Common use of Graduated Payments Clause in Contracts

Graduated Payments. (a) Early retirement incentive payments shall be graduated on the basis of distance from age sixty (60) thereafter as follows: Year Age Percentage 1997 and Thereafter 55 60/60 x 100% 56 48/60 x 100% 57 36/60 x 100% 58 24/60 x 100% 59 12/60 x 100% 60 Nil

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Graduated Payments. (a) Early retirement incentive payments shall be graduated on the basis of distance from age sixty (60) thereafter as follows: Year Age Months Percentage 1997 and Thereafter 55 60/60 x 100% 56 48/60 x 100% 57 36/60 x 100% 58 24/60 x 100% 59 12/60 x 100% 60 Nil

Appears in 4 contracts

Samples: Agreement, www.sdc.gov.on.ca, www.oakville.ca

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Graduated Payments. (a) Early retirement incentive payments shall be graduated on the basis of distance from age sixty (60) thereafter as follows: Year Age Percentage 1997 and Thereafter 55 60/60 x 100% 56 48/60 x 100% 57 36/60 x 100% 58 24/60 x 100% 59 12/60 x 100% 60 Nil

Appears in 3 contracts

Samples: 2018 2020 Collective Agreement, Collective Agreement, Collective Agreement

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