VACATION AND RETIREMENT Sample Clauses

VACATION AND RETIREMENT. 12.01 All Full-time Drivers shall accumulate vacation pay and vacation leave at the following rate: completion - 1 year of Full-time employment - 4% and 2 weeks completion - 4 years of Full-time employment - 6% and 3 weeks completion - 9 years of Full-time employment - 8% and 4 weeks completion - 13 years of Full-time employment - 10% and 5 weeks completion – 18 years of Full-time employment – 12% and 6 weeks
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VACATION AND RETIREMENT. 15.01 All Full-time employees shall accumulate vacation pay and vacation leave at the following rate: Completion of 1 year of Full-time employment, vacation pay shall continue to accumulate at 4% and the employee shall be entitled to 2 weeks off. Completion of 5 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 5 years of service, vacation pay shall accumulate at 6%. An employee shall be entitled to 3 weeks off once he has completed 6 years of service. Completion of 10 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 10 years of service, vacation pay shall accumulate at 8%. An employee shall be entitled to 4 weeks off once he has completed 11 years of service. Completion of 20 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 20 years of service, vacation pay shall accumulate at 10%. An employee shall be entitled to 5 weeks off once he has completed 21 years of service.
VACATION AND RETIREMENT. (a) Any Regular Employee:
VACATION AND RETIREMENT. This letter will confirm that it will not be the Company’s practice to require an employee who is retiring to take any of the current years vacation entitlement prior to his retirement, except as required in Article 17.05 (Vacation Shutdown) or as may be required by law.
VACATION AND RETIREMENT. This letter will confirm that it will not be the Company's practice to require an employee who is retiring to take any of the current years vacation entitlement prior to his retirement, except as required in Article (Vacation Shutdown) or as may be required by law. Contracting Out Supporting the Company’s commitment in Section and maintaining the significant reductions made in contractor levels, the Company commits to an ongoing process to continue efforts to reduce the number of contractors performing Production, Development, Maintenance and Services work which is normally performed by employees in our Mines and Plants. Reduction may occur through a combination of actions, which may include elimination of the work, current employees taking on the work or the hiring of additional employees. In order to manage the contracting out the following specific commitments to manage contracting out levels are made for the term of this agreement: At each operation the Chief Xxxxxxx and the Senior Management Representative at the operation will meet monthly to review current and proposed contracting at the operation in order to develop plans to minimize contracting consistent with the factors described in Article of the Collective Agreement. The Business Units will continue to provide the Union with monthly reports of the work contracted and these will be reviewed at the Management meetings as provided for in Article (Union-Management Meetings) of the Collective Agreement. This review will:
VACATION AND RETIREMENT. 12.01 All Drivers will accumulate vacation pay and vacation leave at the following rate:
VACATION AND RETIREMENT. 12.01 All Full-time Operators will accumulate vacation pay and vacation leave at the following rate: completion - 1 year of Full-time employment - 4% and 2 weeks completion - 4 years of Full-time employment - 6% and 3 weeks completion - 9 years of Full-time employment - 8% and 4 weeks completion -13 years of Full-time employment -10% and 5 weeks
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VACATION AND RETIREMENT. I All Full-time employees will accumulate vacation pay and vacation leave at the following rate: Completion of I year of Full-time employment, vacation pay will continue to accumulate at and the employee will be entitled to weeks off. Completion of years of Full-time employment, beginningwith the first pay period in the month after an employee has completed years of service, vacation pay will accumulate at An employee will be entitled to weeks off once he has completed years of service. Completion of IO years of Full-time employment. beginning with the first pay period in the month after an employee has completed IO years of service. vacation pay will accumulate at An employee will be entitled to weeks off once he has completed I I years of service. Completion of years of Full-time employment, beginningwith the first pay period in the month after an employee has completed years of service. vacation pay will accumulate at An employee will be entitled to weeks off once he has completed years of service. Vacation pay for Part-time employees will accumulate at the rate of until they have completed six years of continuous service and six percent thereafter. Vacation pay will be paid to full-time employees by direct deposit at the time the pay period is processed, in which the vacation days, to which the vacation pay relates, fall. With advance notice to payroll, an employee can ask for payout of accumulated Vacation Pay provided the Employee has taken the required by Law vacation time off in any calendar year. Vacations will be subject to approval by management and the operating requirements of the Company. Restrictions may be placed on the time of vacation, number of consecutive weeks and the number of employees off by job classification at the same time. Vacation will be requested on a seniority basis.
VACATION AND RETIREMENT. Mx. Xxx hereby affirms his intent to retire from his employment with the Company effective as of April 28, 2008. During the period beginning March 17, 2008 and ending April 28, 2008, Mx. Xxx shall be available to provide transitional support to the new Chief Financial Officer of the Company and shall continue to be entitled to participate in all employee benefit plans and programs which are provided to salaried employees employed by the Company at the Company’s offices at 3000 Xxxx Xxxxx Xxxx, Xxxxxxx, Xxx Xxxx 00000 (such offices being hereinafter the “Buffalo Office”). It is understood and agreed that Mx. Xxx has five (5) weeks of paid vacation available to him and that, accordingly, Mx. Xxx shall not be required to report to the offices of the Company during the period beginning March 18, 2008 and ending April 28, 2008. In connection with the foregoing, the Company shall pay Mx. Xxx his regular wages through March 28, 2008 and shall pay Mx. Xxx for his accrued and unused vacation during the period beginning March 29, 2008 through April 28, 2008. The payments required to be made to Mx. Xxx pursuant to this Section 2 shall be made to Mx. Xxx in accordance with the Company’s standard payroll practices for employees employed at the Buffalo Office.

Related to VACATION AND RETIREMENT

  • Retirement Retirement" shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

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