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 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: Collective Bargaining Agreement, Collective Bargaining Agreement
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 employee’s '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: Collective Bargaining Agreement, Collective Bargaining Agreement
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 employee’s 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: Collective Bargaining Agreement, Collective Bargaining Agreement
