Common use of Special Early Allowance Clause in Contracts

Special Early Allowance. The special early allowance shall be payable for employees age 55 with 30 or more years of service as follows: February 1, 2016 $2000.00 per month February 1, 2017 $2000.00 per month February 1, 2018 $2000.00 per month The calculation of this benefit shall be deemed to include the supplementary benefit without regard to any statutory benefits and is payable to age 60.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Special Early Allowance. The special early allowance shall be payable for employees age 55 with 30 or more years of service as follows: February June 1, 2016 2019 $2000.00 2,000.00 per month February June 1, 2017 2020 $2000.00 2,000.00 per month February June 1, 2018 2021 $2000.00 2,000.00 per month The calculation of this benefit shall be deemed to include the supplementary benefit without regard to any statutory benefits and is payable to age 60.

Appears in 1 contract

Samples: Collective Agreement

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Special Early Allowance. The special early allowance shall be payable for employees age 55 with 30 or more years of service as follows: February 1, 2016 2013 $2000.00 per month February 1, 2017 2014 $2000.00 per month February 1, 2018 2015 $2000.00 per month The calculation of this benefit shall be deemed to include the supplementary benefit without regard to any statutory benefits and is payable to age 60.

Appears in 1 contract

Samples: Collective Agreement

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