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 s.29 of the PS Act on the grounds that 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 NES.

Redundancy benefit. An employee who elects for retrenchment with a accepts an offer of voluntary redundancy benefit and whose employment is terminated by the Secretary Commissioner under s.29 s 29 of the PS Act on the grounds that 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 NES.

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Secretary Commissioner under s.29 of the PS Act on the grounds that 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 NES.

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Secretary CEO under s.29 of the PS Act on the grounds that 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 NES.

Redundancy benefit. An employee who elects for retrenchment redundancy with a redundancy benefit and whose employment is terminated by the Secretary CEO under s.29 section 29 of the PS Act PSA on the grounds that he/she is they are excess to requirements, 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 for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NES.