Compensation for 3rd year of unemployment benefit Sample Clauses

Compensation for 3rd year of unemployment benefit. The legal duration and structure of unemployment benefits, whereby the first day of unemployment falls on or after January 1, 2016, will be restricted. NXP agreed with the trade unions to look into possibilities for compensating the restrictions on structure and duration of the unemployment benefits in the legal, public section with private supplementary insurances via a national implementing body. This implementing body is the PAWW Foundation (‘Stichting PAWW’), responsible for payment of the private benefit at the end of the statutory period of WW or wage-related WGA benefit. The amount of PAWW benefit corresponds with the statutory WW or wage-related WGA benefit. The possible reduction of the duration of the statutory benefit after January 1, 2016 compared to a benefit awarded before January 1, 2016 is at least ½ month, and will be at most 14 months (was 38, will become 24 months). In December 2017, NXP and the trade unions agreed to register with PAWW. On July 11, 2018, the Minister of Social Affairs and Employment declared a number of combined collective labor agreements, including the one that NXP falls under, the “Industrie en Techniek 2_02” (Industry and Technology 2_02), generally binding. The effective date of the regulation was set to August 1, 2018. Only employees who fall within the scope of the NXP Collective Labor Agreement, and who become unemployed on or after August 1, 2018 are possibly entitled to a PAWW benefit. The table below shows the development of the employee contribution for the coming years. In 2018 the employee contribution is 0.2% of the gross salary (a maximum contribution base of €54,614 applies) and will gradually increase to 0.6% (in 2022). The contribution percentages for 2018 and 2019 have been fixed; the percentages for 2020 through to 2022 are estimated contribution percentages. The contribution has been capped at 0.75% for the period through to 2022. Changes during the term of the CLA If, during the extensive term of this CLA NXP wishes to introduce changes, e.g. to the performance rating system, parties will discuss required modifications of the text of the CLA. If CLA parties agree, these changes can be introduced during the term of this CLA. ANNEX F REPLACEMENT AND SUPPLEMENTARY PROVISIONS THAT APPLY TO EMPLOYEES OF THE UNIFORMED SERVICE OF THE SECURITY DEPARTMENT A r t i c l e 1 Definitions In this Annex the following terms are understood to mean: Employer: each of the parties as mentioned under 1 through 1.2. of ...
Sample 1
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Compensation for 3rd year of unemployment benefit. The legal duration and structure of unemployment benefits, whereby the first day of unemployment falls on or after January 1, 2016, will be restricted. NXP has agreed with the trade unions to look into possibilities for compensating the restrictions on structure and duration of the unemployment benefits in the legal, public section with private supplementary insurances at CAO-level. If that proves to be possible via a national executive body, parties will make further agreements, whereby the principles of the STAR agreement will be guiding. Role of trade unions in the event of sale/disposition, takeover, and reorganization NXP and the trade unions will discuss the role of the trade unions, the Works Council and NXP in the above mentioned situations. Guiding principles will be the applicable legislation, the NXP CAO and the SER merger code.
Sample 1
Compensation for 3rd year of unemployment benefit. The legal duration and structure of unemployment benefits, whereby the first day of unemployment falls on or after January 1, 2016, will be restricted. Nexperia has agreed with the trade unions to compensate the restrictions on structure and duration of the unemployment benefits in the legal, public section with private supplementary insurances at CLA level (PAWW). The premium will be paid by the employee.
Sample 1

Related to Compensation for 3rd year of unemployment benefit

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