Common use of Eligibility for Severance Allowance Clause in Contracts

Eligibility for Severance Allowance. A regular employee leaving the employ of the site shall be entitled to receive severance allowance as calculated in Articles 52.02 and 52.03 providing that the employee falls into one of the following categories: A) Employees with ten (10) years of service who of their own volition leave the site work force after their fifty-fifth (55th) birthday. B) Effective August 1, 2005, 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 discharged for cause. i) Employees enrolled under the provisions of the Pension (Municipal) Act who are required to retire from the site work force because of a medical disability of a like nature to those defined under the provisions of the Pension (Municipal) Act. ii) Employees who are not enrolled under the Pension (Municipal) Act who are required to retire from the site work force because of a medical disability of a like nature to those defined under the provisions of the Pension (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 Pension (Municipal) Act. D) Employees with ten (10) years of service who die in service. E) 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 site shall be entitled to receive severance allowance as calculated in Articles 52.02 and 52.03 providing that the employee falls into one of the following categories: A) Employees with ten (10) years of service who of their own volition leave the site work force after their fifty-fifth (55th) birthday. B) Effective August 1, 2005, 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 discharged for cause. i) Employees enrolled under the provisions of the Pension (Municipal) Act who are required to retire from the site work force because of a medical disability of a like nature to those defined under the provisions of the Pension (Municipal) Act. ii) Employees who are not enrolled under the Pension (Municipal) Act who are required to retire from the site work force because of a medical disability of a like nature to those defined under the provisions of the Pension (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 Pension (Municipal) Act. D) Employees with ten (10) years of service who die in service. E) 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 site facility shall be entitled to receive severance allowance as calculated in Articles 52.02 and 52.03 providing that the employee falls into one of the following categories: A) Employees with ten (10) years of service who of their own volition leave the site facility work force after their fifty-fifth (55th) birthday. B) Effective August 1, 2005, 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 discharged for cause. i) Employees enrolled under the provisions of the Pension (Municipal) Act who are required to retire from the site facility work force because of a medical disability of a like nature to those defined under the provisions of the Pension (Municipal) Act. ii) Employees who are not enrolled under the Pension (Municipal) Act who are required to retire from the site facility work force because of a medical disability of a like nature to those defined under the provisions of the Pension (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 Pension (Municipal) Act. D) Employees with ten (10) years of service who die in service. E) Eligibility for severance allowance is not dependent upon participation in, or contribution to, the Municipal Superannuation Plan.