Common use of PERMANENT LAYOFF OPTIONS - Severance Pay Clause in Contracts

PERMANENT LAYOFF OPTIONS - Severance Pay. (a) Severance Pay Employees who have not made an election pursuant to 12.04(a)(ii) or who have elected severance pay, on termination of their services, shall receive severance pay based on their salary at the time of displacement, as follows:

Appears in 8 contracts

Samples: Office and Professional Employees, Office and Professional Employees, Collective Agreement

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