Laid Off Employee Benefits. A. An Employee on layoff as a result of a reduction in forces shall have their medical, dental, and vision insurance premiums continued, at no additional cost to the Employee, for a period of ninety (90) calendar days from date of layoff. B. A laid off Employee shall be paid at the base wage rate for all of their unused Sick Leave in excess of sixty (60) hours and all Annual Leave. This benefit will be paid within two (2) weeks of separation. Unpaid Sick Leave hours of sixty (60) hours or less shall be retained by METRO up to three (3) years should the Employee be reinstated. An Employee having their name placed in the top five (5) places of the call back list shall have the option of having their Annual Leave retained by METRO for up to one (1) year from the date of layoff in lieu of being paid when laid off. C. An Employee involuntarily laid off shall be granted up to eight (8) hours release time with pay at their base wage rate from work for the purpose of transitioning to other employment which may include resume writing, methods of job searching, interviewing, coping with stress or unemployment insurance benefits.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Laid Off Employee Benefits. A. An Employee on layoff as a result of a reduction in forces shall have their her medical, dental, and vision insurance premiums continued, at no additional cost to the Employee, for a period of ninety (90) calendar days from date of layoff.
B. A laid off Employee shall be paid at the base wage rate for all of their her unused Sick Leave in excess of sixty (60) hours and all Annual Leave. This benefit will be paid within two (2) weeks of separation. Unpaid Sick Leave hours of sixty (60) hours or less shall be retained by METRO up to three (3) years should the Employee be reinstated. An Employee having their her name placed in the top five (5) places of the call back list shall have the option of having their her Annual Leave retained by METRO for up to one (1) year from the date of layoff in lieu of being paid when laid off.
C. An Employee involuntarily laid off shall be granted up to eight (8) hours release time with pay at their her base wage rate from work for the purpose of transitioning to other employment which may include resume writing, methods of job searching, interviewing, coping with stress or unemployment insurance benefits.
Appears in 1 contract
Samples: Labor Agreement