Common use of Public Service Award Clause in Contracts

Public Service Award. 26.01 (a) Subject to Article 26.01 (a) below, an employee who was employed on or before April 1, 2015 and ceases to be employed after April 1, 2015 either by retirement or resignation from employment, and is immediately eligible for and immediately accepts a pension pursuant to the provisions of the Employer’s pension plan, shall be granted a Public Service Award equal to one (1) week’s pay for each year of full-time service to a maximum of twenty-six (26) years. The amount will include a prorated payment for a partial year of service. (b) The amount of Public Service Award provided under Article 26.01 (a) shall be calculated by the formula:

Public Service Award. 26.01 (a) Subject to Article 26.01 (a) below, an employee An Employee who was employed on or before April 1, 2015 and ceases to be employed after April 1, 2015 either by retirement or resignation from employment, and is immediately eligible for and immediately accepts a pension pursuant to the provisions of the Employer’s pension plan, shall be granted a Public Service Award equal to one (1) week’s pay for each year of full-time service to a maximum of twenty-six (26) years. The amount will include a prorated payment for a partial year of service. (b) The amount of Public Service Award provided under Article 26.01 (a) shall be calculated by the formula:

Public Service Award. 26.01 (a) Subject to Article 26.01 (a) below, an employee An Employee who was employed on or before April 1, 2015 and ceases to be employed after April 1, 2015 either by retirement or resignation from employment, and is immediately eligible for and immediately accepts a pension pursuant to the provisions of the Employer’s pension plan, shall be granted a Public Service Award equal to one (1) week’s pay for each year of full-time service to a maximum of twenty-six (26) years. The amount will include a prorated payment for a partial year of service. (b) The amount of Public Service Award provided under Article 26.01 26.01 (a) shall be calculated by the formula:

Public Service Award. 26.0134.01 Public Service Award (a) Subject to Article 26.01 (a34.02(a) below, an aAn employee who was employed on or before April 1, 2015 and who ceases to be employed after April 1, 2015 either by retirement or resignation from employment, and is immediately eligible for and immediately accepts a pension pursuant to the provisions of the Employer’s pension planPublic Service Superannuation Act, shall be granted a Public Service Award equal to one (1) week’s pay for each year of full-time service to a maximum of twenty-six (26) years. The amount will include a prorated pro- rated payment for a partial year of service. (b) The amount of Public Service Award provided under Article 26.01 34.01 (a) shall be calculated by the formula:: Annual Salary on April 1, 2015 = 1 week

Public Service Award. 26.01 (a) Subject to Article 26.01 (a) below, an employee who was employed on or before April 1, 2015 and ceases to be employed after April 1, 2015 either by retirement or resignation from employment, and is immediately eligible for and immediately accepts a pension pursuant to the provisions of the Employer’s pension plan, shall be granted a Public Service Award equal to one (1) week’s pay for each year of full-time service to a maximum of twenty-six (26) years. The amount will include a prorated payment for a partial year of service. (b) The amount of Public Service Award provided under Article 26.01 26.01 (a) shall be calculated by the formula: