appreciation of an employee's service to the Division and its students,
upon that employee's retirement, the Board makes a gratuity gift to that
employee equivalent to $20 per year of service to the Division with a
minimum gift of $100.00.
1. The Human Resources Department will provide a list of retirees to the Director's Office.
2. The years of service will be determined as per AP 409 - Years of Service.
The Office of the Director will facilitate the purchase of gift cards
for each retiree, equal to the number of years of service, times by $20.
4. This gift will be presented to the employee at their retirement celebration.
Arrangements will be made with the employee's direct supervisor to have
a member of the Board of Education or Senior Leadership Team present at
the retirement celebration to present the retirement gift.
Retirement gift cards are subject to taxation as per Canada Revenue
Agency Guidelines, which states: "Cash and near-cash gifts or awards are
always a taxable benefit for the employee. A near-cash item is one that
functions as cash, such as a gift certificate or gift card, or an item
that can be easily converted to cash."
Reference: Sections 85, 87, 108, 109, Education Act
Canada Revenue Agency
March 21, 2011
Revised April 10, 2015