Severance and Retirement Options. (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.
Severance and Retirement Options. (a) Where an employee resigns within thirty days after receiving notice of layoff pursuant to Article that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks’ salary for each year of continuous service to a maximum of twelve (12) weeks’ pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. Where an employee resigns later than days after receiving notice pursuant to Article that his or her position will be eliminated, he she shall be entitled to a separation allowance of four (4) weeks’ salary, and, on production of receipts from an approved educational program, within twelve (I2) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars. of Prior to issuing notice of layoff pursuant to Article in any the Employer will offer to a sufficient number eligible for early retirement under within the in order of seniority, to the extent that the maximum number of employees within a classification who elect retirement is to the number of employees within the who would otherwise receive notice of layoff under Within thirty (30) days from the date of notice of xxxxxx, an employee who has received notice of layoff of a permanent or long-term nature may retire provided that the employee is to retire under the terms of the Employers of Ontario Pension Plan. An employee who chooses this option forfeits her right to notice and receive severance pay on the basis of two (2) weeks' pay for each year of service with the Employer to a maximum of twenty-six (26) weeks on the basis of the employees normal earnings. addition, employees will receive a lump sum payment to for every year less than age to a maximum of Note: The Employer may offer any employee a retirement option as provided above, in order to avoid potential layoffs in the unit. A full-time employee who has completed one year of service and whose lay-off is permanent, or who is off for weeks in any week period, and who has not elected to receive a severance payment under either (a) or of this Article, be entitled to severance pay equal to the greater of two weeks' pay, or one week's pay per year of service to a maximum of weeks' pay. This entitlement shall not be in addition to any entitlement to severance pay under the Standards Act, but at ...
Severance and Retirement Options x. Xxxxxxxxx Pay Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above an employee with more than twelve (12) months service with the Hospital who has received notice of layoff of a permanent or long-term nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.
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. Where an employee resigns within days after receiving notice of layoff pursuant to article that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. Where an employee resigns later than days after receiving notice pursuant to article that his or her position will be eliminated, he or she shall be entitled to a separation allowance of four (4) weeks' salary, and, on production of receipts from an approved educational program, within twelve
Severance and Retirement Options. (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two
Severance and Retirement Options. Insert the following standard language. Where the collective agreement provides otherwise and the parties cannot agree to the standard language, the existing provision will be maintained as non-standard language. Any non-standard provision related to Severance and Retirement Options shall be continued under Article 10.03 except as amended below.
Severance and Retirement Options. (a) Where an employee resigns within days after receiving notice of layoff pursuant to article
Severance and Retirement Options. Severance Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above an employee with more than twelve (12) months service with the Hospital who has received notice of layoff of a permanent or long-term nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay. Note: In accordance with the Board's supplementary award dated February notwithstanding Article notice for the purposes of severance pay under Article is to be calculated on the basis of two (2) weeks per year of service to a maximum of weeks. Thus the balance of the notice referred to above will be the balance of up to twelve (12) weeks as applicable.
Severance and Retirement Options. (a) Severance Pay
