Common use of Holiday Deferral Program Clause in Contracts

Holiday Deferral Program. Employees that are forty-five (45) years of age as of December 31 may defer each year, one (1) week of annual holidays in the next calendar year up to the time of their retirement. All holiday deferrals must be submitted by March 1 of the year in which the deferral is requested. Any and all deferred annual vacation may only be taken in connection with retirement in one of the following ways:

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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