Common use of Redundancy benefit Clause in Contracts

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Secretary under section 29 of the Public Service Act 1999 on the grounds that they are excess to requirements, is entitled to payment of a redundancy benefit of an amount equal of two weeks’ salary for each completed year of continuous service, plus a pro rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the National Employment Standards.

Appears in 3 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

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Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit agrees to be voluntarily retrenched and whose employment is terminated by the Secretary Chair under section 29 of the Public Service Act 1999 on the grounds that they are the employee is excess to requirements, is entitled the requirements of the Agency will be paid a sum equal to payment of a redundancy benefit of an amount equal of two weeks’ weeks salary for each completed year of continuous service, plus a pro pro-rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the National Employment Standards.

Appears in 1 contract

Samples: Enterprise Agreement

Redundancy benefit. An employee who elects for retrenchment agrees to be voluntarily retrenched with a redundancy benefit and whose employment is terminated by the Secretary under section 29 of the Public Service Act 1999 on the grounds that they are he or she is excess to requirements, is entitled to payment of be paid a redundancy benefit of an amount sum equal of to two weeks’ salary for each completed year of continuous service, plus a pro pro-rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the National Employment Standards.

Appears in 1 contract

Samples: Enterprise Agreement

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Secretary Chief Executive Officer under section 29 s.29 of the Public Service Act 1999 (PS Act) on the grounds that they are he / she is excess to requirementsthe requirements of the agency, is entitled to payment of a redundancy benefit of an amount equal of to two weeks’ salary for each completed year of continuous service, plus a pro pro-rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the National Employment StandardsStandards (NES).

Appears in 1 contract

Samples: Enterprise Agreement

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Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Secretary under section 29 of the Public Service Act 1999 on the grounds that they are he or she is excess to requirementsthe requirements of the department, is entitled to payment of a redundancy benefit of an amount equal of to two weeks’ weeks‟ salary for each completed year of continuous service, plus a pro pro-rata payment amount for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the National Employment Standards.

Appears in 1 contract

Samples: Medical Officers Agreement

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Secretary under section 29 s.29 of the Public Service PS Act 1999 on the grounds that they are he/she is excess to requirements, is entitled to payment of a redundancy benefit of an amount equal of two weeks’ salary for each completed year of continuous service, plus a pro rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the National Employment StandardsStandards (NES).

Appears in 1 contract

Samples: Enterprise Agreement

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