VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE Sample Clauses

VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. 8.1 An Employee who separates or retires shall be paid separation vacation pay on the basis of the following: Vacation Qualification Vacation Pay 8 weeks 16 % 7 weeks and 2 days 14.8 % 6 weeks and 2 days 12.8% 6 weeks and 1 day 12.4% 6 weeks 12.0% 5 weeks and 4 days 11.6% 5 weeks and 3 days 11.2% 5 weeks and 2 days 10.8% 4 weeks and 4 days 9.6% 4 weeks and 2 days 8.8% 3 weeks and 2 days 6.8% 2 weeks and 2 days 4.8%
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. 13.01 A nurse who separates or retires under the Ontario Municipal Employees Retirement System shall be paid vacation pay on the basis of the following: Vacation Qualification Vacation Pay 28 years 14.00% 20 years 12.00% 12 years 10.00% 3 years 08.00% 1 year 06.00% Effective April 1, 2022: Vacation Qualification Vacation Pay 28 years 14.00% 20 years 12.00% 11 years 10.00% 3 years 08.00% 1 year 06.00% Nurses employed on the date of ratification shall continue to earn vacation at the rates set out in the 1998-2001 Collective Agreement until such time as this Collective Agreement provides a vacation benefit equal or greater to the 1998- 2001 Collective Agreement (see Appendix A).
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. 8.1 An Employee who separates shall be paid separation vacation pay on the basis of the following: Column I Vacation Qualification Column II Vacation Pay 2 weeks 4.0% 3 weeks 6.0% 4 weeks 8.0% 5 weeks 10.0% 6 weeks 12.0% 7 weeks 14.0% 8 weeks 16.0%
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. An employee who separates shall be paid separation vacation pay on the basis of the following: Column
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. A member who retires within the provisions of Pension By-Law 7970, as amended to the date of this Agreement or under the Ontario Municipal Members Retirement System, or on separation from service with the Board is to be paid vacation pay as follows:
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. 4.7 (a) A member who retires within the provisions of the City of Xxxxxxxx Pension By-law Number 7970, as amended to the date of this Agreement and entitled "A By-law to Establish the Hamilton Municipal Retirement Fund", or under the Ontario Municipal Employees Retirement System or on separation from service,
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. 10.1 Vacation qualification and vacation pay to be aligned consistent with the terms of Article 9. Vacation Qualification Vacation Pay 10 weeks 20.0% 9 weeks 18.0% 8 weeks 16.0% 7 weeks 14.0% 6 weeks 12.0% 5 weeks 10.0% 4 weeks 8.0% 3 weeks 6.0% 2 weeks 4.0% Vacation entitlements as set out in Column 2 under the heading "Vacation Pay", shall be the relevant percentage of earnings for the period between the Employee's last anniversary date (immediately preceding the date the Employee separates or retires) and the date the Employee actually separates or retires from employment with the Royal Botanical Gardens.
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. A member who retires within the provisions of the City of Xxxxxxxx Pension By- law Number as amended to the date of this Agreement and entitled "A By- law to Establish the Hamilton Municipal Retirement Fund", or under the Ontario Municipal Employees Retirement System or on separation from service, If the member has qualified under the term of this Agreement for seven (7) weeks vacation with pay in the member's year of retirement or separation from service, is entitled in such event to receive such vacation with pay plus fourteen per cent (14%) of the member's normal rate of pay earned during the period commencing January in the member's year of retirement or separation from service to the effective date of such retirement or separation from service, but such rate of pay does not include overtime, court time or other Notwithstanding Clause (a) for the purpose of calculating the member's pension, the percentage of vacation pay shall be twelve per cent (12%). If the member has qualified under the terms of this Agreement for six (6) weeks vacation with pay in the member's year of retirement or separation from service, is entitled in such event to receive such vacation with pay plus twelve per cent (12%) of the member's normal rate of pay earned during the period commencing January in the member's year of retirement or separation from service to the effective date of such retirement or separation from service, but such rate of pay does not include overtime, court time or other increments, or if the member qualified under the terms of this Agreement for five (5) weeks vacation with pay in the member's year of retirement or separation from service, is entitled in such event to receive such vacation with pay plus ten per cent (10%) of the member's normal rate of pay earned during the period commencing January in the member's year of retirement or separation from service to the effective date of such retirement or separation from service, but such rate of pay does not include overtime, court time or other increments, or if the member has qualified under the terms of this Agreement for four (4) weeks vacation with pay in the member's year of retirement or separation from service, is entitled in such event to receive such vacation with pay plus eight per cent (8%) of the member's normal rate of pay earned during the period commencing January in the member's year of retirement or separation from service to the effective date of such retirement or separation from servi...
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VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE. An Employee who separates shall be paid separation vacation pay on the basis of the following: I Column Vacation Vacation Pay weeks days weeks days weeks weeks + days weeks + days weeks + days weeks + days weeks + days weeks + days Separation vacation entitlements, as set out in Column shall be calculated on the basis of the following, subject to clause 8.2:
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Related to VACATION PAY ON RETIREMENT OR ON SEPARATION FROM SERVICE

