Layoff Payments. Employees laid off under the provisions of this Article will be entitled to a payment as specified in Article 25 (Termination Payments).
Layoff Payments. (a) Except as otherwise specified below a regular employee with one or more years of continuous service since the latest date of engagement or reengagement who is laid off under the provisions of this article, shall receive a payment for each completed year of seniority net credited service as defined in General 1.14 (b). as follows:
Layoff Payments. (a) Except as otherwise specified below a regular employee with one or more years of continuous service since the latest date of engagement or reengagement who is laid off under the provisions of this article, shall receive a payment for each completed year of seniority net credited service as defined in General 1.14 (b). as follows: Completed Years of Net Credited Service Amount of Payment 1 2 wks 2 3 wks 3 4 wks 4 5 wks 5 7 wks 6 9 wks 7 11 wks 8 13 wks 9 15 wks 10 17 wks 11 20 wks 12 23 wks 13 26 wks 14 29 wks 15 32 wks 16 35 wks 17 38 wks 18 41 wks 19 44 wks 20 48 wks 21 & over 57 wks
