Common use of Enhanced Early Retirement Clause in Contracts

Enhanced Early Retirement. 25.11.1 Employees engaged by a DHB (or its predecessor) prior to 1 May 1994 are eligible if they are within 10 years of the age eligibility for government superannuation and have a minimum of ten years’ total aggregated service with the employer, with that DHB or contracted out hospital-based Medical Laboratory and one or more other DHBs, and with one or more of the following services: • Public Service • New Zealand Post Office • New Zealand Railways • Any University in New Zealand • Any Health Centre in any New Zealand Polytechnic or College of Education. But excludes any service with any of the above services or with any DHB which has been taken into account for the purposes of calculating any entitlement to a redundancy / severance / early retirement or similar payment from any of the above services or from any DHBs.

Appears in 3 contracts

Samples: Collective Agreement, Employment Agreement, Employment Agreement

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Enhanced Early Retirement. 25.11.1 Employees engaged by a DHB (or its predecessor) prior to 1 May 1994 are eligible if they are within 10 years of the age eligibility for government superannuation and have a minimum of ten years’ total aggregated service with the employer, with that DHB or contracted out hospital-based Medical Laboratory and one or more other DHBs, and with one or more of the following services: Public Service New Zealand Post Office New Zealand Railways Any University in New Zealand Any Health Centre in any New Zealand Polytechnic or College of Education. But excludes any service with any of the above services or with any DHB which has been taken into account for the purposes of calculating any entitlement to a redundancy / severance / early retirement or similar payment from any of the above services or from any DHBs.

Appears in 1 contract

Samples: Employment Agreement

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