Common use of Early Retirement Clause in Contracts

Early Retirement. A full-time Faculty Member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employee, with the percentage of workload to be mutually acceptable to the Employer and the Employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 6 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Early Retirement. A full-time Faculty Memberfulltime faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload work load to be mutually acceptable to the Employer College and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 6 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload to be mutually acceptable to the Employer and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Bargaining Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload work load to be mutually acceptable to the Employer College and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workloadwork load.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Early Retirement. A full-time Faculty Member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employee, with the percentage of workload to be mutually acceptable to the Employer and the Employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-fifty- five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload work load to be mutually acceptable to the Employer College and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload to be mutually acceptable to the Employer College and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeetimeemployee, with the percentage of workload to be mutually acceptable to the Employer and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall benefitsshall be prorated in proratedin accordance with the percentage of workload.

Appears in 1 contract

Sources: Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload to be mutually acceptable to the Employer College and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Sources: Collective Agreement

Early Retirement. A full-time Faculty Memberfulltime faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload work load to be mutually acceptable to the Employer College and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Sources: Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload to be mutually acceptable to the Employer and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Sources: Collective Agreement

Early Retirement. A full-time Faculty Memberfaculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time Employeeemployee, with the percentage of workload to be mutually acceptable to the Employer and the Employeeemployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Sources: Collective Agreement