Common use of Transfer of Benefits Clause in Contracts

Transfer of Benefits. 50.01 Upon appointment from another Part of the Public Service, or another Employer within Part IV of the Public Service, providing no break in service of more than 45 days has occurred, an employee is entitled to, (a) transfer unused sick leave credits up to a maximum of 240 days credit; (b) transfer unused vacation leave and/or non-instructional time credits, up to his maximum annual entitlement or to take cash in lieu, at the employee's option; (c) 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) transfer his accumulated pension credits to any other pension plan that is applicable according to the terms of the reciprocal agreement in effect.

Appears in 3 contracts

Samples: Collective Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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