Corrections Early Retirement Incentive Sample Clauses

Corrections Early Retirement Incentive. Please refer to Article 23, Corrections Early Retirement Incentive.
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Corrections Early Retirement Incentive a. Effective October 24, 2007, any supervisor who attains the age of fifty-five (55) and is covered by the Correctional Early Retirement Plan may opt during the pay period of their fifty-fifth (55th) birthday or any pay period thereafter to take advantage of the early retirement incentive. Any supervisor covered by the Correctional Early Retirement Plan who retires prior to October 24, 2007 may take advantage of the early retirement incentive provided such supervisor retires in the pay period in which he/she attains the age of fifty-five (55). A supervisor attaining the age of fifty-five (55) prior to October 24, 2007 and who elected not to retire during the pay period in which they turned fifty-five (55) are no longer eligible for this benefit. Supervisors exercising this option must be eligible for insurance coverage under the provisions of this Article and shall be provided with health and dental insurance which the supervisor was entitled to at the time of retirement, subject to any changes in coverage in accordance with this or any subsequent Agreement. Supervisors eligible to receive an Employer Contribution for medical and dental coverage immediately prior to taking advantage of the early retirement incentive shall continue to receive an Employer Contribution as set forth below for themselves and their enrolled dependents until the supervisor attains the age of sixty-five (65). A supervisor who retires with no Employer Contribution for dependent coverage or who terminates dependent coverage following retirement, shall not subsequently be eligible for a contribution for dependent coverage. Receipt of early retirement insurance benefits is contingent upon completion of all the required forms and continued payment of the required premium.
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Corrections Early Retirement Incentive. Please refer to Article 23, Correctional Employees Retirement Plan.
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Corrections Early Retirement Incentive. Please refer to Article 23, Corrections Early 17 Retirement Incentive.
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Corrections Early Retirement Incentive. Please refer to Article 22.
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Corrections Early Retirement Incentive. Please refer to Article 23, Correctionals 2 Employees Early Retirement Plan Incentive.
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Corrections Early Retirement Incentive. Please refer to Article 23, Corrections Early 9 Retirement Incentive.
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Corrections Early Retirement Incentive 
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Related to Corrections Early Retirement Incentive

  • Early Retirement An employee entitled to twenty-five (25) or more days of annual vacation shall be entitled to defer up to five (5) days per year of vacation into an Early Retirement Bank. An employee entitled to thirty (30) or more days of annual vacation shall be entitled to defer up to ten (10) days per year of vacation into an Early Retirement Bank. Such deferred vacation may only be taken immediately prior to retirement. The Employer may, at its sole discretion, permit an employee to use such banked vacation under other circumstances.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.