Common use of VOLUNTARY SEPARATION PROGRAM Clause in Contracts

VOLUNTARY SEPARATION PROGRAM. AFSCME and the Employer recognize the continuing need to address the State's fiscal condition, and to that end agree that the State may implement a Voluntary Separation Program (VSP) consistent with the criteria outlined in the attached Exhibit A. Through the VSP, the State will offer employees the benefit of severance pay and severance benefits as outlined in the attached Exhibit A, will reduce the number of employees and abolish positions that are vacated by employees who are approved to participate in and do participate in the VSP. The Employer will provide the information necessary to enable employees to make knowing and voluntary decisions regarding participation in the VSP.