Common use of Retirement Leave Clause in Contracts

Retirement Leave. Employees who retire at the specified age or who retire earlier than the specified age with the consent of the employer shall be entitled to paid retiring leave on the following scale: 11 26 27 28 29 29 30 13 35 36 36 37 38 39 14 39 40 41 41 42 43 15 44 44 45 46 46 47 16 48 49 49 50 51 51 17 52 53 54 54 55 56 18 56 57 58 59 59 60 19 61 61 62 63 64 64 25 65 66 66 67 68 69 26 69 70 71 71 72 73 27 74 74 75 76 76 77 28 78 79 79 80 81 81 29 82 83 84 84 85 86 30 86 87 88 89 89 90 31 91 91 92 93 94 94 32 95 96 96 97 98 99 33 99 100 101 101 102 103 34 104 104 105 106 106 107 35 108 109 109 110 111 111 36 112 113 114 114 115 116 37 116 117 118 119 119 120 38 121 121 122 123 124 124 39 125 126 126 127 128 129 40 & over 131 27. Ending Employment

Retirement Leave. Employees who retire at the specified age or who retire earlier than the specified age with the consent of the employer shall be entitled to paid retiring leave on the following scale: Years And Months of Service Leave (working days) 0 2 4 6 8 10 11 26 27 28 29 29 30 12 31 31 32 33 34 34 13 35 36 36 37 38 39 14 39 40 41 41 42 43 15 44 44 45 46 46 47 16 48 49 49 50 51 51 17 52 53 54 54 55 56 18 56 57 58 59 59 60 19 61 61 62 63 64 64 20 – 24 65 65 65 65 65 65 25 65 66 66 67 68 69 26 69 70 71 71 72 73 27 74 74 75 76 76 77 28 78 79 79 80 81 81 29 82 83 84 84 85 86 30 86 87 88 89 89 90 31 91 91 92 93 94 94 32 95 96 96 97 98 99 33 99 100 101 101 102 103 34 104 104 105 106 106 107 35 108 109 109 110 111 111 36 112 113 114 114 115 116 37 116 117 118 119 119 120 38 121 121 122 123 124 124 39 125 126 126 127 128 129 40 & over 131 27. Ending Employment