Common use of Pension and Flexible Pension and Retirement (FPU Clause in Contracts

Pension and Flexible Pension and Retirement (FPU. 1 The employer may grant employees an honourable discharge on reaching the age of entitlement to a state old-age pension or any earlier retirement date. 2 The employer shall discharge employees who request it with a view to receiving an FPU benefit after entitlement to that benefit has been granted by virtue of the FPU scheme. 3 The discharge referred to in the second paragraph shall not take effect earlier than the date on which the employee becomes entitled to the FPU benefit. 4 The employer may also grant the discharge referred to in the second paragraph at the request of the employee for a portion of the employee’s working hours, unless the interests of the institution dictate otherwise. The discharge shall amount to at least 10% of the employee’s working hours. If the employee has already been granted partial discharge with a view to receiving a FPU benefit, a subsequent discharge shall be granted for at least 10% of the original working hours. 5 The second to fifth paragraphs of Article 12.2 shall as far as possible apply mutatis mutandis. Article 12.6 Failure to resume work on time 1 For the purposes of this chapter, employees who fail to resume work on time after being granted special long-term leave which has not been extended shall be regarded as having submitted their resignation.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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