Common use of Effect of Early Payment of Severance Where Closed School Not Replaced Clause in Contracts

Effect of Early Payment of Severance Where Closed School Not Replaced. Where a school is closed without replacement at the end of a school year the teacher shall receive a salary for the supernumerary status up to 1 March. The severance payment shall be paid in the pay period immediately after 1 March. A teacher may request to be paid the severance payment prior to 1 March (although no earlier than the end of the school year) and in these circumstances the payment for the supernumerary period shall be for the period between the end of the school year and the date of payment of the severance payment. Calculation of Severance Payment Payment under this clause will be made in accordance with the provisions below. For the purpose of these provisions, ordinary pay is defined as basic taxable salary, plus regular taxable allowances paid on a continuous basis as at the effective date of disestablishment of the position. For teachers on leave without pay, ordinary pay shall be the ordinary pay at the time of taking leave. A teacher whose position is disestablished who elects to take a severance payment shall be paid according to the table below: Length of Service Weeks of Payment (ordinary pay) Up to 3 years 7 weeks Over 3 years and up to 5 years 15 weeks 5 years and over 23 weeks Calculation of Length of Service for Severance (and Long Service) Payment

Appears in 3 contracts

Samples: Teachers' Collective Agreement, Teachers' Collective Agreement, Teachers' Collective Agreement

AutoNDA by SimpleDocs

Effect of Early Payment of Severance Where Closed School Not Replaced. Where a school is closed without replacement at the end of a school year the teacher shall receive a salary for the supernumerary status up to 1 March. The severance payment shall be paid in the pay period immediately after 1 March. A teacher may request to be paid the severance payment prior to 1 March (although no earlier than the end of the school year) and in these circumstances the payment for the supernumerary period shall be for the period between the end of the school year and the date of payment of the severance payment. Calculation of Severance Payment Payment under this clause will be made in accordance with the provisions below. For the purpose of these provisions, ordinary pay is defined as basic taxable salary, plus regular taxable allowances paid on a continuous basis as at the effective date of disestablishment of the position. For teachers on leave without pay, ordinary pay shall be the ordinary pay at the time of taking leave. A teacher whose position is disestablished who elects to take a severance payment shall be paid according to the table below: Length of Service Weeks eeks of Payment Pay ent (ordinary pay) Up to 3 years 7 weeks eeks Over 3 years and up to 5 years 15 weeks eeks 5 years and over 23 weeks eeks Calculation of Length of Service for Severance (and Long Service) Payment

Appears in 1 contract

Samples: Teachers' Collective Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!