Common use of Transfer of Benefits Clause in Contracts

Transfer of Benefits. 46.01 Upon transfer from Parts I, III or IV of the Public Service or transfer to Parts I, or III of the Public Service (a) An employee is entitled to transfer unused sick leave credits up to a maximum of two-hundred and forty (240) days credit; (b) An employee is entitled to transfer unused vacation leave credits or to take cash in lieu, at the employee’s option; (c) An employee is entitled to include the number of years continuous employment in the Public Service for purposes of calculating Vacation Leave and Retirement Allowance entitlements. The total number of years of continuous employment cannot be included when the employee’s terms and conditions of employment immediately prior to transfer did not include a retirement allowance provision. (d) An employee is entitled to transfer accumulated pension credits where a reciprocal agreement exists between the two (2) plans.

Transfer of Benefits. 46.01 49.01 Upon transfer from Parts I, III or IV of the Public Service or transfer to Parts I, or III of the Public Service (a) An employee is entitled to transfer unused sick leave credits up to a maximum of two-hundred and forty (240) days credit; (b) An employee is entitled to transfer unused vacation leave credits or to take cash in lieu, at the employee’s option; (c) An employee is entitled to include the number of years continuous employment in the Public Service for purposes of calculating Vacation Leave vacation leave and Retirement Allowance entitlements. The total number of years of continuous employment cannot be included when the employee’s terms and conditions of employment immediately prior to transfer did not include a retirement allowance provision. (d) An employee is entitled to transfer accumulated pension credits where a reciprocal agreement exists between the two (2) plans.