Salary Employees - Retirement Allowance
Upon retiring, after a minimum of 10-years on salary with Health PEI, physicians will receive a retirement allowance of five days’ pay for each full year of service. The maximum allowance is 130 days.
• 10 or more years of continuous service as a salaried physician with Health PEI
• Reached 55-years old
• Agrees to stop practicing medicine on PEI (under all pay modalities) but does not include providing periodic medical services with the express written consent of Health PEI.
Provide a minimum of eight weeks written notice to Health PEI of their plan to retire or resign.

SEE MASTER AGREEMENT: Article B13, page 24.