Common use of Severance and Retirement Options Clause in Contracts

Severance and Retirement Options. In the event of a layoff affecting the permanent reduction of bargaining unit positions, the parties agree that they will meet to identify the number of positions within a classification that will be eliminated as a result of the layoff. The hospital is not required to make early retirement options available beyond the identified affected classification(s) and this article will not apply subsequent displacements, if any. For the sake of clarity, these severance allowance provisions do not apply to layoffs resulting from internal reorganization where there is no reduction of either full time or part time positions in the bargaining unit. The parties agree that where there is a permanent reduction of positions, employees affected will be entitled to the following options:

Severance and Retirement Options. In the event of a layoff affecting the permanent reduction of bargaining unit positions, the parties agree that they will meet to identify the number of positions within a classification that will be eliminated as a result of the layoff. The hospital is not required to make early retirement options available beyond the identified affected classification(s) displacements, if any. and this article will not apply subsequent displacements, if any. For the sake of clarity, clarity these severance allowance provisions do d o not apply to layoffs resulting from internal reorganization where there is no reduction of either full time or part time positions in the bargaining unit. The parties agree that where there is a permanent reduction of positions, employees affected will be entitled to the following options:

Severance and Retirement Options. In the event of a layoff affecting the permanent reduction of bargaining unit positions, the parties agree that they will meet to identify the number of positions within a classification that will be eliminated as a result of the layoff. The hospital is not required to make early retirement options available beyond the identified affected classification(s) and this article will not apply subsequent displacements, if any. For the sake of clarity, clarity these severance allowance provisions do not apply to layoffs resulting from internal reorganization where there is no reduction of either full time or part time positions in the bargaining unit. The parties agree that where there is a permanent reduction of positions, employees affected will be entitled to the following options: