Common use of Pay-In-Lieu Option Clause in Contracts

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27.Article 7.1 27.7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts or is deemed to accept a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-in- lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts or is deemed to accept a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts or is deemed to accept a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27.Article 7.1 27.7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 27.20 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay27.5.1 An employee who accepts pay-in-lieu options under this Agreement means and shall receive either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, Articles 27.9 and enhanced severance under Article 27.20, 27.10 payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 27.5.3 for the duration of the notice period, plus severance as provided for in Article 27.15Articles 27.9 and 27.10, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 27.5.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 27.5.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 27.5.4 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 27.5.5 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to awarded a position in with the Ontario Public Service Employer prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario Employer a sum of money equal to the amount paid for the period between the date of reappointment recommencing work and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointmentrecommencing work. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six (6) months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay27.6.1 An employee who accepts pay-in-lieu options under this Agreement means and shall receive either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, Articles 27.10 and enhanced severance under Article 27.20, 27.9 payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 27.6.3 for the duration of the notice period, plus severance as provided for in Article 27.15Articles 27.10 and 27.11, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 27.6.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 27.8.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 27.6.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 27.6.4 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 27.6.5 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to awarded a position in with the Ontario Public Service Employer prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario Employer a sum of money equal to the amount paid for the period between the date of reappointment recommencing work and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointmentrecommencing work. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay27.5.1 An employee who accepts pay-in-lieu options under this Agreement means and shall receive either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, Articles 27.9 and enhanced severance under Article 27.20, 27.10 payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 27.5.3 for the duration of the notice period, plus severance as provided for in Article 27.15Aritlces 27.9 and 27.10, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 27.5.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 27.5.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 27.5.4 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 27.5.5 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to awarded a position in with the Ontario Public Service Employer prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario Employer a sum of money equal to the amount paid for the period between the date of reappointment recommencing work and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointmentrecommencing work. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six six-months’ ‘ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service OPACY prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario OPACY a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s employee‘s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer employer of preferences for payment payment- under Article 27. 7.1 to ensure tax-effective treatment, the Employer employer will comply subject to requirements at law. 27.7.3 Where an employee accepts or is deemed to accept a pay-in-lieu option pursuant to this Article, the employee's ’s last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or he/she wishes to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts or is deemed to accept a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts or is deemed to accept a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six (6) months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes they wish to take a pay-in-lieu option in which case the particular pay-in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).

Pay-In-Lieu Option. 27.7.1 Pay-in-lieu options under this Agreement means either: (a) a lump sum of six six-months’ pay, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20, payable as soon as possible, but not later than three pay periods following acceptance of the pay-in-lieu option, in which case all salary and benefit entitlements which would have accrued to the employee from the last day worked to the layoff date are forfeited; or (b) continuance of salary plus benefits (except STSP and LTIP) commencing on the date set out in Article 27.7.3 for the duration of the notice period, plus severance as provided for in Article 27.15, and enhanced severance under Article 27.20 paid out at the layoff date. 27.7.2 Where the employee advises the Employer of preferences for payment under Article 27. 7.1 to ensure tax-effective treatment, the Employer will comply subject to requirements at law. 27.7.3 Where an employee accepts a pay-in-lieu option pursuant to this Article, the employee's last day at work shall be five (5) working days after the employee advises or is deemed to advise the Employer of the acceptance of a pay-in-lieu option, or such other period as the employee and the Employer shall agree. 27.7.4 An employee who is declared surplus who does not accept or is not deemed to have accepted a pay-in-lieu option may during the notice period indicate that he or she wishes to take a pay-in-lieu option in which case the particular pay-pay- in-lieu option chosen shall be calculated from the last day of work until the end of the notice period. 27.7.5 Where an employee accepts a pay-in-lieu option pursuant to this Article, any further entitlements under this Agreement are forfeited with the exception that the employee will be eligible to apply for restricted competitions from the last day of work until twenty-four (24) months from the date on which layoff would otherwise have occurred. 27.7.6 Where an employee who accepts a pay-in-lieu option pursuant to this Article is reappointed to a position in the Ontario Public Service Advocate’s Office prior to the originally projected layoff date, the employee will repay to the Treasurer of Ontario Advocate’s Office a sum of money equal to the amount paid for the period between the date of reappointment and the original projected layoff date. The employee’s continuous service date, for all purposes except severance, shall be deemed to include both service up to last day of work and the accumulation of service after the date of reappointment. The new continuous service date for severance purposes shall be the date on which the employee recommences work. 27.7.7 An employee who accepts a pay-in-lieu option pursuant to this Article shall forfeit any entitlements under the Surplus Factor 80 program, if any, pursuant to Article 27.19 (Surplus Factor 80).