Common use of Voluntary Redundancy Clause in Contracts

Voluntary Redundancy. Subject to subclause L4.1, at the completion of the discussions in accordance with clause L3 -, the head of service may invite officers to elect to be made voluntarily redundant under this clause. Where the head of service invites an officer to elect to be made voluntarily redundant, the officer will have a consideration period of a maximum of one month from the date of the offer in which to advise the head of service of the officer’s election, and the head of service will not give notice of redundancy before the end of the one month consideration period. To allow an officer to make an informed decision on whether to submit an election to be made voluntarily redundant, the head of service must provide the officer with advice on: the sums of money the officer would receive by way of severance pay, pay instead of notice, and paid up leave credits; and the career transition/development opportunities within the ACTPS. The officer should seek independent advice on: amount of accumulated superannuation contributions; the options open to the officer concerning superannuation; and the taxation rules applicable to the various payments. The relevant directorate will supplement the costs of independent, accredited financial counselling incurred by each officer who has been offered voluntary redundancy up to a maximum of $1000. The head of service will authorise the accredited financial counsellors to invoice the relevant Directorate directly. Subject to subclause L6.7, where the head of service approves an election to be made redundant and gives the notice of retirement in accordance with the PSM Act, the period of notice will be one month, or five weeks if the officer is over forty-five years old and has completed at least two years continuous service. Where the head of service so directs, or the officer so requests, the officer will be retired at any time within the period of notice under subclause L6.6, and the officer will be paid in lieu of pay for the unexpired portion of the notice period.

Voluntary Redundancy. Subject to subclause L4.1, at the completion of the discussions in accordance with clause L3 123 -, the head of service may invite officers to elect to be made voluntarily redundant under this clause. Where the head of service invites an officer to elect to be made voluntarily redundant, the officer will have must be provided a consideration period of a maximum of one month from the date of the offer in which to advise the head of service of the officer’s election, and the head of service will must not give notice of redundancy before the end of the one month consideration period. To allow an officer to make an informed decision on whether to submit an election to be made voluntarily redundant, the head of service must provide the officer with advice onon all of the following: the The sums of money the officer would receive by way of severance pay, pay instead of notice, and paid up leave credits; . The career transition and the career transition/development opportunities within the ACTPS. The officer should seek independent advice onon all of the following: The amount of accumulated superannuation contributions; the . The options open to the officer concerning superannuation; and the . The taxation rules applicable to the various payments. The relevant directorate will must supplement the costs of independent, accredited financial counselling incurred by each officer who has been offered voluntary redundancy up to a maximum of $1000. The head of service will must authorise the accredited financial counsellors to invoice the relevant Directorate directorate directly. Subject to subclause L6.7, where the head of service approves an election to be made redundant and gives the notice of retirement in accordance with the PSM Act, the period of notice will be is one month, or five 5 weeks if the officer is over forty-five 45 years old and has completed at least two 2 years continuous service. Where the head of service so directs, or the officer so requests, the officer will be retired at any time within the period of notice under subclause L6.6, and the officer will must be paid in lieu of pay for the unexpired portion of the notice period.