Long Service Payment Sample Clauses

Long Service Payment. (i) If the Principal has twenty-five years service or more he/she shall be paid a lump sum of six months ordinary pay (taxable salary) plus one week’s ordinary pay for each complete year of service. The maximum amount payable under this clause shall not exceed salary for one year. PROVIDED that if the Principal, following closure, begins permanent employment in the Education Service before the expiry of the period of weeks for which a long service payment has been made, the Principal shall refund the portion of the long service payment which represents the difference between the period for which the payment was made and the number of weeks without employment.
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Long Service Payment. To be paid a long service payment to assist a teacher, with not less than twenty-five years service, to retire from the teaching service. The payment will be equivalent to twenty-six weeks salary at the time of termination; or
Long Service Payment. Subject to clause 9.4 where the principal has 25 years’ service or more she/he may elect to be paid a lump sum of six monthsordinary pay (basic taxable salary) plus one weeks’ ordinary pay for each complete year of service. The maximum amount payable under this clause shall not exceed salary for one year.
Long Service Payment. (a) Where an employee’s position is disestablished either as the result of voluntary election or otherwise, the employee may elect to receive a long service payment. The intention of this payment is to assist the employee to withdraw from the teaching service. This option will be available on the following basis:
Long Service Payment. (d) The employer, after consultation with a nominee of the National Executives of the unions, will identify the positions to which units are allocated to be altered in status in accordance with the following guidelines in the order stated:
Long Service Payment. For each year of service beyond twenty (20) years the Employer shall pay each employee a long service payment equal to one (1) day’s average wages (excluding overtime and premium payments) to a maximum of five (5) days pay. Such payment shall be made on the first payday in December.
Long Service Payment. (v) The options set out in this sub-clause shall have the meaning set out in clause 3.9.7 below and apply in the manner set out in that clause.
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Long Service Payment. (a) On resignation or retirement after having completed ten (10) years or more continuous service with the Board, an employee shall be granted long service pay amounting to twenty-two (22) days’ pay at the employee’s regular rate at the time of resignation or retirement prorated at the average hours worked per month, during the past ten (10) years of service.
Long Service Payment. Employees who are employed from 1 April 2010 are entitled to the following Long Service Payment provisions:
Long Service Payment. Where an employee’s position is disestablished either as the result of voluntary election or otherwise, the employee may elect to receive a long service payment. The intention of this payment is to assist the employee to withdraw from the teaching service. This option will be available on the following basis: the employee will be deemed to have supernumerary status for the period from the effective date of disestablishment until long service payment is paid. This period will usually be that between the beginning of the next school year and first (1st) of March census of the school roll. During this period, the rights and obligations of a supernumerary teacher will apply; those with twenty-five (25) years service and less than thirty (30) years service shall be paid a lump sum of twenty-five (25) weeks ordinary pay; those with thirty (30) years service or more shall be paid a lump sum of thirty (30) weeks ordinary pay; Where a school is closed without replacement at the end of a school year the employee shall receive salary for the supernumerary status up to 1 March. The long service payment shall be paid in the pay period immediately after 1 March. An employee may request to be paid long service prior to 1 March (although no earlier than the end of the school year) and in these circumstances the payment for the supernumerary period shall be for the period between the end of the school year and the date of the payment of the long service payment. For the purposes of the long service payment, the definitions of service and of weekly ordinary pay are the same as those for severance set out above; Where an employee having received a long service payment commences permanent employment within a number of weeks which is less than the number of weeks of payment received by the employee as a long service payment under clause 2.13.4(a) above, the employee shall refund the difference between the number of weeks for which they were without employment and the number of weeks for which long service payment was received provided that for the purposes of this clause, employment means employment as a teacher in a state or integrated school or employment as a manual training teacher in an approved manual training establishment; any employee receiving the long service payment will be deemed to have been paid in full for service to that date for the purpose of calculating service for any future sick leave, severance or long service payment entitlements; payment under this pro...
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