Common use of Separation Provision Clause in Contracts

Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options or as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to Separation Allowance The separation allowance shall consist of three (3) weeks of basic pay (twenty-one days at the calendar rate) for each year of cumulative compensated service*to a maximum of seventy-five per cent (75%)the Officer could earn at this basic rate prior to age sixty-five (65). A pro rated payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated Service shall be defined as:

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options or as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to Separation Allowance The separation allowance shall consist of three (3) weeks of basic pay (twenty-one days at the calendar rate) for each year of cumulative compensated service*to service* to a maximum of seventy-five per cent (75%)the 75%) the Officer could earn at this basic rate prior to age sixty-five (65). A pro rated payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated Service shall be defined as:

Appears in 1 contract

Samples: Collective Agreement

Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options or as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to Separation Allowance The separation allowance shall consist of three (3) weeks of basic pay (twenty-one days at the calendar rate) for each year of cumulative compensated service*to service" to a maximum of seventy-five per cent (75%)the the Officer could earn at this basic rate prior to age sixty-five (65). A pro rated payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated Service shall be defined as:

Appears in 1 contract

Samples: Collective Agreement

Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options or as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to Separation Allowance The separation allowance shall consist of three (3) weeks of basic pay (twenty-one days at the calendar rate) for each year of cumulative compensated service*to a maximum of seventy-five per cent (75%)the Officer could earn at this basic rate prior to age sixty-five (65). A pro rated payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated Service shall be defined as:

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options or as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to Separation Allowance The separation allowance shall consist of three (3) weeks of basic pay (twenty-one days at the calendar rate) for each year of cumulative compensated service*to a maximum of seventy-five per cent (75%)the Officer could earn at this basic rate prior to age sixty-five (65). A pro rated payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated CumulativeCompensated Service shall be defined as:

Appears in 1 contract

Samples: Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!