Common use of Calculation of Lump Sum Clause in Contracts

Calculation of Lump Sum. Where an officer has less than 24 years full-time service, the redundancy payment will be calculated on a pro-rata basis for any period where an officer has worked part-time hours during their period of service.

Calculation of Lump Sum. Where an officer has less than 24 years full-time service, the redundancy payment will be calculated on a pro-rata basis for any period where an officer has worked part-time hours during their his or her period of service.

Calculation of Lump Sum. Where an officer has less than 24 years full-full time service, the redundancy payment will be calculated on a pro-pro rata basis for any period where an officer has worked part-part time hours during their his or her period of service.