Employees Accepting Severance Pay. In the event that part of the Plant remains open, Employees eligible to receive separation allowance may elect to remain on the seniority list for possible recall. The Company will hold the separation allowance for such employee so long as they are eligible for recall, during which time the employee may request payment subject to the provisions of the above section. Those re-employed on this basis shall continue to accumulate seniority during the period of layoff.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement