Common use of EARNED RETIREMENT Clause in Contracts

EARNED RETIREMENT. 7 (1) Effective upon the implementation date of the 2013 agreement payment of 8 accrued paid leave hours (vacation, compensatory time, personal days and holiday 9 accrued time) will be made in a lump sum at the time of retirement. Such 10 retirement payments shall be calculated at the rate of pay in effect for such 11 employee on the last day of work 12

EARNED RETIREMENT. 7 23 (1) Effective upon the implementation date of the 2013 agreement payment of 8 24 accrued paid leave hours (vacation, compensatory time, personal days and 25 holiday 9 accrued time) will be made in a lump sum at the time of 26 retirement. Such 10 retirement payments shall be calculated at the rate of pay 27 in effect for such 11 employee on the last day of work 1228

EARNED RETIREMENT. 7 12 (1) Effective upon the implementation date of the 2013 agreement payment of 8 13 accrued paid leave hours (vacation, compensatory time, personal days and holiday 9 14 accrued time) will be made in a lump sum at the time of retirement. Such 10 15 retirement payments shall be calculated at the rate of pay in effect for such 11 16 employee on the last day of work 1217