RETIREMENT ALLOWANCES. A. Curriculum Leaders who retire under the provisions of the Pennsylvania Employees Retirement System are eligible to participate in the Retirement Allowance programs provided in the professional employees Collective Bargaining Agreement.
RETIREMENT ALLOWANCES. In consideration of long service, an employee who retires under the terms of the Public Sector Pension Plans Act, shall receive as a retiring allowance the following sums:
RETIREMENT ALLOWANCES. After a custodian has been working for the School Committee for a period of ten (10) years and has reached the age of 55, such custodian shall be paid upon retirement an allowance which will be calculated by multiplying forty ($40) dollars up to a maximum of 160 accumulated sick leave days. Payment will be made in the final paycheck provided the Committee is advised in writing of the intent to do so at least ninety (90) days in advance. If an employee provides the Committee six month’s notice in writing of his or her intention to retire they will receive an additional $1,500.
RETIREMENT ALLOWANCES. Article IV, Benefits Article IV, Benefits shall be amended as follows:
RETIREMENT ALLOWANCES. (a) Prior to issuing notice of layoff pursuant to article 13.02 in any classification(s), the Hospital will offer early retirement allowance to a sufficient number of employees eligible to early retirement under HOOPP within the classification (s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 13.02.
RETIREMENT ALLOWANCES. Section 1. Engineers on affected seniority districts may, at the Company's option, be given an opportunity to resign and accept a retirement allowance. The amount of the retirement allowance will be based upon the age of the Engineer as of his nearest birthday on the date such allowance is offered. The amount of the allowance will be: Age At Nearest Birthday Allowance 64 and under 12 months' pay 65 10 months' pay 66 8 months' pay 67 6 months' pay 68 and over 4 months' pay In determining retirement allowances, the appropriate number of months' pay will correspond with the earnings in the number of months provided immediately preceding the last day of compensated service. For the purpose of this Agreement, the ages and birth dates of Engineers will be those shown in the records of the Carrier.
RETIREMENT ALLOWANCES. (a) The Retirement Allowance for each Executive is the sum of the following amounts calculated by the Company, acting reasonably:
RETIREMENT ALLOWANCES. An employee who retires under the terms of the Public Service Superannuation Act, or who has reached the mandatory retirement age of 65, in consideration of long service, shall receive as a retiring allowance the following sums:
RETIREMENT ALLOWANCES. Preamble: • All employees hired on or after the date of ratification [November 16th, 2020] will not be eligible for the retirement allowance as per Article 42. • All employees within the bargaining unit at the date of ratification will continue to accumulate service towards the retirement allowance calculation.
RETIREMENT ALLOWANCES. In consideration of long service at BC Assessment, an employee who retires under the terms of the Public Sector Pension Plans Act, shall receive as a retiring allowance the following sums:
