Common use of Long Service Leave and Severance Provisions Clause in Contracts

Long Service Leave and Severance Provisions. Where the options outlined in clause 9A.7(a) and (b) have been thoroughly explored and no such option is suitable, the employer shall offer a teacher either: Long Service Payment - To be paid a long service payment to assist a teacher, with not less than twenty-five years service, to retire from the teaching service. The payment will be equivalent to twenty-six weeks salary at the time of termination; or Severance - to be paid a severance payment based on the following table: Up to 3 years 7 weeks Over 3 and up to 5 years 15 weeks Over 5 years 23 weeks

Appears in 4 contracts

Samples: Primary Teachers' Collective Agreement, Primary Teachers' Collective Agreement, Primary Teachers' Collective Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!