Common use of Retirement Gratuity Clause in Contracts

Retirement Gratuity. Retirement Gratuities were frozen as of August 31, 2012. An Elementary Teacher is not eligible to receive a sick leave credit gratuity or any non-sick leave credit retirement gratuity (such as, but not limited to, service gratuities or RRSP contributions) after August 31, 2012, except a sick leave credit gratuity that the Employee had accumulated and was eligible to receive as of that day. The following language applies only to those employees eligible for the gratuity above: Historical Language for Reference: When a teacher of another Board which has established a sick leave credit plan under any Act of the Ontario Legislature becomes an employee of the Renfrew County District School Board, the teacher shall be entitled to have placed to the teacher's credit the sick leave days standing to the teacher's credit in the plan of the Ontario Board with which the teacher was previously employed, unless there has been intervening employment that did not allow a transfer of sick leave, to a maximum of two hundred (200) days for credit and beyond that as a matter of record. Xxxx leave credited from other boards is to be used only after sick leave with the Renfrew County District School Board or its predecessors has expired.

Appears in 6 contracts

Samples: Letter of Agreement, Letter of Agreement, www.rcdsb.on.ca

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