Discretionary Retiring Gratuity Sample Clauses

Discretionary Retiring Gratuity. The Chief Executive Officer may grant half of the appropriate retirement scale of allowances to those employees who have not less than 10 years' continuous service and must resign because of ill health. Service Definition for Retirement Allowances
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Discretionary Retiring Gratuity. The CEO may grant half of their retirement allowance entitlement to those employees resigning after not less than 10 years continuous service due to ill health. Whanganui MH NURSES Employees who qualify for an entitlement by being employed prior to 1st October 1997 and who have less than ten years service as at 1st October 1997 shall be entitled to 3.1 days pay for each completed year of service e.g. if an employee had 5.5 years service then the entitlement would be 15.5 days’ pay. The employer may grant half of the retirement gratuity entitlement to employees who qualify for retirement gratuity in accordance with policy, who resign after not less than 10 years service as a result of ill health. PUBLIC HEALTH & CHILD HEALTH NURSES Employees who have between 10 and 15 years service as at 23 February 1994 shall be paid 50% of the retiring gratuity. Employees who have more than 15 years service as at 23 February 1994 shall be paid a retiring gratuity at the full eligible amount. Service is defined in Whanganui DHB Schedule. The Employer may grant half of the retirement gratuity entitlement to those Employees resigning after not less than 10 years service as a result of ill health. Any gratuity previously received in respect of service taken shall be deducted. Xxxxxx Marlborough District Health Board
Discretionary Retiring Gratuity. The General Manager may grant half of their retirement allowance entitlement to those employees resigning after not less than 10 years continuous service due to ill health.

Related to Discretionary Retiring Gratuity

  • RETIRING GRATUITIES 16.1 The Employer shall pay a retiring gratuity to staff retiring from the DHB have had not less than ten years’ service with the employing Company, with that board and one or more other boards and with one or more of the following services: the Public Service, the Post Office, New Zealand Railways or any university in New Zealand, provided that for employees engaged after 1.7.92 only service with Area Health Boards and Hospital Boards, CHEs, HHSs and District Health Boards shall be recognised.

  • 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.

  • Discretionary Leave 7.7.1 The employer may, where there are special circumstances, xxxxx discretionary leave with or without pay to any principal during periods when the school is officially open for instruction, provided that such leave does not unreasonably impinge upon the operational requirements of the school. Before approving any discretionary leave, the employer shall ensure that the granting of such leave complies with any funding arrangements applying to the school in respect of such leave.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Sick Leave Credit-Based Retirement Gratuities 1) A Teacher is not eligible to receive a sick leave credit gratuity after August 31, 2012, except a sick leave credit gratuity that the Teacher had accumulated and was eligible to receive as of that day.

  • Amount of Employer Contribution The Employer Contribution amounts and rules in effect on June 30, 2017 will continue through December 31, 2017.

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