Redundancy Benefits. 27.3.1 An employee whose contract of employment has been terminated by reason of redundancy shall—
Redundancy Benefits. An excess employee whose employment is terminated because he or she is excess will be paid a redundancy benefit calculated at the rate of two weeks salary for each completed year of continuous service, plus a pro rata payment for completed months of service since the end of the employees last completed year of service. If this, together with a payment under clause 76.3, if any, would lead to the employee being paid less than the minimum amount to which the employee is entitled under the National Employment Standards, the redundancy benefit payable to the employee is that minimum amount. The minimum sum payable as a redundancy benefit is four weeks salary, and the maximum sum payable is 48 weeks salary. The redundancy benefit will be calculated pro rata for any period of service during which the employee has worked part-time if the employee has less than 24 years full-time service. For the purpose of calculating the employee's redundancy benefit, 'salary' will include: the employee's full-time salary, adjusted on a pro rata basis for periods of part-time service, or the salary of the higher level, where the employee has been acting in a higher level classification for a continuous period of at least 12 months immediately preceding the date on which the employee is given notice of termination, and other allowances in the nature of salary that are paid during periods of annual leave and on a regular basis, excluding allowances that are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duties. In calculating the redundancy benefit, 'service' means: service in the Court government service as defined in section 10 of the Long Service Leave (Commonwealth Employees) Act 1976 service with the Commonwealth (other than with a joint Commonwealth-State body corporate in which the Commonwealth does not have a controlling interest) that is recognised for long service leave purposes service with the Australian Defence Force APS service immediately preceding deemed resignation under the repealed section 49 of the Public Service Act 1922 if the service has not previously been recognised for redundancy pay purposes, and service in another organisation where the employee was transferred from the APS to that organisation with a transfer of function, or the employee engaged by that organisation on work within a function is appointed as a result of the transfer of that function to the APS, and such service is recognised for l...
Redundancy Benefits. 23.9.1 Part-time employees will receive a pro-rata proportion of the following benefits.
Redundancy Benefits. The impact of transfers from funds with benefits to funds without benefits needs to be established.
Redundancy Benefits. 39.1 The parties to this Agreement acknowledge that termination of employment shall be in accordance with Appendix 9, item 2 plus the redundancy benefits of this clause.
Redundancy Benefits. (a) Subject to the other provisions of this clause 7, upon termination on the grounds of Redundancy, an employee will be entitled to the following retrenchment benefits:
Redundancy Benefits. An employee who is made redundant shall receive the following: 4 weeks notice, plus 4 weeks severance payment. (NB redundant employees who do not work out their notice under this agreement, will not be paid 4 weeks notice period unless an earlier termination is mutually agreed upon.)
Redundancy Benefits. In addition to the above notice period, if your employment is terminated due to redundancy you will be entitled to receive redundancy payments in accordance with applicable legislation amended from time to time.
Redundancy Benefits. An employee selected for redundancy will be paid the following, in addition to any other entitlements payable on the termination of that employee's employment. Redundancy Benefit 4 Weeks' pay (at ordinary time) for each completed year of service and a pro rata equivalent for the current year of service if that is less than a completed year, capped at 80 weeks maximum payment External training or Outplacement service allowance $2500 Health Benefits The continuation of membership of current health fund at no cost to employee for a period of 6 months from termination date. 8.8.8 Suitable Alternative Employment
Redundancy Benefits. If ANZ decides to retrench your employment, you are entitled, on termination of your employment, to the following benefits subject to clause 5.11:
