Redundancy Payment. If you are a permanent staff member ACC will make a redundancy payment as follows: 3 months base salary; $43,260. The redundancy payment will be made in a lump sum and taxed at the appropriate rate as stipulated under the Income Tax Act 1976 and amendments. The redundancy payment will be payable in the pay period following the date of termination. The payment to be made will be contingent on you remaining at work and performing your normal duties until the expiry of the period of notice, unless the appropriate General Manager approves otherwise. The date of termination is your last day of work.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
