Common use of Retirement Conversion Clause in Contracts

Retirement Conversion. Upon retirement, banked sick leave accrued prior to January 1, 2006, will be recognized as credited service for pension purposes (excluding ▇▇▇▇-▇▇▇▇▇▇▇ plans).

Appears in 8 contracts

Sources: National Agreement, National Agreement, National Agreement

Retirement Conversion. Upon retirement, banked sick leave accrued prior to January 1, 2006, will be recognized as credited service for pension purposes (excluding ▇▇▇▇-▇▇▇▇▇▇▇ plans).. Healthcare Reimbursement Account (HRA). A Healthcare Reimbursement Account (HRA) will be set up for eligible employees who become plan participants when they retire in accordance with

Appears in 4 contracts

Sources: National Agreement, National Agreement, National Agreement

Retirement Conversion. Upon retirement, banked sick leave accrued prior to January 1, 2006, will be recognized as credited service for pension purposes (excluding ▇▇▇▇-▇▇▇▇▇▇▇ plans). Healthcare Reimbursement Account (HRA). A Healthcare Reimbursement Account (HRA) will be set up for eligible employees who become plan participants when they retire in accordance with the plan document.

Appears in 3 contracts

Sources: National Agreement, National Agreement, National Agreement

Retirement Conversion. Upon retirement, banked sick leave Banked ▇▇▇▇ Leave accrued prior to January 1, 2006, 2006 will be recognized as credited service for pension purposes (excluding ▇▇▇▇-▇▇▇▇▇▇▇ plans). Banked Sick Leave accrued after December 31, 2005 will be converted to vacation and paid out at 50% of value and will also be recognized as credited service for pension plan calcu- lation purposes.

Appears in 1 contract

Sources: National Agreement