Common use of RETIRING GRATUITIES Clause in Contracts

RETIRING GRATUITIES. 45.1 The following applies only to employees employed by the relevant DHB below, who have remained continuously employed by that DHB: South Canterbury DHB ▇▇▇▇▇▇ Marlborough DHB employed prior to 30 October 1992 Otago DHB employed prior to 1 February 1999 Southland DHB employed prior to 1 July 1995 West Coast DHB employed prior to 1 July 1997 45.2 The employer may pay a retiring gratuity to employees permanently retiring from the workforce who have had no less than 10 years’ current continuous service with the same employer. The status quo criteria used by each individual employer, in determining whether an employee is granted a gratuity as at 17 December 2001 will continue to be used. 45.3 For the purposes of establishing eligibility for a gratuity, total service as above may be aggregated, whether this be part time or whole time, or a combination of both at different periods. 45.4 Where part-time service is involved the gratuity should be calculated to reflect this fact. The number of hours per week employed during the years of service is calculated as a percentage of the number of hours represented by a full week and this percentage is applied to the rate of pay established for gratuity purposes. 45.5 The calculation shall be based on the base rate of salary or wages. 45.6 The gratuity is based on the following scale Current continuous service Maximum Gratuity Not less than 10 years 31 days Not less than 11 years Additional 4 days for each full and up to 26 years year of service in excess of 10 years Not less than 26 years Additional 6 days for each full year and up to 40 years of service in excess of 25 years, to a maximum of 40 years. Note: These are consecutive rather than working days.

Appears in 8 contracts

Sources: Multi Employer Collective Agreement, Multi Employer Collective Agreement, Multi Employer Collective Agreement

RETIRING GRATUITIES. 45.1 The following applies only to employees employed by the relevant DHB below, who have remained continuously employed by that DHB: South Canterbury DHB ▇▇▇▇▇▇ Marlborough ▇▇▇▇▇▇▇▇▇▇▇ DHB employed prior to 30 October 1992 Otago DHB employed prior to 1 February 1999 Southland DHB employed prior to 1 July 1995 West Coast DHB employed prior to 1 July 1997 45.2 The employer may pay a retiring gratuity to employees permanently retiring from the workforce who have had no less than 10 years’ current continuous service with the same employer. The status quo criteria used by each individual employer, in determining whether an employee is granted a gratuity as at 17 December 2001 will continue to be used. 45.3 For the purposes of establishing eligibility for a gratuity, total service as above may be aggregated, whether this be part time or whole time, or a combination of both at different periods. 45.4 Where part-time service is involved the gratuity should be calculated to reflect this fact. The number of hours per week employed during the years of service is calculated as a percentage of the number of hours represented by a full week and this percentage is applied to the rate of pay established for gratuity purposes. 45.5 The calculation shall be based on the base rate of salary or wages. 45.6 The gratuity is based on the following scale Current continuous service Maximum Gratuity Not less than 10 years 31 days Not less than 11 years Additional 4 days for each full and up to 26 years year of service in excess of 10 years Not less than 26 years Additional 6 days for each full year and up to 40 years of service in excess of 25 years, to a maximum of 40 years. Note: These are consecutive rather than working days.. 10 31 31 after 10 years service 11 35 11 to 26 = 4 days per full year

Appears in 7 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

RETIRING GRATUITIES. 45.1 The following applies only to employees employed by the relevant DHB below, who have remained continuously employed by that DHB: South Canterbury DHB ▇▇▇▇▇▇ Marlborough DHB employed prior to 30 October 1992 Otago DHB employed prior to 1 February 1999 Southland DHB employed prior to 1 July 1995 West Coast DHB employed prior to 1 July 1997 45.2 The employer may pay a retiring gratuity to employees permanently retiring from the workforce who have had no less than 10 years’ current continuous service with the same employer. The status quo criteria used by each individual employer, in determining whether an employee is granted a gratuity as at 17 December 2001 will continue to be used. 45.3 For the purposes of establishing eligibility for a gratuity, total service as above may be aggregated, whether this be part time or whole time, or a combination of both at different periods. 45.4 Where part-time service is involved the gratuity should be calculated to reflect this fact. The number of hours per week employed during the years of service is calculated as a percentage of the number of hours represented by a full week and this percentage is applied to the rate of pay established for gratuity purposes. 45.5 The calculation shall be based on the base rate of salary or wages. 45.6 The gratuity is based on the following scale Current continuous service Maximum Gratuity Not less than 10 years 31 days Not less than 11 years Additional 4 days for each full and up to 26 years year of service in excess of 10 years Not less than 26 years Additional 6 days for each full year and up to 40 years of service in excess of 25 years, to a maximum of 40 years. Note: These are consecutive rather than working days.. 10 31 31 after 10 years service 11 35 11 to 26 = 4 days per full year

Appears in 5 contracts

Sources: Multi Employer Collective Agreement, Multi Employer Collective Agreement, Multi Employer Collective Agreement

