PHASED IN RETIREMENT. An employee who has formally announced their intention to retire may request to work part-time for a maximum of one (1) year. The company has no obligation to agree to this request. If denied, the company will meet with the Union and the employee to outline reason(s) and to explore other options. If accepted, the employee would retain their seniority and if there were a layoff, they would be laid off in accordance with their seniority. The Employer would pay for benefits for the employee. Vacation would be calculated on percentage of hours worked only and not equivalent to a thirty seven and a half (37 ½) hour week. Short-Term Disability and paid sick days would also be prorated for employees working a reduced work week. Any arrangements must be in writing, signed by the Company, employee and the Union. This agreement can be terminated with two (2) weeks written notice by any party. DATED AT RICHMOND, B.C. THIS 6th DAY OF July , 2004. FOR THE COMPANY FOR THE UNION
PHASED IN RETIREMENT. An employee who has formally announced their intention to retire may request to work part-time for a maximum of one (1) year. The company has no obligation to agree to this request. If denied, the company will meet with the Union and the employee to outline reason(s) and to explore other options. If accepted, the employee would retain their seniority and if there were a layoff, they would be laid off in accordance with their seniority. The Employer would pay for benefits for the employee. Vacation would be calculated on percentage of hours worked only and not equivalent to a thirty-seven and a half (37 ½) hour week. Short-Term Disability and paid sick days would also be prorated for employees working a reduced work week. Any arrangements must be in writing, signed by the Company, employee and the Union. This agreement can be terminated with two (2) weeks written notice by any Party. DATED AT , BRITISH COLUMBIA, THIS DAY OF , 2018. XXXXXXXXX ELECTRIC CANADA INC. MoveUP
PHASED IN RETIREMENT. Option Notwithstanding anything to the contrary contained in the relevant Collective Agreements, the parties agree on a trial basis for the life of the current Collective Agreements to the following terms and conditions for a “Phased-In Retirement” Option.
PHASED IN RETIREMENT. 3.8.1 We respect the rights of individual employees to make their own choices on when they leave Council whilst at the same time recognising the value these employees have to Council in terms of their organisational knowledge. In addition, we recognise that leaving the workforce in retirement after a long period of service can be dramatic for some people.
PHASED IN RETIREMENT. Subject to performance reviews and operational requirements, the City has the ability to negotiate a phased in retirement plan with Employees. Such a decision will require the mutual agreement of the City and the employee and will be subject to: ▪ Options being explored for a reduction in hours ▪ Health and safety implications ▪ Availability of alternative positions
PHASED IN RETIREMENT. It is recognised that Local Government in Tasmania is experiencing an ageing workforce. Council respects the rights of individual Employees to make their own choices on when they leave paid employment, whilst at the same time recognising the value Employees have to Council in terms of their organisational knowledge and skills. In addition, it is recognised that leaving the workforce in retirement after a long period of service can be dramatic for some people. To assist, Council will develop a process which will provide Employees access to phased-in retirement. Subject to a mutual agreement the overall concept is that Employees who are approaching the normal age of retirement are able to reduce their work commitments through a reduction in working hours over a period of time with a consequential reduction in salary. As with any retirement decision, it will be the Employee’s choice to apply for phased-in retirement and the Employee will not suffer any detriment as a result. The Employee’s salary on separation for superannuation purposes will be the same as the fulltime equivalent salary. The reduced commitment in working hours may be matched with the recruitment of a Trainee or other Employee with the relevant skills and experience, in the same Department, to aid in the maintenance of the potential loss of skills following the retirement decision.
PHASED IN RETIREMENT. (a) Council respects the rights of individual Employees to make their own choices on when they leave Council whilst at the same time recognising the value these Employees have given to Council in terms of their organisational knowledge. In addition, Council recognises that leaving the workforce in retirement after a long period of service can be dramatic for some people.
PHASED IN RETIREMENT. Reduced Workload (Xxxxxx Xxxxx) Upon request the District will allow a unit member to reduce his or her workload from full time to part time duties subject to review and approval by the Board pursuant to the following regulation:
PHASED IN RETIREMENT. RAV acknowledges the need to support employees in planning retirement and encourages their retention in the workforce. XXX recognises the need to implement strategies for succession planning. Opportunities will be made available to managers over 60 years of age who are considering retirement within twelve (12) months, to reduce their hours/days of work or job share or access flexible working arrangements in accordance with this enterprise agreement to a minimum level of 0.6FTE (three days per week). The parties recognise that employees under the federal legislation can continue to work beyond age 65. It is agreed that all employees over 65 years of age will continue to receive all terms and conditions of employment applicable to employees under the age of 65 including LSL and RAV contributions to superannuation except where other statutory provisions apply. Public Holidays
PHASED IN RETIREMENT. 17.01 Only full-time active employees aged fifty-five (55) years or older will be eligible for the option of phased-in retirement under this Article, upon application.