  • Separation from Employment Employees who leave the District with a vacation balance shall have their vacation balance cashed out. If vacation is loaded on July 1st, the vacation balance shall be pro-rated prior to cash out.

  • Deduction from Sick Leave A deduction shall be made from accumulated sick leave of all normal working days (exclusive of paid holidays) absent for sick leave.

  • Retirement Severance 33.01 Schedule for severance/retirement pay: Retirement/Severance Pay for PTO* Percent of days' wages at an hourly rate (no shift premium) Years of service 1st thru 20th day of accumulated PTO 21st thru 50th day of accumulated PTO 51st thru 90th day of accumulated PTO 91st day and above of accumulated PTO 5 or more 10% 15% 20% 25% 11 or more 15% 20% 25% 30% 12 or more 20% 25% 30% 35% 13 or more 25% 30% 35% 40% 14 or more 30% 35% 40% 45% 15 or more 35% 40% 45% 50% 20 or more 40% 45% 50% 55% Example: Employee has 27 days of PTO and has worked for L’Anse Creuse Pubic Schools 14 years will be paid out at the rate of 35% of their current daily rate for each of the 27 days.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • RETIREMENT SEVERANCE PAY Any employee who works regularly each week on a permanent part-time basis or on a full-time basis and who has ten or more years of service with the Shaker Heights Board of Education, may elect at the time of his/her retirement from active service (retirement from active service shall mean actual retirement under one of Ohio’s public employee retirement systems or eligibility for retirement under such retirement systems with retirement from the Shaker schools and election to withdraw retirement funds in a lump sum payment) to receive severance pay in an amount equal to: One-fourth (1/4) of his/her unused accumulation at the per diem rate of said employee’s basic contract salary in effect at the time of the last day of employment in Shaker Heights. Supplemental contracts, extended service, overtime or any other compensation will not be included in the calculation.

  • DEDUCTION FROM SALARY A. The Board agrees to deduct from the salaries of its employees dues for the Flemington-Raritan Education Association, Hunterdon County Education Association, the New Jersey Education Association, and the National Education Association, as said teachers individually and voluntarily authorize the Board to deduct. Said deductions shall be made in compliance with N.J.S.A. 52-14-15.9(e) and under rules established by the State Department of Education. Said moneys, together with records of any corrections, shall be transmitted to the Treasurer of the Flemington-Raritan Education Association by the 15th of each month following the monthly pay period in which deductions were made. Upon termination of employment of any teacher, the disbursing officer shall deduct any remaining amount due for that current school year. The Association Treasurer shall disburse such moneys to the appropriate association or associations. Teacher authorizations shall be in writing in the form set forth: AUTHORIZATION TO DEDUCT ASSOCIATION MEMBERSHIP DUES Name Soc. Sec. # School Bldg. District To: Disbursing Officer Board of Education I hereby request and authorize the above-named disbursing officer to deduct from my earnings an amount sufficient to provide for the payment of those yearly membership dues, as certified by the organizations indicated, in equal monthly payments for all or part of the current school year and for the succeeding school year. I understand that the disbursing officer will discontinue such deductions only if I file such notice of withdrawal which shall be effective to halt deductions as of the January 1st or July 1st date. I also agree that upon termination of employment, the disbursing officer shall deduct any remaining amount due for that current school year. I hereby waive all right and claim for said moneys so deducted and transmitted in accordance with this authorization, and relieve the governing Board and all its officers from any liability thereof. I designate the Flemington-Raritan Education Association to receive dues and distribute according to the organizations named: Flemington-Raritan Education Association $ Hunterdon County Education Association $ New Jersey Education Association $ National Education Association $

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