate, within one year after retirement or as arranged to the mutual satisfaction of the Board and the Teacher or in the event of death, the Teacher’s executor(s) or administrator(s).
Sample 1
Gratuity Table. AFTER: 10 years service 12.5% 11 years service 15.0% of 12 years service 17.5% cumulative 13 years service 20.0% sick 14 years service 22.5% leave 15 years service 25.0% credits 16 years service 27.5% 17 years service 30.0% x 18 years service 32.5% 19 years service 35.0% daily 20 years service 37.5% rate at 21 years service 40.0% date of 22 years service 42.5% retirement 23 years service 45.0% 24 years service 47.5% 25 years service 50.0% All benefits provided under sub-paragraph 6:04 shall be paid in full to the teacher or in the event of the teacher’s death, to the estate, within one (1) year after retirement or as arranged to the mutual satisfaction of the Board and the employee or, in the event of death, the employee’s executor(s) or administrator(s).
Sample 1

Related to Gratuity Table

  • Gratuity Agency will not reimburse Outside Counsel for tips or gratuities.

  • Gratuities The Contractor will not, in connection with this Contract, directly or indirectly (1) offer, give, or agree to give anything of value to anyone as consideration for any State of Florida officer’s or employee’s decision, opinion, recommendation, vote, other exercise of discretion, or violation of a known legal duty, or (2) offer, give, or agree to give to anyone anything of value for the benefit of, or at the direction or request of, any State of Florida officer or employee.

  • Gratuity Plan 10.11.1 Gratuity credits are based on the calendar year. For the purposes of accumulating gratuity credits, the year will be divided into four (4) distinct periods: • 1 January to 31 March • 1 April to 30 June • 1 July to 30 September • 1 October to 31 December All dates are inclusive.

  • No Gratuities Contractor has not directly or indirectly offered or given any gratuities (in the form of entertainment, gifts, or otherwise), to any Judicial Branch Personnel with a view toward securing this Agreement or securing favorable treatment with respect to any determinations concerning the performance of this Agreement.

  • GRATUITIES/KICKBACKS (a) SELLER shall not offer or give a kickback or gratuity (in the form of entertainment, gifts, or otherwise) for the purpose of obtaining or rewarding favorable treatment as a LOCKHEED XXXXXX supplier.

  • Retirement Gratuities The issue of Retirement Gratuities has been addressed at the Central Table and the parties agree that formulae contained in current local collective agreements for calculating Retirement Gratuities shall govern payment of retirement gratuities and be limited in their application to terms outlined in Appendix B - Retirement Gratuities. The following language shall be inserted unaltered as a preamble to Retirement Gratuity language into every collective agreement: “Retirement Gratuities were frozen as of August 31, 2012. Employees are not eligible to receive a sick leave credit gratuity or any non-sick leave credit retirement gratuity (such as, but not limited to, service gratuities or RRSP contributions) after August 31, 2012, except a sick leave credit gratuity that the Employee had accumulated and was eligible to receive as of that day. The following language applies only to those employees eligible for the gratuity above.” SICK LEAVE TO BRIDGE LONG-TERM DISABILITY WAITING PERIOD Boards which have Long-Term Disability waiting periods greater than 131 days shall ensure there is language that accords with the following entitlement: An Employee who has applied for long-term disability is eligible for additional short- term disability leave days up to the maximum difference between the long-term disability waiting period and 131 days. The additional days shall be payable at 90% and shall be used only to bridge the employee to the long-term disability waiting period if, under a collective agreement in effect on August 31, 2012, the employee was required to wait more than 131 days before being eligible for benefits under a long-term disability plan and the collective agreement did not allow the employee the option of reducing that waiting period. LETTER OF UNDERSTANDING #3 BETWEEN The Canadian Union of Public Employees (Hereinafter ‘CUPE’) AND The Council of Trustees’ Associations (Hereinafter the ‘CTA/CAE’) RE: Job Security: Protected Complement The parties acknowledge that education workers contribute in a significant way to student achievement and well-being.

  • Subsidies 1. The rights and obligations of the Parties in respect of subsidies shall be governed by Articles VI and XVI of the GATT 1994, the WTO Agreement on Subsidies and Countervailing Measures and the WTO Agreement on Agriculture.

  • Annuity 24.1 If the policy schedule states that the insured amount is a surviving dependant's annuity within the meaning of Section 3.125(1)(b) of the Income Tax Act 2001, this article shall apply.

  • Other Retirement Gratuities A Teacher is not eligible to receive any non-sick leave credit retirement gratuity (such as, but not limited to, service gratuities or RRSP contributions) after August 31, 2012. APPENDIX B – ABILITIES FORM Employee Group: Requested By: WSIB Claim: Yes No WSIB Claim Number: To the Employee: The purpose for this form is to provide the Board with information to assess whether you are able to perform the essential duties of your position, and understand your restrictions and/or limitations to assess workplace accommodation if necessary.

  • Retirement Gratuity 1. Those employees who, on August 31, 2012, were eligible for a retirement gratuity shall have their accumulated sick days vested as of that date, up to the maximum eligible under the retirement gratuity plan.

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