Benefits Available at Layoff. (1) An eligible employee laid off for lack of work may elect from the following:
(i) The employee, while on layoff from the Company and so long as he/she is unemployed, may elect to receive a weekly payment from the Income Extension Aid payable to him/her, in such amounts and upon such conditions as set forth in this subsection. Prior to the exhaustion of his/her entitlements to federal and state unemployment compensation benefits, the weekly payment shall be in that amount (if any) which, when added to the total federal and state unemployment compensation benefits received for that week, equals seventy- five percent of his/her weekly pay as defined in Section 1(f) for temporary lack of work layoffs and ninety percent of his/her weekly pay as defined in Section 1(f) for announced permanent lack of work layoffs, provided, however, that payment shall be made only if the employee has applied for and received unemployment compensation benefits for that week and only if he/she has provided the Company with satisfactory proof of the total of such benefits received for the week. In the event an employee seeking benefits under this Section 4 is denied unemployment compensation payment in whole or in part, solely because of a disability arising more than 3l days following layoff rendering the employee unable to work, or due to the receipt of public or private retirement income, because of insufficient earnings to establish unemployment compensation eligibility or because unemployment compensation benefits have been exhausted for the base year, that employee shall be entitled to weekly IEA payment as though there had been no such unemployment compensation disqualification. After exhaustion of his/her entitlements to federal and state unemployment compensation benefits, the weekly payment shall be in that amount which equals seventy-five percent of his/her weekly pay as defined in Section 1(f) for temporary lack of work layoffs and ninety percent of his/her weekly pay as defined in Section 1(f) for announced permanent lack of work layoffs. Payments shall be made only if the employee certifies that he/she is still unemployed and they shall continue only until the full amount for which the employee qualifies under Section 4(a) is paid. Payments (in such amount and upon such conditions as set forth above) may also be made to an employee on layoff while he/she is unemployed and attending a recognized trade or professional school or training course under the GE Individual...
Benefits Available at Layoff. An eligible employee laid off for lack of work may elect from the following:
Benefits Available at Layoff. (1) An eligible employee laid off for lack of work may elect from the following:
(i) The employee, laid off from the Company will receive a lump sum payment of the Income Extension Aid and any vacation or other accumulated allowances payable to the employee. Payment will be made upon commencement of layoff.
(ii) As a special option, an employee may, with the approval of local management, which approval shall not be unreasonably withheld, elect to receive the total amount of Income Extension Aid and any vacation or other accumulated allowances due, and at the time of such payment, terminate employment and thus forego recall rights.
(2) Income Extension payments made under Subsections (b)(1)(I) and (ii) above, shall not affect service credits previously accumulated, continuity of service and recall rights. It will not be necessary for an employee to repay any Income Extension Aid payable under said Subsections (b) (1) (I) and (ii) above.
(3) In the event an employee elects, as provided for in Section (7a) of Article XII of this Agreement with respect to a scheduled shutdown period, to take the time off without pay as though on a temporary layoff, the employee shall not be eligible for Income Extension Aid for that Scheduled shutdown period.
Benefits Available at Layoff. (1) An eligible employee laid off for lack of work may elect from the following:
(i) The employee, laid-off from the Company will receive a lump sum payment of the Income Extension Aid and any vacation or other accumulated allowances payable to the employee, in such amounts and upon such conditions as set forth in this subsection. Payment will be made as soon as possible upon commencement of layoff.
(ii) As a special option, an employee may, with the approval of local management, which approval shall not be unreasonably withheld, elect to receive the total amount of Income Extension Aid and any vacation or other accumulated allowances due and at the time of such payment, terminate employment and thus forego recall rights.
(2) Income Extension payments made under Subsections (b)(1)(i) and (ii), above, shall not affect service credits previously accumulated, continuity of service and recall rights. It will not be necessary for an employee to repay any Income Extension Aid payable under said Subsections (b)(1)(i) and (ii) above where such impacted employee is not recalled or rehired within one year of layoff.
