Category Description. Age 55 or greater, plus years of service is equal to or greater than 80 2 • Age 55 or greater, plus 10+ years of service with age plus service less than 80 3 • Age less than 55, however, age plus service is equal to or greater than 80 4 • All other Regular Full or Regular Part-time employees If you are in Category 3, you will receive a Bridging Allowance and a 26 week lump sum payment, or a lump sum payment of up to a maximum of 65 weeks. If you are in Category 4, you will receive a Termination Allowance based on your years of service.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
Category Description. Age 55 or greater, plus years of service is equal to or greater than 80 2 • Age 55 or greater, plus 10+ years of service with age plus service less than 80 3 • Age less than 55, however, age plus service is equal to or greater than 80 4 • All other Regular Full or Regular Part-time employees If you are in Category 3, you will receive a Bridging Allowance and a 26 week lump sum payment, or a lump sum payment of up to a maximum of 65 weeks. If you are in Category 4, you will receive a Termination Allowance based on your years of service.employees
Appears in 1 contract
Sources: Collective Bargaining Agreement