Retirement Gratuity. 24.01 An Employee who has completed ten (10) years of continuous service with the Board or its predecessors immediately prior to retirement and who has reached the minimum age for collecting a pension under OMERS at the time of resignation regardless of participation in the OMERS pension plan shall be entitled to the payment of a gratuity on retirement.
Appears in 7 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Retirement Gratuity. 24.01 An Employee who has completed ten (10) years of continuous service with the Board or its predecessors immediately prior to retirement and who has reached the minimum age for collecting a pension under OMERS XXXXX at the time of resignation regardless of participation in the OMERS pension plan shall be entitled to the payment of a gratuity on retirement.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Retirement Gratuity. 24.01 20.01 An Employee who has completed ten (10) years of continuous service with the Board or its predecessors immediately prior to retirement and who has reached the minimum age for collecting a pension under OMERS (or TPP) at the time of resignation regardless of participation in the OMERS (or TPP) pension plan shall be entitled to the payment of a gratuity on retirement.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Retirement Gratuity. 24.01 An Employee who has completed ten (10) years of continuous service with the Board or its predecessors immediately prior to retirement and who has reached the minimum age for collecting a pension under OMERS at the time of resignation regardless of participation in the OMERS pension plan shall be entitled to the payment of a gratuity on retirement. Members will be paid the retirement gratuity within sixty (60) days following the effective date of retirement or in a manner mutually agreed upon.
Appears in 1 contract
Samples: Collective Agreement
