Common use of PAY BACK FOR RESIGNATION/TERMINATION OF EMPLOYMENT Clause in Contracts

PAY BACK FOR RESIGNATION/TERMINATION OF EMPLOYMENT. If an employee resigns or is terminated within 2 years of receiving tuition reimbursement, that employee must pay back reimbursements. Within the first year after reimbursement, the employee must pay back 100% of the reimbursement. Within the second year after reimbursement, the employee must pay back 50% of the reimbursement. This payback is deducted from remaining City paychecks. All funds in excess of City paychecks are due on or before the last day of employment. If any employee is laid-off by the City he/she is not responsible for paying back the City for any tuition costs. The exception to this provision is when the employee refuses recall under the lay- off, then the repayment scheduled shall apply.

Appears in 4 contracts

Samples: Article 1 Agreement, Article 1 Agreement, Article 1 Agreement

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