RETIRING GRATUITIES. 45.1 The following applies only to employees employed by the relevant DHB below, who have remained continuously employed by that DHB: South Canterbury DHB ▇▇▇▇▇▇ Marlborough ▇▇▇▇▇▇▇▇▇▇▇ DHB employed prior to 30 October 1992 Otago DHB employed prior to 1 February 1999 Southland DHB employed prior to 1 July 1995 West Coast DHB employed prior to 1 July 1997 45.2 1997 The employer may pay a retiring gratuity to employees permanently retiring from the workforce who have had no less than 10 years’ current continuous service with the same employer. The status quo criteria used by each individual employer, in determining whether an employee is granted a gratuity as at 17 December 2001 will continue to be used. 45.3 . For the purposes of establishing eligibility for a gratuity, total service as above may be aggregated, whether this be part time or whole time, or a combination of both at different periods. 45.4 . Where part-time service is involved the gratuity should be calculated to reflect this fact. The number of hours per week employed during the years of service is calculated as a percentage of the number of hours represented by a full week and this percentage is applied to the rate of pay established for gratuity purposes. 45.5 . The calculation shall be based on the base rate of salary or wages. 45.6 . The gratuity is based on the following scale Current continuous service Maximum Gratuity Not less than 10 years 31 days Not less than 11 years Additional 4 days for each full and up to 26 years year of service in excess of 10 years Not less than 26 years Additional 6 days for each full year and up to 40 years of service in excess of 25 years, to a maximum of 40 years. Note: These are consecutive rather than working days.

Appears in 1 contract

Sources: Individual Employment Agreement

RETIRING GRATUITIES. 45.1 The following applies only to employees employed by the relevant DHB below, who have remained continuously employed by that DHB: South Canterbury DHB ▇▇▇▇▇▇ Marlborough ▇▇▇▇▇▇▇▇▇▇▇ DHB employed prior to 30 October 1992 Otago DHB employed prior to 1 February 1999 Southland DHB employed prior to 1 July 1995 West Coast DHB employed prior to 1 July 1997 45.2 The employer may pay a retiring gratuity to employees permanently retiring from the workforce who have had no less than 10 years’ current continuous service with the same employer. The status quo criteria used by each individual employer, in determining whether an employee is granted a gratuity as at 17 December 2001 will continue to be used. 45.3 For the purposes of establishing eligibility for a gratuity, total service as above may be aggregated, whether this be part time or whole time, or a combination of both at different periods. 45.4 Where part-time service is involved the gratuity should be calculated to reflect this fact. The number of hours per week employed during the years of service is calculated as a percentage of the number of hours represented by a full week and this percentage is applied to the rate of pay established for gratuity purposes. 45.5 The calculation shall be based on the base rate of salary or wages. 45.6 The gratuity is based on the following scale Current continuous service Maximum Gratuity Not less than 10 years 31 days Not less than 11 years Additional 4 days for each full and up to 26 years year of service in excess of 10 years Not less than 26 years Additional 6 days for each full year and up to 40 years of service in excess of 25 years, to a maximum of 40 years. Note: These are consecutive rather than working days.

Appears in 1 contract

Sources: Multi Employer Collective Agreement

RETIRING GRATUITIES. 45.1 45.1. The following applies only to employees employed by the relevant DHB below, who have remained continuously employed by that DHB: South Canterbury DHB ▇▇▇▇▇▇ Marlborough ▇▇▇▇▇▇▇▇▇▇▇ DHB employed prior to 30 October 1992 Otago DHB employed prior to 1 February 1999 Southland DHB employed prior to 1 July 1995 West Coast DHB employed prior to 1 July 1997 45.2 45.2. The employer may pay a retiring gratuity to employees permanently retiring from the workforce who have had no less than 10 years’ ten (10) years current continuous service with the same employer. The status quo criteria used by each individual employer, in determining whether an employee is granted a gratuity as at 17 December 2001 will continue to be used. 45.3 45.3. For the purposes of establishing eligibility for a gratuity, total service as above may be aggregated, whether this be part time or whole time, or a combination of both at different periods. 45.4 45.4. Where part-time service is involved involved, the gratuity should be calculated to reflect this fact. The number of hours per week employed during the years of service is calculated as a percentage of the number of hours represented by a full week and this percentage is applied to the rate of pay established for gratuity purposes. 45.5 45.5. The calculation shall be based on the base rate of salary or wages. 45.6 45.6. The gratuity is based on the following scale Current continuous service Maximum Gratuity Not less than 10 years 31 days Not less than 11 years Additional 4 days for each full and up to 26 years year of service in excess of 10 years Not less than 26 years Additional 6 days for each full year and up to 40 years of service in excess of 25 years, to a maximum of 40 years. Note: These are consecutive rather than working days.

Appears in 1 contract

Sources: Midwives Collective Agreement