Common use of Vacation Pay on Retirement Clause in Contracts

Vacation Pay on Retirement. On retirement (Article 25.01), each employee shall be entitled to the same vacation which she/he would have had if she/he continued working to the end of the calendar year.

Vacation Pay on Retirement. On retirement (Article 25.01), each employee shall be entitled to the same vacation which she/he the employee would have had if she/he the employee continued working to the end of the calendar year. Effective January 1, 2016 this provision will no longer exist such that an employee who retires on or after January 1, 2016 will no longer be entitled to this benefit.

Vacation Pay on Retirement. On retirement (Article 25.01), each employee shall be entitled to the same vacation which she/he would have had if she/he continued working to the end of the calendar year. Effective January 1, 2016 this provision will no longer exist such that an employee who retires on or after January 1, 2016 will no longer be entitled to this benefit.