Vacation Leave on Retirement. (a) An employee scheduled to retire and to receive a superannuation allowance under the Public Sector Pension Plan Act, or the RRSP Plan pursuant to Article 32, or who has reached the mandatory retiring age, shall be granted vacation entitlement earned to date of retirement. Providing his service or combined service is ten years or more, they shall receive, in addition, a retirement bonus equal to forty hours at his basic pay.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Vacation Leave on Retirement. (a) β An employee scheduled to retire and to receive a superannuation allowance under the Pension (Public Sector Pension Plan Service) Act, or the RRSP Pension Plan pursuant to Article 32, or who has reached the mandatory retiring age, shall be granted vacation entitlement earned to date of retirement. Providing his service or combined service is ten 10 years or more, they he shall receive, in addition, a retirement bonus equal to forty 40 hours at his basic pay.
Appears in 2 contracts
Samples: Government and Service Employees, Sixth Collective Agreement
Vacation Leave on Retirement. (a) An employee scheduled to retire and to receive a superannuation allowance under the Pension (Public Sector Pension Plan Service) Act, or the RRSP Pension Plan pursuant to Article 32, or who has reached the mandatory retiring age, shall be granted vacation entitlement earned to date of retirement. Providing his service or combined service is ten 10 years or more, they he shall receive, in addition, a retirement bonus equal to forty 40 hours at his basic pay.
Appears in 1 contract
Samples: Sixth Collective Agreement