JOB AND INCOME SECURITY. 1. Definitions
(a) The terms "plant closing" and "to close a plant" mean the announcement and carrying out of a plan to terminate and discontinue either all Company operations at the Evendale, Ohio plant or those Company operations at the Evendale, Ohio plant which would result in the termination of all employees represented by the Union when these employees do not have displacement rights. Such terms do not refer to the termination and discontinuance of only part of the Company's operations at the Evendale Plant, except as specifically provided in the paragraph above, nor the termination or discontinuance of all of its former operations coupled with the announced intention to commence there either larger or smaller other operations. Any employees released by such latter changes will be considered as out for lack of work and will be subject to provisions applicable to those on layoff. Also, such terms do not refer to the transfer or sale of such operations to a successor employer who offers continued employment to Company employees. Company employees who are not offered continued employment by the Company or by the successor employer will be considered as out for lack of work and will be subject to provisions applicable to those on layoff.
(b) The term "plant closing date" means the day when benefits for and terminations of represented employees begin because of a plant closing.
(c) The terms "transfer of work," "to transfer work," and "work transfer" mean the discontinuance of ongoing work at the Evendale Plant coupled with the assignment of the same work to a different location, including subcontracting the same work to another employer, if such assignment of work would directly cause a decrease in the number of represented employees performing such work at the Evendale Plant.
(d) The term "robot" means a programmable, multifunction manipulator designed to move materials, parts, tools or specialized devices through variable programmed motions for the performance of a variety of tasks.
JOB AND INCOME SECURITY. SERO job‐loss protection benefit renewed through the term of the contract SERO 30 protection renewed through the term of the contract Plant Closing Pension Option (PCPO) protection renewed through the term of the contract Employees eligible for PCPO and direct impact SERO and SERO 30 receive: Special Supplement Benefit Option (SSBO) Preferential Placement
JOB AND INCOME SECURITY. 11.1 In the event that the Company decides to:
a) close the Belleville facility, b) do any or all of the following:
(i) transfer work out of the bargaining unit to another Company location,
(ii) transfer work out of the Bargaining Unit,
(iii) permanently eliminate jobs for reasons other than market fluctuations, and as a direct result either: • 10% or more of the employees in such bargaining unit (excluding probationary employees, temporary employees, employees laid off and employees on LTD benefits not engaged in rehabilitation at a Company location), or • 10% or more of such employees in a skill group, but, in no case less than a total of 3 employees are given, during any period of ninety
JOB AND INCOME SECURITY. In the event that the Company decides to:
JOB AND INCOME SECURITY. Section 1
JOB AND INCOME SECURITY. Replace current with:
JOB AND INCOME SECURITY. A. SERO/SERO 30: Provide a Special Early Retirement Option for Employees Impacted by a “Permanent Job Loss Event”
1. Eligibility:
A. Applicable employees at least age 55 and under age 60 with 25 years or more of Pension Qualification Service (PQS) on the date of the "Permanent Job Loss Event" who i. are directly impacted by a "Permanent Job Loss Event", or
JOB AND INCOME SECURITY. 1. Definitions
(a) The terms "plant closing" and "to close the plant" mean the announcement and carrying out of a plan to terminate and discontinue either all Company operations at the plant, or those Company operations which would result in the termination of all employees represented by the Union where those employees do not have displacement rights. Such terms do not refer to the termination and discontinuance of only part of the Company's operations at the plant, (except as specifically provided in the paragraph above) nor to the termination or discontinuance of all of its former operations coupled with the announced intention to commence there either larger or smaller other operations. Any employees released by such latter changes will be considered as out for lack of work and will be subject to provisions applicable to those on layoff. Also, such terms do not refer to the transfer or sale of such operations to a successor employer who offers continued employment to Company employees. Company employees who are not offered continued employment by the Company or by the successor employer will be considered as out for lack of work and will be subject to provisions applicable to those on layoff.
(b) The term "plant closing date" means the day when benefits for and terminations of represented employees begin because of a plant closing.
(c) The terms "transfer of work," "to transfer work," and "work transfer" mean the discontinuance of ongoing work at one location coupled with the assignment of the same work to a different location, including subcontracting the same work to another employer, if such assignment of work would directly cause a decrease in the number of represented employees performing such work at the first location.
JOB AND INCOME SECURITY. XXXXXX recognises that job security is essential to employees' well being and acknowledges that it has a responsibility, with the co- operation of the Union to provide long term stable employment and income security to its employees. The long-term achievement of job and income security is directly linked to XXXXXX'x ability to produce at industry competitive levels in relation to productivity and cost and to achieve levels of profitability commensurate with funds invested. The Union's commitments in this Agreement are a significant step towards the basis for such long-term stability. XXXXXX also recognises that the job and income security of employees is equally important in providing a stable and secure employment environment. XXXXXX has sought and will continue to pursue a policy to minimising the potential impact on employees created by market fluctuations and disruptions of supplier deliveries. XXXXXX will continue to take measures which may include the re-allocation of work, rescheduling of production and other measures, including specific purpose training or retraining where practicable, that may be available to minimise the loss of employee income. Additionally in seeking the application of Continuous Improvement within the organisation, any employee who is displaced by such improvements will be retained and/or offered re-allocation to other productive employment within XXXXXX which is appropriate and of a similar level. No redundancies will directly result from Continuous Improvement activities as defined in this Agreement and any excess labour that may occur will be handled by transfers and/or natural attrition.
JOB AND INCOME SECURITY
