Determination and Effect. If the Board determines that the number of employees is in excess of its current requirements, it shall have the right to reduce the number of employees in a classification or to eliminate or consolidate positions. Compensation and fringe benefits shall be suspended during any periods of layoff. The Board agrees to pay their portion of insurance benefit premiums (see Article 12, Section 5) for the remainder of the month plus one additional month following the date of layoff for employees with one (1) full year of seniority. The employee shall continue to be responsible for his/her portion of the monthly premiums during this time.
Appears in 3 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
Determination and Effect. If the Board determines that the number of employees is in excess of its current requirements, it shall have the right to reduce the number of employees in a classification or to eliminate or consolidate positions. Compensation and fringe benefits shall be suspended during any periods of layoff. The Board agrees to pay their portion of insurance benefit premiums for a period of thirty (see Article 12, Section 530) for the remainder of the month plus one additional month days following the date of layoff for employees with one (1) full year of seniority. The employee shall continue to be responsible for his/her portion of the monthly premiums during this time.
Appears in 1 contract
Samples: Master Agreement