Common use of Termination Consideration Clause in Contracts

Termination Consideration. 22.1 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee shall receive in salary equivalent one-half (1/2) of their accumulated sick leave up to a maximum of 240 hours. Upon retirement or death, the employee will be paid one- half 1/2) of their unused sick leave. 22.2 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee shall receive all vacation earned up to the date of termination regardless of anniversary date. 22.3 Upon written notification of retirement, an employee may begin to draw sick leave separation pay up to 18 months prior to the employee's last day of employment: The separation pay shall be computed at the rate of pay in effect when the employee receives the pay. The employee shall give notice of retirement prior to August 1 at of the year in which payment is to be received.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Termination Consideration. 22.1 26.1 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee he/she shall receive in salary equivalent one-half (1/2) of their his/her accumulated sick leave up to a maximum of 240 hoursthirty (30) days. Upon retirement or death, the employee he/she will be paid one- one-half (1/2) of their his/her unused sick leave. 22.2 26.2 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee he/she shall receive all vacation earned up to the date of termination regardless of anniversary date. 22.3 Upon written notification of retirement, an 26.3 An employee may begin to draw sick leave separation pay up to 18 months prior to the employee's last day date of employment: The separation . Separation pay shall be computed at the rate of pay in effect when the employee receives the pay. The pay and the employee shall give notice of retirement prior to the separation on August 1 at 1st of the year in which the first payment is to be received.

Appears in 1 contract

Samples: Labor Agreement

Termination Consideration. 22.1 26.1 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee they shall receive in salary equivalent one-one- half (1/2) of their accumulated sick leave up to a maximum of 240 hoursthirty (30) days. Upon retirement or death, the employee they will be paid one- one-half (1/2) of their unused sick leave. 22.2 26.2 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee they shall receive all vacation earned up to the date of termination regardless of anniversary date. 22.3 Upon written notification of retirement, an 26.3 An employee may begin to draw sick leave separation pay up to 18 months prior to the employee's last day date of employment: The separation . Separation pay shall be computed at the rate of pay in effect when the employee receives the pay. The pay and the employee shall give notice of retirement prior to the separation on August 1 at 1st of the year in which the first payment is to be received.

Appears in 1 contract

Samples: Labor Agreement

Termination Consideration. 22.1 25.1 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee they shall receive in salary equivalent one-half (1/2) of their accumulated sick leave up to a maximum of 240 500 hours. Upon retirement or death, the employee they will be paid one- one-half (1/2) of their unused sick leave. 22.2 25.2 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee they shall receive all vacation earned up to the date of termination regardless of anniversary date. 22.3 25.3 Upon written notification of retirement, an employee may begin to draw sick leave separation pay up to 18 eighteen (18) months prior to the employee's last day of employment: . The separation pay shall be computed at the rate of pay in effect when the employee receives the pay. The employee shall give notice of retirement prior to August 1 at 1st of the year in which payment is to be received.

Appears in 1 contract

Samples: Labor Agreement

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Termination Consideration. 22.1 25.1 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee they shall receive in salary equivalent one-half (1/2) of their accumulated sick leave up to a maximum of 240 hoursthirty (30) days. Upon retirement or death, the employee they will be paid one- one-half (1/2) of their unused sick leave. 22.2 25.2 When an employee leaves the employment of the City in good standing, with at least three (3) years of service, the employee they shall receive all vacation earned up to the date of termination regardless of anniversary date. 22.3 Upon written notification of retirement, an 25.3 An employee may begin to draw sick leave separation pay up to 18 months prior to the employee's last day date of employment: The separation . Separation pay shall be computed at the rate of pay in effect when the employee receives the pay. The pay and the employee shall give notice of retirement prior to the separation on August 1 at 1st of the year in which the first payment is to be received.

Appears in 1 contract

Samples: Labor Agreement

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