SERVICE GRATUITY. 39.1.1 A Member hired on contract on or after September 1, 1998, will be entitled to benefit from the following plan, subject to the terms described below: a) A Member will upon successful completion of their probationary period, be enrolled in the Service Gratuity Plan. b) The Service Gratuity Plan will generate a one-time Service Gratuity payment of $5,500.00 which will be paid to the Member in the first month of the member’s eleventh (11) continuous year of employment. c) In order to qualify for a Service Gratuity, the member’s last period of ten (10) years continuous employment must have commenced on or after September 1, 1998, and the Member must remain in the employ of the Board, for an additional four months past the 10th anniversary of the date the teacher became a probationary Member under this Collective Agreement. d) When a permanent contract is terminated, for any reason, and the Member has less than ten
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement
SERVICE GRATUITY. 39.1.1 38.1.1 A Member hired on contract on or after September 1, 1998, will be entitled to benefit from the following plan, subject to the terms described below:
a) A Member will upon successful completion of their his/her probationary period, be enrolled in the Service Gratuity Plan.
b) The Service Gratuity Plan will generate a one-one time Service Gratuity service gratuity payment of $5,500.00 which will be paid to the Member in the first month of the memberMember’s eleventh (1111th) continuous year of employment.
c) In order to qualify for a Service Gratuity, service gratuity the memberMember’s last period of ten (10) years continuous employment must have commenced commence on or after September 1, 1998, and the Member must remain in the employ of the Board, for an additional four months past the 10th anniversary of the date the teacher became a probationary Member under this Collective Agreement.
d) When a permanent contract is terminated, for any reason, and the Member has less than tenten (10) years continuous employment, the Board shall cancel the Member’s enrolment in the Service Gratuity and the Member shall have no entitlement under this plan.
Appears in 1 contract
Sources: Collective Agreement
SERVICE GRATUITY. 39.1.1 38.1.1 A Member hired on contract on or after September 1, 1998, will be entitled to benefit from the following plan, subject to the terms described below:
a) A Member will upon successful completion of their his/her probationary period, be enrolled in the Service Gratuity Plan.
b) The Service Gratuity Plan will generate a one-one time Service Gratuity payment of $5,500.00 which will be paid to the Member in the first month of the memberMember’s eleventh (1111th) continuous year of employment.
c) In order to qualify for a Service Gratuity, Gratuity the memberMember’s last period of ten (10) years continuous employment must have commenced on or after September 1, 1998, and the Member must remain in the employ of the Board, for an additional four months past the 10th anniversary of the date the teacher became a probationary Member under this Collective Agreement.
d) When a permanent contract is terminated, for any reason, and the Member has less than tenten (10) years continuous employment, the Board shall cancel the Member’s enrolment in the Service Gratuity and the Member shall have no entitlement under this Plan.
Appears in 1 contract
Sources: Collective Agreement