Common use of Calculation of Award Clause in Contracts

Calculation of Award. The salary which shall be used to calculate the amount of the Retirement allowance in accordance with this Article shall be the salary which the employee was receiving on the date of the termination of employment or the salary used in the calculation of a pension under the Public Service Superannuation Act, whichever is greater.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Calculation of Award. The salary which shall be used to calculate the amount of the Retirement allowance Allowance in accordance with this Article shall be the salary which the employee was receiving on the date of the termination of his/her employment or the salary used in the calculation of a pension under the Public Service Superannuation Act, whichever is greater.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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