Layoff Security Plan. Seniority employees who are subject to layoff are entitled to receive benefits under the Layoff Security Plan negotiated between the Company and Human Resources and Services Development Canada (“HRDSC”). To be eligible, employees must: (1) apply and be approved for the receipt of Employment Insurance Benefits; (2) provide the employer with written evidence from HRDSC that he or she has been approved for the receipt of Employment Insurance Benefits; and (3) be laid off solely due to temporary shortage of work. Such employees will be paid 60% of their normal weekly income, up to the E.I. maximum, to cover the two (2) week waiting period before E.I. benefits normally become available. The administration of this plan shall be governed solely by the summary document approved by Human Resources Development Canada and it is hereby understood that in case of any inconsistency between the summary document and this Agreement, the summary document shall prevail.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement