Common use of Schedule of Early Retirement Payments Clause in Contracts

Schedule of Early Retirement Payments. 7.4.3.1. The early retirement incentive shall consist of cash payments to the teacher according to the schedule below: Age of teacher at retirement: Amount of payment: 54 years or less $35,000 55 years $30,000 56 years $22,000 57-60 $20,000

Schedule of Early Retirement Payments. 7.4.3.1. (a) The early retirement incentive shall consist of cash payments to the teacher according to the schedule below: Age of teacher at retirement: Amount of payment: 54 years or less $35,000 55 years $30,000 25,000 56 years or more $22,000 57-60 $20,00020,000 Note: Notwithstanding the above, the early retirement incentive shall be paid in two instalments consisting of 33 per cent of the amount on September 30 with the balance to be paid on January 31 following.

Schedule of Early Retirement Payments. 7.4.3.1. 7.5.3.1 The early retirement incentive shall consist of cash payments to the teacher according to the schedule below: Age of teacher at retirement: Amount of payment: 54 years or less $35,000 55 years $30,000 56 years $22,000 57-60 $20,00020,000 Note: Notwithstanding the above, the early retirement incentive shall be paid in two installments consisting of 33% of the amount on September 30 with the balance to be paid on January 31 following.

Schedule of Early Retirement Payments. 7.4.3.1. (a) The early retirement incentive shall consist of cash payments to the teacher according to the schedule below: Age of teacher at retirement: Amount of payment: 54 years or less $35,000 55 years $30,000 25,000 56 years or more $22,000 57-60 $20,00020,000 Note: Notwithstanding the above, the early retirement incentive shall be paid in two instalments consisting of 33 percent of the amount on September 30 with the balance to be paid on January 31 following.

Schedule of Early Retirement Payments. 7.4.3.1. (a) The early retirement incentive shall consist of cash payments to the teacher according to the schedule below: Age of teacher at retirement: Amount of payment: 54 years or less $35,000 55 years $30,000 25,000 56 years or more $22,000 57-60 $20,00020,000 Note: Notwithstanding the above, the early retirement incentive shall be paid in two instalments consisting of 33 percent of the amount on September 30 with the balance to be paid on January 31 following.