Retirement Incentive. (a) The level of incentive is calculated on the basis of the difference between the annual salary for a First Class Firefighter and a Probationary Firefighter over the three and one-half (3 ½) year progression period.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Retirement Incentive. (a) The level of incentive is calculated on the basis of the difference between the annual salary for a First Class Firefighter (plus the appropriate Professional Recognition pay being earned) and a Probationary “new hire” Firefighter over the three and one-half a five (3 ½5) year progression period.
Appears in 3 contracts
Samples: 2018 2020 Collective Agreement, Collective Agreement, Collective Agreement
Retirement Incentive. (a) The level of incentive is calculated on the basis of the difference between the annual salary for a Senior First Class Firefighter firefighter (9% recognition pay) and a Probationary “new hire” Firefighter over the three and one-half a five (3 ½5) year progression period.
Appears in 1 contract
Samples: Agreement
