Retirement Bonus. 1. The Board shall pay a retirement bonus to an employee who is at least 55 years old and who has ten (10) or more years of service with the Board. Employees applying for the retirement bonus shall do so by May 1 with a resignation date effective June 30 of any year if their application is accepted.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Retirement Bonus. 1. The Board shall pay a retirement bonus to an employee who is at least 55 years old and who has ten (10) or more years of service with the Board. Employees applying for the retirement bonus shall do so by May November 1 with a resignation date effective June 30 December 31 of any year if their application is accepted.
Appears in 1 contract
Samples: Collective Agreement