Final Average Compensation. The employee's best two (2) years of credited service prior to termination of employment shall be computed as final average compensation. Sick leave benefits, Xxxxxx's Compensation payments (weekly payments only) and layoff benefits shall be included when figuring final average compensation and credited service, contingent upon the employee's contribution of five percent (5%) of the benefits received within twelve (12) months of return from such leave or layoff.
Appears in 1 contract
Samples: Letter of Agreement
Final Average Compensation. The employee's best two (2) years of credited service prior to termination of employment shall be computed as final average compensation. Sick leave benefits, Xxxxxx's Compensation payments (weekly payments only) and layoff benefits shall be included when figuring final average compensation and credited service, contingent upon the employee's contribution of five one-half percent (5.5%) of the benefits received within twelve (12) months of return from such leave or layoff.twelve
Appears in 1 contract
Samples: Letter of Agreement
Final Average Compensation. The employee's best two (2) years of credited service prior to termination of employment shall be computed as final average compensation. Sick leave benefits, XxxxxxWorker's Compensation payments (weekly payments only) and layoff benefits shall be included when figuring final average compensation and credited service, contingent upon the employee's contribution of five percent (5%) ), or effective ratification of the 2010-2012 Collective Bargaining Agreement seven percent (7%), of the benefits received within twelve (12) months of return from such leave or layoff.
Appears in 1 contract
Samples: Labor Agreement
Final Average Compensation. The employee's best two (2) years of credited service prior to termination of employment shall be computed as final average compensation. Sick leave benefits, XxxxxxWorker's Compensation payments (weekly payments only) and layoff benefits shall be included when figuring final average compensation and credited service, contingent upon the employee's contribution of five percent (5%) of the benefits received within twelve (12) months of return from such leave or layoff.
Appears in 1 contract
Samples: Letter of Agreement
Final Average Compensation. The employee's best two (2) years of credited service prior to termination of employment shall be computed as final average compensation. Sick leave benefits, XxxxxxWorker's Compensation payments (weekly payments only) and layoff benefits shall be included when figuring final average compensation and credited service, contingent upon the employee's contribution of five one-half percent (5.5%) of the benefits received within twelve (12) months of return from such leave or layoff.twelve
Appears in 1 contract
Samples: Letter of Agreement