Common use of Vacation Leave on Retirement Clause in Contracts

Vacation Leave on Retirement. Employees leaving on Superannuation, or upon leaving at reaching maximum retirement age, are entitled to full vacation in the year they leave.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Vacation Leave on Retirement. Employees leaving on Superannuationsuperannuation, or upon leaving at reaching maximum retirement age, are entitled to vacation as follows: (a) if retiring prior to April 1st, they receive one-half of the annual vacation; (b) if retiring April 1st or later, they receive the full vacation in the year they leaveannual vacation.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Vacation Leave on Retirement. Employees leaving on Superannuation, or upon leaving at reaching maximum retirement age, are entitled to full vacation in the year they leave.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Vacation Leave on Retirement. Employees leaving on Superannuationsuperannuation, or upon leaving at reaching maximum retirement age, are entitled to vacation as follows: (a) if retiring prior to April 1, they receive one-half (½) of the usual annual vacation; (b) if retiring April 1 or later, they receive the full vacation in the year they leaveannual vacation.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!