Gratuity Plan. (a) Effective April 1, 1999, current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, new Employees shall qualify for Gratuity Plan credits based on the following: 0% of unused annual banked Sick Leave for the first (1st) year; 5% of unused annual banked Sick Leave for the second (2nd) year; 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can be withdrawn in whole or in part after five (5) years of continuous service in cash or, on approval of the Director of Library Services, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 days.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, current Employees employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, new Employees employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can credits may be accumulated to a maximum total of 120 days, and may be withdrawn in whole or in part after five (5) years of continuous service in cash orcash, or on approval of the Director of Library ServicesChief Constable, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 daysVacation.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave sick leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, 1999 new Employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can The credits may be accumulated to a maximum total accumulation of one hundred and twenty (120) days, and may be withdrawn in whole or in part after five (5) years of continuous service service, in cash orcash, or on approval of the Director of Library ServicesDepartment Head, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 days.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, 1999 current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, new Employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can be withdrawn in whole or in part after five (5) years of continuous service in cash or, on approval of the Director of Library Services, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 days.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave sick leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, 1999 new Employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can The credits may be accumulated to a maximum total accumulation of One Hundred and Twenty (120) days, and may be withdrawn in whole or in part after five (5) years of continuous service service, in cash orcash, or on approval of the Director of Library ServicesDepartment Head, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 days.
Appears in 1 contract
Samples: Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave sick leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, 1999 new Employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can The credits may be accumulated to a maximum total accumulation of One Hundred and Twenty Days (120) days, and may be withdrawn in whole or in part after five (5) years of continuous service service, in cash orcash, or on approval of the Director of Library ServicesDepartment Head, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 days.
Appears in 1 contract
Samples: Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, new Employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can be withdrawn in whole or in part after five (5) years of continuous service in cash or, on approval of the Director of Library Services, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 days.
Appears in 1 contract
Samples: Collective Agreement
Gratuity Plan. (a) Effective April 1, 1999, current Employees shall qualify for Gratuity Plan credits based on twelve percent (12%) of unused annual banked Sick Leave per calendar year. Previous credits earned will not be affected by this change. Effective April 1, 1999, new Employees shall qualify for Gratuity Plan credits based on the following: • 0% of unused annual banked Sick Leave for the first (1st) year; • 5% of unused annual banked Sick Leave for the second (2nd) year; • 12% of unused annual banked Sick Leave for the third (3rd) year and beyond. Gratuity Credits can credits may be accumulated to a maximum total of 120 days, and may be withdrawn in whole or in part after five (5) years of continuous service in cash orcash, or on approval of the Director of Library ServicesChief Constable, as additional vacation. Gratuity credits can be accumulated to a maximum total of 120 daysVacation.
Appears in 1 contract
Samples: Collective Agreement