Payment of Accumulated Sick Leave. Any employee having accrued sick leave to his credit shall, on retirement or termination, after ten (10) years of continuous service, receive a salary grant in lieu thereof equal to: One half (1/2) of the days accumulated as per 21(B). In the event of death, the salary grant shall be paid to his beneficiary. Union dues will not be deducted from payout.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Bargaining Agreement
Payment of Accumulated Sick Leave. Any employee having accrued sick leave to his their credit shall, on retirement or termination, after ten (10) years of continuous service, receive a salary grant in lieu thereof equal to: One half (1/2) 55% of the days accumulated as per 21(B). In the event of death, the salary grant shall be paid to his their beneficiary. Union dues will not be deducted from payout.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Agreement
Payment of Accumulated Sick Leave. Any employee having accrued sick leave to his their credit shall, on retirement or termination, after ten (10) years of continuous service, receive a salary grant in lieu thereof equal to: One half (1/2) of the days accumulated as per 21(B). In the event of death, the salary grant shall be paid to his their beneficiary. Union dues will not be deducted from payout.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Payment of Accumulated Sick Leave. Any employee having accrued sick leave to his credit shall, on retirement or termination, after ten (10) years of continuous service, receive a salary grant in lieu thereof equal to: One half (1/2) of the days accumulated as per 21(B). In the event of death, the salary grant shall be paid to his beneficiary. benef ar Union dues will not be deducted from payout.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Payment of Accumulated Sick Leave. Any employee having accrued sick leave to his credit shall, on retirement or termination, after ten (10) years of continuous service, receive a salary grant in lieu thereof equal to: One half (1/2) of the days accumulated as per 21(B)) . In the event of death, the salary grant shall be paid to his beneficiary. Union dues will not be deducted from payoutpayout .
Appears in 1 contract
Samples: Collective Bargaining Agreement
