Common use of Service Pay Clause in Contracts

Service Pay. 14:01 A member qualified by service requirements shall receive seventy-five dollars ($75.00) annually for every five (5) years of continuous service. 14:02 Service pay will be received in one (1) instalment on or about the fifteenth day of December in the year of entitlement. 14:03 A member who leaves the service prior to normal payment of service pay, shall be paid on a prorated basis for the portion of the year served. 14:04 In the event of the death of a member, the Board agrees to pay to the estate of the member an amount equal to the service entitlement for that year, calculated to the date of death of such member.

Appears in 2 contracts

Sources: Working Agreement, Working Agreement

Service Pay. 14:01 26:01 A member qualified by service requirements shall receive seventy-five dollars ($75.00) annually for every five (5) years of continuous service. 14:02 Service 26:02 Members entitled to service pay will be received shall receive such pay in one (1) instalment on or about the fifteenth day in December of December in the year of entitlement. 14:03 26:03 A member who leaves the service prior to normal payment of service pay, shall be paid on a prorated pro-rated basis for the portion of the year served. 14:04 26:04 In the event of the death of a member, the Board agrees to pay to the estate of the member an amount equal to the service entitlement for that year, calculated to the date of death of such member.

Appears in 2 contracts

Sources: Working Agreement, Working Agreement

Service Pay. 14:01 26:01 A member qualified by service requirements shall receive seventy-one hundred and thirty- five dollars ($75.00135.00) annually for every five (5) years of continuous service. 14:02 Service 26:02 Members entitled to service pay will be received shall receive such pay in one (1) instalment on or about the fifteenth day in December of December in the year of entitlement. 14:03 26:03 A member who leaves the service prior to normal payment of service pay, shall be paid on a prorated pro-rated basis for the portion of the year served. 14:04 26:04 In the event of the death of a member, the Board agrees to pay to the estate of the member an amount equal to the service entitlement for that year, calculated to the date of death of such member.

Appears in 1 contract

Sources: Working Agreement

Service Pay. 14:01 26:01 A member qualified by service requirements shall receive seventy-five dollars ($75.00) annually for every five (5) years of continuous service. 14:02 Service 26:02 Members entitled to service pay will be received shall receive such pay in one (1) instalment on or about the fifteenth day installment in December of December in the year of entitlement. 14:03 26:03 A member who leaves the service prior to normal payment of service pay, shall be paid on a prorated basis for the portion of the year served. 14:04 26:04 In the event of the death of a member, the Board agrees to pay to the estate of the member an amount equal to the service entitlement for that year, calculated to the date of death of such member.

Appears in 1 contract

Sources: Working Agreement