Service Recognition and Sick Leave Gratuity Pay. 1. On severance or retirement, an employee whose age and ten (10) years of seniority equals sixty (60) or more, having accrued sick leave to their credit shall receive an amount in lieu thereof equal to such credit to a maximum of eighty (80) days at the rate of pay effective immediately prior to severance or retirement.
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Samples: cupe561.ca, Provincial Framework Agreement, Provincial Framework Agreement
Service Recognition and Sick Leave Gratuity Pay. 1. On severance or retirement, an employee whose age and ten (10) years of seniority equals sixty (60) or more, having accrued sick leave to their his/her credit shall receive an amount in lieu thereof equal to such credit to a maximum of eighty (80) days at the rate of pay effective immediately prior to severance or retirement.
Appears in 1 contract
Samples: Memorandum of Agreement