Common use of Redundancy benefit Clause in Contracts

Redundancy benefit. 70.1. An employee who agrees to be voluntarily retrenched and whose employment is terminated by the Chair under section 29 of the Public Service ▇▇▇ ▇▇▇▇ on the grounds that the employee is excess to the requirements of the Agency, will be paid a sum equal to 2 weeks’ salary for each completed year of continuous service, plus a pro-rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NES. 70.2. The redundancy benefit will be calculated on a pro-rata basis for any periods of service where the employee has worked part-time hours during their period of service and has less than 24 years full-time service, subject to any minimum amount the employee is entitled to under the NES. 70.3. For earlier periods of service to count there must be no breaks between the periods of service, except if the break in service is less than one month and occurs when an offer of employment with the new employer was made and accepted by the employee before ceasing employment with the previous employer. 70.4. The minimum sum payable will be equivalent to 4 weeks’ salary and the maximum will be equivalent to 48 weeks’ salary. 70.5. For the purposes of calculating any redundancy payment, salary will include: a) the employee’s full-time salary, adjusted on a pro-rata basis for periods of part-time service; or b) if the employee has been paid at a higher classification level for a continuous period of at least 12 months immediately preceding the date on which they are given notice of termination, the salary of the higher position; and c) allowances in the nature of the salary which are paid during periods of annual leave and on a regular basis, excluding allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.

Appears in 1 contract

Sources: Enterprise Agreement

Redundancy benefit. 70.1. An employee who agrees to be voluntarily retrenched and whose employment is terminated by the Chair under section 29 of the Public Service ▇▇▇ ▇▇▇▇ Act 1999 on the grounds that the employee is excess to the requirements of the Agency, will be paid a sum equal to 2 two weeks’ salary for each completed year of continuous service, plus a pro-rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NES. 70.2. The redundancy benefit will be calculated on a pro-rata basis for any periods of service where the employee has worked part-time hours during their period of service and has less than 24 years full-time service, subject to any minimum amount the employee is entitled to under the NES. 70.3. For earlier periods of service to count there must be no breaks between the periods of service, except if the break in service is less than one month and occurs when an offer of employment with the new employer was made and accepted by the employee before ceasing employment with the previous employer. 70.4. The minimum sum payable will be equivalent to 4 four weeks’ salary and the maximum will be equivalent to 48 weeks’ salary. 70.5. For the purposes of calculating any redundancy payment, salary will include: a) the employee’s full-time salary, adjusted on a pro-rata basis for periods of part-time service; or b) if the employee has been paid at a higher classification level for a continuous period of at least 12 months immediately preceding the date on which they are given notice of termination, the salary of the higher position; and c) allowances in the nature of the salary which are paid during periods of annual leave and on a regular basis, excluding allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.

Appears in 1 contract

Sources: Enterprise Agreement

Redundancy benefit. 70.1. ‌ F5.1 An employee who agrees to be voluntarily retrenched and whose employment is terminated by the Chair under section 29 of the Public Service ▇▇▇ ▇▇▇▇ Act 1999 on the grounds that the employee is excess to the requirements of the Agency, Agency will be paid a sum equal to 2 weeks’ salary for each completed year of continuous service, plus a pro-rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NESNational Employment Standards. 70.2. F5.2 The redundancy benefit will be calculated on a pro-rata basis for any periods of service where the employee has worked part-time hours during their period of service and has less than 24 years full-time service, subject to any minimum amount the employee is entitled to under the NESNational Employment Standards. 70.3. F5.3 For earlier periods of service to count there must be no breaks between the periods of service, except if if: a) the break in service is less than one 1 month and occurs when an offer of employment with the new employer was made and accepted by the employee before ceasing employment with the previous employer; or b) the earlier period of service was with the APS and ceased because the employee was deemed to have resigned from the APS on marriage under the repealed section 49 of the Public Service Act 1999. 70.4. F5.4 The minimum sum payable will be equivalent to 4 weeks’ salary and the maximum will be equivalent to 48 weeks’ salary. 70.5. F5.5 For the purposes of calculating any redundancy payment, salary will include: a) the employee’s full-time salary, adjusted on a pro-rata basis for periods of part-time service; or b) if the employee has been paid at a higher classification level for a continuous period of at least 12 months immediately preceding the date on which they are he or she is given notice of termination, the salary of the higher position; and c) allowances in the nature of the salary which are paid during periods of annual leave and on a regular basis, excluding allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.

Appears in 1 contract

Sources: Enterprise Agreement