Examples of Voluntary Retirement in a sentence
The Employer will have the discretion to participate in a Voluntary Separation Incentive Program or a Voluntary Retirement Incentive Program, if such programs are provided for in the 2021-20232025-2027 operating budget.
At any time during the life of the Collective Agreement, an employee may apply for an incentive under the Voluntary Retirement Incentive Program or for a voluntary severance payout pursuant to the amounts in Article of the Collective Agreement The Association acknowledges that the approval of such applications rests solely with the Company.
Incentive (#1) who do not make application to the first offering of the Voluntary Retirement Termination Incentive Program, shall be eligible to reapply to subsequent offers with the understanding that their incentive shall be capped at 30 weeks maximum.