Common use of Transition to Retirement Clause in Contracts

Transition to Retirement. If an Employee has been with an Employer for at least 5 years and is 60 years or older, the Employee may ask to transition to retirement by becoming permanent part-time. The Employee and Employer will agree to the hours to be worked, with all entitlements under this Agreement to be paid on a pro-rata basis with a minimum entitlement of 24-hours per week. Such arrangements will be mutually agreed with the Employee and/or their representative and subject to the Employers workforce requirements.

Appears in 4 contracts

Samples: www.fwc.gov.au, www.fwc.gov.au, www.fwc.gov.au

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