Common use of Vacation Credits Upon Termination or Retirement Clause in Contracts

Vacation Credits Upon Termination or Retirement. (a) An employee leaving the Public Service for any reason shall be paid for earned but unused vacation entitlement. (b) An employee scheduled to retire and to receive a superannuation allowance under the Pension (Public Service) Act or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service; however, employees shall not receive full vacation entitlement for more than one year subsequent to the last year in which they were actively at work. (c) The Employer will make every effort to make this payment on the employee's last working day, but in any case will not delay payment beyond the time limitation imposed by the Employment Standards Act.

Appears in 9 contracts

Samples: Main and Subsidiary Agreements, Master and Subsidiary Agreements, Master Agreement

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Vacation Credits Upon Termination or Retirement. β€Œ (a) An employee leaving the Public Service for any reason shall be paid for earned but unused vacation entitlement. (b) An employee scheduled to retire and to receive a superannuation allowance under the Pension (Public Service) Act or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service; however, employees shall not receive full vacation entitlement for more than one year subsequent to the last year in which they were actively at work. (c) The Employer will make every effort to make this payment on the employee's last working day, but in any case will not delay payment beyond the time limitation imposed by the Employment Standards Act.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Bargaining Agreement

Vacation Credits Upon Termination or Retirement. (a) An employee leaving the Public Service for any reason service of the Employer shall be paid for earned but unused vacation entitlemententitlementon a pro-rata basis, except as provided for in Article 11.05(b). (b) An employee scheduled to retire and to receive a superannuation pension allowance under the Municipal Pension (Public Service) Act Plan or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar fiscal year of service; however, employees shall not receive full vacation entitlement for more than one fiscal year subsequent to the last year in which they were actively at work. (c) The Employer will make every effort to make this payment on the employee's last working day, but in any case will not delay payment beyond the time limitation imposed by the Employment Standards Act.

Appears in 1 contract

Samples: Collective Agreement

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Vacation Credits Upon Termination or Retirement. (β€Œ a) An employee leaving the Public Service for any reason service of the Employer shall be paid for earned but unused vacation entitlemententitlement on a pro-rata basis, except as provided for in Article 11.05(b). (b) An employee scheduled to retire and to receive a superannuation pension allowance under the Municipal Pension (Public Service) Act Plan or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar fiscal year of service; however, employees shall not receive full vacation entitlement for more than one fiscal year subsequent to the last year in which they were actively at work. (c) The Employer will make every effort to make this payment on the employee's last working day, but in any case will not delay payment beyond the time limitation imposed by the Employment Standards Act.

Appears in 1 contract

Samples: Collective Agreement

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