Long Service. RECOGNITION 1. Commencing 1992 September 1st all teachers will be credited with one year’s service for each year they remain in the employ of the District for the purpose of establishing service under this provision. 2. At the same time a cumulative record of full time equivalent service will be started for the purpose of establishing the proportion of payment for which each teacher is eligible. 3. The proportion of any gratuity payable shall be determined by the ratio of full time equivalent service accumulated under Article B.20.2 to the total service accumulated under Article B.20. 4. Upon retirement, each teacher with a minimum of ten years accumulated service to the District under Article B.20.1 will qualify for a gratuity, multiplied by the factor determined in Article B.21.3, of the following amounts:
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Samples: Provincial and Local Matters Agreement, Provincial and Local Matters Agreement, Provincial and Local Matters Agreement
Long Service. RECOGNITIONRECOGNITION
1. Commencing 1992 September 1st all teachers will be credited with one year’s service for each year they remain in the employ of the District for the purpose of establishing service under this provision.
2. At the same time a cumulative record of full time equivalent service will be started for the purpose of establishing the proportion of payment for which each teacher is eligible.
3. The proportion of any gratuity payable shall be determined by the ratio of full time equivalent service accumulated under Article B.20.2 to the total service accumulated under Article B.20.
4. Upon retirement, each teacher with a minimum of ten years accumulated service to the District under Article B.20.1 will qualify for a gratuity, multiplied by the factor determined in Article B.21.3, of the following amounts:
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