Settlement Allowance. 34.01 A Settlement Allowance will be paid to all permanent employees, and paid on a pro-rated basis to part time employees. 34.02 The amount of Settlement Allowance paid will be four thousand one hundred and fifty dollars ($4,150) per year. Effective December 1, 2003, the amount of Settlement Allowance paid will be four thousand five hundred dollars ($4,500) per year.
Appears in 1 contract
Samples: Collective Agreement
Settlement Allowance. 34.01 A Settlement Allowance will be paid to all permanent employees, and paid on a pro-rated basis to part time employees.
34.02 . The amount of Settlement Allowance paid will be four thousand one hundred and fifty dollars Six Thousand Five Hundred Dollars ($4,150) per year6,500.00)per annum. Effective December 1, 2003, April the amount of Settlement Allowance paid will be four thousand five hundred dollars ($4,500) per year.preceding is replaced the following language:
Appears in 1 contract
Samples: Collective Agreement
Settlement Allowance. 34.01 47.01 A Settlement Allowance will be paid to all permanent employees, and paid on a pro-rated basis to part time employees.
34.02 The every employee in the amount of Settlement Allowance paid will be four eight thousand one hundred and fifty dollars ($4,150) per year8000), prorated to an hourly rate and paid to all employees for all regular hours of work. Effective December April 1, 2003, the amount of Settlement Allowance paid will 2004 settlement allowance shall be four based on eight thousand five six hundred dollars ($4,5008,600) per year.
Appears in 1 contract
Samples: Collective Agreement
Settlement Allowance. 34.01 A Settlement Allowance will be paid to all permanent employees, and paid on a pro-rated basis to part time employees.
34.02 . The amount of Settlement Allowance paid will be six thousand and four thousand one hundred and fifty dollars ($4,150) per year. Effective December 1, 2003, the amount of Settlement Allowance paid will be four thousand five hundred dollars ($4,500) per year6,400).
Appears in 1 contract
Samples: Collective Agreement