Common use of Proration - Upon Termination of or Retirement from Service Clause in Contracts

Proration - Upon Termination of or Retirement from Service. If an Officer should terminate or retire from employment with the Employer, the Employer shall deduct from such employees final paycheck a sum equal to: $1,250.00 or $850 as applicable x the number of full months remaining in the year divided by 12.

Appears in 2 contracts

Samples: dam.assets.ohio.gov, An Agreement

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Proration - Upon Termination of or Retirement from Service. If an Officer should terminate or retire from employment with the Employer, the Employer shall deduct from such employees employee's final paycheck a sum equal to: $1,250.00 or $850 as applicable x the number of full months remaining in the year divided by 12.

Appears in 2 contracts

Samples: dam.assets.ohio.gov, An Agreement

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Proration - Upon Termination of or Retirement from Service. If an Officer should terminate or retire from employment with the Employer, the Employer shall deduct from such employees employee’s final paycheck a sum equal to: $1,250.00 or $850 as applicable x the number of full months remaining in the year divided by 12.

Appears in 2 contracts

Samples: serb.ohio.gov, serb.ohio.gov

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