On Retirement. (a) On retirement, as defined in Article 10, an employee shall be entitled to a terminal allowance. (b) On the date of retirement, the number of days of unused sick leave standing to the employee’s credit shall be doubled. The terminal allowance shall be fifty percent (50%) of this number of days multiplied by the employee’s daily rate of pay at the date of the employee's retirement. (c) That in no case shall the number of days terminal allowance at termination exceed the maximum number of days terminal allowance previously available to employees under their respective Collective Agreements with Gloucester, Nepean or Ottawa Police Services Boards as at December 31, 1994.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
On Retirement. (a) On retirement, as defined in Article 10, an employee shall be entitled to a terminal allowance.
(b) On the date of retirement, the number of days of unused sick leave standing to the employee’s credit shall be doubled. The terminal allowance shall be fifty percent (50%) of this number of days multiplied by the employee’s daily rate of pay at the date of the employee's ’s retirement.
(c) That in no case shall the number of days terminal allowance at termination exceed the maximum number of days terminal allowance previously available to employees under their respective Collective Agreements with Gloucesterthe Gloucester (160 days), Nepean (130 days) or Ottawa (195 days) Police Services Service Boards as at December 31, 1994.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
