Retirement Allowance and Pre-Retirement Leave. (a) Upon retirement from service, an employee who has completed 20 years of service with the Employer, and who under the provisions of the Public Service Pension Plan Rules is entitled to receive a pension benefit on retirement, is entitled to an amount equal to their salary for one month, and for each full year of service exceeding 20 years but not exceeding 30 years, is entitled to an additional amount equal to one-fifth of their monthly salary. The employee may opt to take the allowance as equivalent paid leave of absence to be taken immediately prior to retirement.
Retirement Allowance and Pre-Retirement Leave. Upon retirement from the Public Service, an employee who has completed 20 years of service with the Employer and who, under provisions of the Pension (Public Service) Act, is entitled to receive a superannuation allowance on retirement, is entitled to an amount equal to the employee's salary for one month, and for each full year of service exceeding 20 years but not exceeding 30 years, is entitled to an additional amount equal to one-fifth of the employee's monthly salary. The employee may opt to take the allowance as equivalent paid leave of absence to be taken immediately prior to retirement.
Retirement Allowance and Pre-Retirement Leave. Upon retirement from the Commission, an employee who has completed 20 years of service with the Commission, including any service with the Government of BC prior to transfer to the Commission and who, under provisions of the Pension (Public Service) Act, is entitled to receive a superannuation allowance on retirement, is entitled to an amount equal to the employee's salary for one month, and for each full year of service exceeding 20 years but not exceeding 30 years, is entitled to an additional amount equal to one-fifth of the employee's monthly salary. The employee may opt to take the allowance as equivalent paid leave of absence to be taken immediately prior to retirement.
Retirement Allowance and Pre-Retirement Leave. 4. The Employer will consult with the Union with respect to timing and duration of the program.
Retirement Allowance and Pre-Retirement Leave. Upon retirement from service, an employee who has completed 20 years of continuous service is entitled to an amount equal to their salary for one month, and for each full year of service exceeding 20 years but not exceeding 30 years, is entitled to an additional one week.
Retirement Allowance and Pre-Retirement Leave. Delete (b) (1) through (3) These clauses are no longer applicable. New
Retirement Allowance and Pre-Retirement Leave. The following shall apply only to those regular employees of TSSI who are employed on November 8, 2006:
