Common use of Layoff Allowance Clause in Contracts

Layoff Allowance. ‌ Section 1. Eligibility‌ (a) Employees who are laid off by the Company on account of a reduction in force shall be paid a layoff allowance in accordance with the eligibility schedule in paragraph (c) below (b) Employees terminated for medical reasons who do not qualify for benefits (excluding vested pensions) under the pension plan referred to in Article 19 or who are laid off without recall rights, shall be paid a termination allowance in accordance with the eligibility schedule. (c) Layoff Allowance Eligibility Schedule – General Maintenance Technician, Instrument Maintenance Technician, Electrical Maintenance Technician, Operator Technician, Site Services Technician CONTINUOUS SERVICE ALLOWANCE Less than 3 months No allowance 3 months but less than 1 year 1 week (or 40 hours) 1 year but less than 3 years 1-1/2 weeks (or 60 hours) 3 years but less than 5 years 2-1/4 weeks (or 90 hours) 5 years but less than 7 years 3 weeks or 120 hours) 7 years but less than 10 years 7 weeks (or 280 hours 10 years but less than 11 years 8 weeks (or 320 hours) 11 years but less than 13 years 9 weeks (or 360 hours) 13 years but less than 15 years 10 weeks (or 400 hours) 15 years but less than 17 years 11 weeks (or 440 hours) 17 years but less than 18 years 11-1/2 weeks (or 460 hours) 18 years or more Effective January 1, 2022: Same as for 17 years plus 1/2 week (20 hours) for each added year of service, to a maximum of 18 weeks (720 hours) at 30 years for Operations, Maintenance, and Site Services Unit classifications For those employees who have accrued a layoff allowance greater than 720 hours per the provisions of the prior Agreement will be grandfathered at the level of layoff allowance accrued as of the effective date of this agreement; and shall not accrue additional layoff allowance.

Layoff Allowance. ‌ Section 1. Eligibility‌ (a) Employees who are laid off by the Company on account of a reduction in force shall be paid a layoff allowance in accordance with the eligibility schedule in paragraph (c) below. (b) Employees terminated for medical reasons who do not qualify for benefits benefits (excluding vested pensions) under the pension plan referred to in Article 19 or who are laid off without recall rights, shall be paid a termination allowance in accordance with the eligibility schedule. (c) Layoff Allowance Eligibility Schedule – General Maintenance Technician, Instrument Maintenance Technician, Electrical Maintenance Technician, Operator Technician, Site Services Technician Technician. CONTINUOUS SERVICE ALLOWANCE Less than 3 months No allowance 3 months but less than 1 year 1 week (or 40 hours) 1 year but less than 3 years 1-1/2 weeks (or 60 hours) 3 years but less than 5 years 2-1/4 weeks (or 90 hours) 5 years but less than 7 years 3 weeks or 120 hours) 7 years but less than 10 years 7 weeks (or 280 hours 10 years but less than 11 years 8 weeks (or 320 hours) 11 years but less than 13 years 9 weeks (or 360 hours) 13 years but less than 15 years 10 weeks (or 400 hours) 15 years but less than 17 years 11 weeks (or 440 hours) 17 years but less than 18 years 11-1/2 weeks (or 460 hours) 18 years or more Effective January 1, 2022: Same as for 17 years plus 1/2 week (20 hours) for each added year of service, to a maximum of 18 weeks (720 hours) at 30 years for Operations, Maintenance, and Site Services Unit classifications For those employees who have accrued a layoff allowance greater than 720 hours per the provisions of the prior Agreement will be grandfathered at the level of layoff allowance accrued as of the effective date of this agreement; and shall not accrue additional layoff allowance.