Upon Retirement or Death Sample Clauses

Upon Retirement or Death. 17 Upon retirement from the County or death, an employee or their beneficiary shall be paid for 18 up to four-hundred eighty (480) hours of accrued BT at one-hundred percent (100%) and for all 19 accrued ESL at thirty-five percent (35%). Retirement as a result of length of service means an 20 employee is eligible, applies for and begins drawing a pension from PERS or the City of Seattle 21 Retirement Plan immediately upon terminating County employment.
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Upon Retirement or Death. Upon retirement or death the employee's accrued sick leave up to and including 840 hours will be exchanged for pay at the rate of 100% of the employee's current base pay. The maximum payment shall be $20,000.
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Upon Retirement or Death. 3 Upon retirement from the County or death, an employee or their beneficiary shall be paid for 4 up to 480 hours, or 320 hours for employees hired on or after July 1, 2023, of accrued BT at 100% 5 and for all accrued SL at 35% of the employee’s base hours rate of pay. Retirement as a result of 6 length of service means an employee is eligible, applies for and begins drawing a pension from PERS 7 or the City of Seattle Retirement Plan immediately upon terminating County employment.
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Upon Retirement or Death. 11 Upon retirement from the County or death, a comprehensive leave eligible employee or their 12 beneficiary shall be paid for up to four-hundred eighty (480) hours, or three hundred twenty (320) 13 hours for employees hired after January 1, 2019, of accrued BT at one-hundred percent (100%) and
Sample 1
Upon Retirement or Death. 12 Upon retirement from the County or death, an employee or their beneficiary shall be paid for 13 up to four-hundred eighty (480), or three hundred twenty (320) hours for employees hired on or after 14 July 1, 2023, hours of accrued BT at one-hundred percent (100%) and for all accrued SL at thirty- 15 five percent (35%) of the employee’s base hourly rate of pay. Retirement as a result of length of
Sample 1
Upon Retirement or Death. Upon retirement from the County or death, an benefits eligible employee or their beneficiary shall be paid for up to four-hundred eighty (480) hours, or three hundred twenty (320) hours for employees hired on or after January 1, 2019, of accrued BT at one-hundred percent (100%) and for all accrued ESL at thirty-five percent (35%), unless modified by a VEBA agreement. Retirement as a result of length of service means an employee is eligible, applies for and begins drawing a pension from PERS or the city of Seattle Retirement Plan immediately upon terminating County employment.
Sample 1
Upon Retirement or Death. 17 Upon retirement from the County or death, an employee or their beneficiary shall be paid for 18 up to four-hundred eighty (480), or three hundred twenty (320) hours for employees hired on or after 19 July 1, 2023, hours of accrued BT at one-hundred percent (100%) and for all accrued ESL at thirty- 20 five percent (35%) of the employee’s base hourly rate of pay. Retirement as a result of length of
Sample 1
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Upon Retirement or Death. 19 Upon retirement from the County or death, an employee or their beneficiary, shall be paid for 20 up to four-hundred eighty (480) hours of accrued benefit time (BT) at 100%.
Sample 1

Related to Upon Retirement or Death

  • Life Insurance Upon Retirement 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Termination upon Death This entire Agreement will terminate immediately without further action of the parties upon the death of a natural person who is a party to this Agreement, or a general partner of a partnership that is a party to this Agreement.

  • Vacation Credits Upon Death Earned but unused vacation entitlement shall be made payable, upon termination due to death, to the employee's dependent, or where there is no dependent, to the employee's estate.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

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