Interest if Long Service Leave not taken Sample Clauses

Interest if Long Service Leave not taken. An employee who leaves the School within 5 years and who has not taken long service leave during that time is entitled to a payment calculated as follows:
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Interest if Long Service Leave not taken. An employee who leaves the School within 5 years and who has not taken long service leave during that time is entitled to a payment calculated as follows: P = T x A/B where: P = the amount of the payment due T = the Transferred Amount A = Australian Bureau of Statistics, Consumer Price Index – All Groups Index Number for Canberra for the quarter immediately preceding the date of the payment B = Australian Bureau of Statistics, Consumer Price Index – All Groups Index Number for Canberra for the quarter immediately preceding the date of receipt of the Transferred Amount

Related to Interest if Long Service Leave not taken

  • Long Service Leave All employees shall be entitled to long service leave in accordance with the relevant State Legislation. The employer will ensure that any registration necessary for the purposes of portable long service schemes will be undertaken.

  • Taking of Long Service Leave (a) The employer shall give to each employee at least one month's notice of the date from which it is proposed that the employee's long service leave shall be given and taken. Such leave shall be taken as soon as practicable having regard to the needs of the facility, or, where the employer and the employee agree, such leave may be postponed to an agreed date.

  • Laundry Service If the Government provides a laundry service at the incident base camp, the Contractor may utilize the service at no cost.

  • Long Service The applicable rate of pay for Long Service Leave will be the corresponding rate of pay in Appendix 1(A).

  • Jury Service Leave 6.18.1 An employee, other than a casual employee, required to attend for jury service during their ordinary working hours shall be reimbursed by the employer an amount equal to the difference between the amount paid in respect of their attendance for such jury service and the ordinary pay the employee would have been paid if the employee was not absent on jury service.

  • Distribution Services The Distributor shall sell and repurchase Shares as set forth below, subject to the registration requirements of the 1933 Act and the rules and regulations thereunder, and the laws governing the sale of securities in the various states ("Blue Sky Laws"):

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