Common use of Letter of Understanding re: Early Retirement Incentive Program Clause in Contracts

Letter of Understanding re: Early Retirement Incentive Program. The College will provide an early retirement incentive program for eligible employees. Participation in the early retirement incentive program is voluntary. The purpose of this program is to provide an incentive to an eligible employee who wishes to resign from employment and commence early retirement before age 64.

Appears in 15 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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