Common use of Retirement Allowance Clause in Contracts

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand ($15,000).

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand dollars ($15,00015,000.00).

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand ($15,000). This provision is not applicable to a Casual Nurse.

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand dollars ($15,00015,000.00).

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s 's Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand ($15,000).

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s 's Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand dollars ($15,000).

Retirement Allowance. Effective date of signing, a Nurse with a minimum of ten (10) years of service with the Employer who retires in accordance with the provisions of the Employer’s Pension Plan or the Canada Pension Plan shall be entitled to the payment of the sum of six hundred dollars ($600) per year of service to a maximum of fifteen thousand dollars ($15,000). In the event that a better benefit exists it shall continue. This benefit is subject to pro ration.