Common use of Eligibility for Severance Allowance Clause in Contracts

Eligibility for Severance Allowance. A regular employee leaving the employ of the Employer shall be entitled to receive severance allowance as calculated in Articles 59.02 and 59.03 providing that the employee falls into one of the following categories: A) Employees with twelve (12) years’ service, who voluntarily leave the Employer’s work force after their 57th birthday. B) Employees with ten (10) years of service whose services are no longer required by the Employer (closure of Employer’s operations, job redundancy, etc.), except employees dismissed for cause. C) Employees enrolled under the provisions of the Municipal Pension Plan Rules or Public Sector Pension Plans Act, as applicable, who are required to retire from the Employer’s work force because of a medical disability as defined under the provisions of the Municipal Pension Plan Rules or Public Sector Pension Plans Act, as applicable. D) Employees who are not enrolled under the Municipal Pension Plan Rules or Public Sector Pension Plans Act who are required to retire from the Employer’s work force because of a medical disability of a like nature to those defined under the provisions of the Municipal Pension Plan Rules; such medical disability to be determined by a board of medical practitioners established in a like manner to that provided for under the provisions of the Municipal Pension Plan Rules. E) Employees with ten (10) years of service who die in service. F) Eligibility for severance allowance is not dependent upon participation in, or contribution to, the Municipal Superannuation Plan.

Eligibility for Severance Allowance. A regular employee leaving the employ of the Employer shall be entitled to receive severance allowance as calculated in Articles 59.02 55.02 and 59.03 55.03 providing that the employee falls into one of the following categories: A) Employees with twelve ten (1210) years’ ' service, who voluntarily leave the Employer’s 's work force after their 57th 55th birthday. B) Employees with ten (10) years of service whose services are no longer required by the Employer (closure of Employer’s 's operations, job redundancy, etc.), except employees dismissed for cause. C) Employees who are not enrolled under the provisions of the Municipal Pension Plan Rules (Municipal) Act or Pension (Public Sector Pension Plans Service) D) Act, as applicable, who are required to retire from the Employer’s work force because of a medical disability as defined under the provisions of the Municipal Pension Plan Rules or Public Sector Pension Plans Act, as applicable. D) Employees who are not enrolled under the Municipal Pension Plan Rules or Public Sector Pension Plans Act who are required to retire from the Employer’s 's work force because of a medical disability of a like nature to those defined under the provisions of the Municipal Pension Plan Rules(Municipal) Act; such medical disability to be determined by a board of medical practitioners established in a like manner to that provided for under the provisions of the Municipal Pension Plan Rules(Municipal) Act. E) Employees with ten (10) years of service who die in service. F) Eligibility for severance allowance is not dependent upon participation inparticipation, or contribution to, the Municipal Superannuation Plan.