Voluntary Resignation Before Retirement. An employee who has ten (10) or more years of continuous service and who voluntarily resigns will be paid, subject to Article 18.05, an amount equal to one-half week's pay for each completed year of continuous service, less any period in respect of which the employee was previously granted termination compensation, up to a maximum of fifteen (15) weeks' pay.
Voluntary Resignation Before Retirement. An employee who is under age 55, has ten or more years of continuous service and who voluntarily resigns will be granted termination compensation equal to one-half week's pay for each completed year of continuous service at November 1, 1996 (less any period in respect of which termination compensation, retiring leave or a cash gratuity has previously been granted) up to a maximum of 15 weeks' pay. The rate of pay for the purpose of this benefit will be the employee's rate of pay at November 1, 1996. For Theratronics employees (former Local 70106), the rate of pay for the purposes of this benefit will be the employee’s rate of pay at March 31, 1999.
Voluntary Resignation Before Retirement. Employees hired on or before March who voluntarily resign with ten or more years of continuous service will be granted severance compensation equal to week’s pay for each completed year of continuous service (less any period in respect of which severance compensation, retiring leave or a cash gratuity has previously been granted) up to a maximum of weeks’ pay. Employees hired on or after April are not eligible for this benefit.
Voluntary Resignation Before Retirement. Any employee who has or more years of continuous service will be paid, subject to an amount equal to week's pay for each completed year's service, less any period of service in respect of which was previously granted termination compensation, to a maximum of weeks' pay. Re t Compensation on retirement will be on the following basis, and other regulations will be as specified in the relevant Company procedure (currently 271.2): an employee who on termination is entitled to an immediate annuity, or who has attained the age of and is entitled to an immediate annual allowance, under the Public Service Superannuation Act, will be paid an amount equal to week's pay for each completed year of continuous service, less any period of service in respect of which was previously granted termination compensation, up to a maximum of weeks' pay. Vacation Credit Xxxx t On termination, an employee will be compensated for all vacation leave earned but not used and all leave in excess of that earned will be recovered. However, if the termination is due to death, disability or layoff and if the employee has used more vacation, sick or special leave than has earned, then the amount used will be considered earned.
Voluntary Resignation Before Retirement. Retirement Article Performance Appraisal Article Duration and Amendment of Agreement Signatures to the Collective Agreement Extract Appendix " A" Classification Grouping and Schedule Appendix Vacation Plan Appendix Supplementary Letter
