Redundancy (Aca Sample Clauses

Redundancy (Aca. Gen) (a) Upon leaving the University due to redundancy the employee shall receive one weeks’ ordinary pay for each two months of the first year of service and one weeks ordinary pay for every subsequent six months service to a maximum of 36 weeks. Except that the redundancy compensation entitlement for: (i) Former Palmerston North College of Education (“PNCOE”) staff, who were employed by the PNCOE at the date of the merger with Xxxxxx University (being 1 June 1996) and who have continuous service with XXXXX and Xxxxxx University, will be preserved as at 1 August 1998 so that such employees retain any greater redundancy compensation payment that they would be entitled to at that date on the basis of the Employment Contract provisions that that employee had on 31 May 1996. (ii) Former Wellington Polytechnic staff who were employed by Wellington Polytechnic at the date of the merger with Xxxxxx University (being 1 July 1999), and who have continuous service with the Wellington Polytechnic and Xxxxxx University, will be preserved as at 1 January 2000 so such employees retain any greater redundancy compensation payment that they would be entitled to at that date on the basis of the employment contract provisions that the employee had on 30 June 1999. (b) Where a pro-rated severance payment has been paid (in accordance with clause 8.5.5.3(b)) that employee will not have the pro-rated service that was compensated for through a severance payment taken into account for any future severance payment in the event that their position becomes redundant. (c) Periods of approved leave without pay, including Parental Leave, shall not be considered to break a period of service but will be discounted in calculating the number of years of service. (d) In the case of employees on parental leave the calculations shall be based on the salary rate at the time of taking leave. (e) Where an employee receives a severance payment and returns to work at Xxxxxx University, that employee will not have service up until that date of severance counted again for any future severance payment in the event that their position becomes redundant.
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Related to Redundancy (Aca

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