Common use of Service Pay Clause in Contracts

Service Pay. 24:01 Each member shall be eligible for Long Service Pay in accordance with the following table: Upon completion of 5 years of service and until the completion of the 10th year of service $78.75 per annum Upon completion of 10 years of service and until the completion of the 15th year of service $157.50 per annum Upon completion of 15 years of service and until the completion of the 20th year of service $236.25 per annum Upon completion of 20 years of service and until the completion of the 25th year of service $315.00 per annum Upon completion of 25 years of service and until the completion of the 30th year of service $393.75 per annum Upon completion of 30 years of service and until the completion of the 35th year of service. $472.50 per annum Upon completion of 35 years of service and thereafter. $551.25 per annum Service Pay shall become due on November 30th of each year and shall be calculated pro rata from the dates of eligibility to November 30th. On severance or retirement, a member shall be entitled to Long Service Pay that may have been due him/her at the time of such severance or retirement. In the case of death, the Long Service Pay which may have been due to such member at the time of his/her death shall be paid to the member's estate or beneficiary.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Service Pay. 24:01 24:Ol Each member shall be eligible for Long Service Pay in accordance with the following table: Upon completion of 5 years of service and until the completion of the 10th year of service $78.75 per annum Upon completion of 10 years of service and until the completion of the 15th year of service $157.50 per annum Upon completion of 15 years of service and until the completion of the 20th year of service $236.25 per annum Upon completion of 20 years of service and until the completion of the 25th year of service $315.00 per annum Upon completion of 25 years of service and until the completion of the 30th year of service $393.75 per annum Upon completion of 30 years of service and until the completion of the 35th year of service. $472.50 per annum Upon service IJpon completion of 35 years of service and thereafter. thereafter $78.75 per annum $157.50 per annum $236.25 per annum $3 15.00 per annum $393.75 per annum $472.50 per annum $551.25 per annum Service Pay shall become due on November 30th of each year and shall be calculated pro rata from the dates of eligibility to November 30th. On severance or retirement, a member shall be entitled to Long Service Pay that may have been due him/her at the time of such severance or retirement. In the case of death, the Long Service Pay which may have been due to such member at the time of his/her death shall be paid to the member's ’s estate or beneficiary.

Appears in 1 contract

Samples: negotech.labour.gc.ca

Service Pay. 24:01 Each 23:01 Every member shall be eligible for Long Service Pay in accordance with the following table: Upon completion of 5 years of service and until the completion of the 10th year of service $$ 78.75 per annum Upon completion of 10 years of service and until the completion of the 15th year of service $157.50 per annum Upon completion of 15 years of service and until the completion of the 20th year of service $236.25 per annum Upon completion of 20 years of service and until the completion of the 25th year of service $315.00 per annum Upon completion of 25 years of service and until the completion of the 30th year of service $393.75 per annum Upon completion of 30 years of service and until the completion of the 35th year of service. service $472.50 per annum Upon completion of 35 years of service and thereafter. thereafter $551.25 per annum Service Pay shall become due on November 30th of each year and shall be calculated pro rata from the dates date of eligibility to November 30th. On severance or retirement, a member shall be entitled to Long Service Pay that may have been due him/her at the time of such severance or retirement. In the case of death, the Long Service Pay which may have been due to such member at the time of his/her death shall be paid to the member's estate or beneficiary.

Appears in 1 contract

Samples: Collective Agreement

Service Pay. 24:01 25:01 Each member hired on or after August 4, 1987 shall be eligible for Long Service Pay in accordance with the following table: Upon completion of 5 years of service and until the completion of the 10th year of service $78.75 per annum Upon completion of 10 years of service and until the completion of the 15th year of service $157.50 per annum Upon completion of 15 I5 years of service and until the completion of the 20th year of service $236.25 per annum Upon completion of 20 years of service and until the completion of the 25th year of service $315.00 per annum Upon completion of 25 years of service and until the completion of the 30th year of service $393.75 per annum Upon completion of 30 years of service and until the completion of the 35th year of service. $472.50 per annum service Upon completion of 35 years of service and thereafter. thereafter $551.25 105 per annum $210 per annum $3 15 per annum $420 per annum $525 per annum $630 per annum $735 per annum Service Pay shall become due on November 30th of each year and shall be calculated pro rata from the dates of eligibility to November 30th. On severance or of retirement, a member shall be entitled to Long Service Pay that may have been due him/her at the time of such severance or retirement. In the case of death, the Long Service Pay which may have been due to such member at the time of his/her death shall be paid to the member's ’s estate or beneficiary.

Appears in 1 contract

Samples: Agreement

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Service Pay. 24:01 24:Ol Each member shall be eligible for Long Service Pay in accordance with the following table: Upon completion of 5 years of service and until the completion of the 10th year of service $78.75 per annum Upon completion of 10 years of service and until the completion of the 15th year of service $157.50 per annum Upon completion of 15 years of service and until the completion of the 20th $78.75 per annum $157.50 per annum 43 year of service $236.25 per annum Upon completion of 20 years of service and until the completion of the 25th year of service $315.00 3 15.00 per annum Upon completion of 25 years of service and until the completion of the 30th year of service $393.75 per annum Upon completion of 30 years of service and until the completion of the 35th year of service. $472.50 per annum Upon completion of 35 years of service and thereafter. $551.25 55 1.25 per annum Service Pay shall become due on November 30th of each year and shall be calculated pro rata from the dates of eligibility to November 30th. On severance or retirement, a member shall be entitled to Long Service Pay that may have been due him/her at the time of such severance or retirement. In the case of death, the Long Service Pay which may have been due to such member at the time of his/her death shall be paid to the member's ’s estate or beneficiary.beneficiary 25:Ol 26:Ol (a) (b) 26:02

Appears in 1 contract

Samples: Collective Agreement

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