Redundancy Payments. (a) All Employees, inclusive of casuals, are entitled to redundancy benefits through payments made by the Employer to the Redundancy Fund ('1he Redundancy Fund payment") by the Company on their behalf as set out in Appendix 1 of this agreement. All contributions paid in accordance with the provisions of this clause will be paid on a monthly basis. (b) The entitlement to the Redundancy Fund payment for a pay period will arise when the Employee has worked 19 hours or more during a pay period provided that all periods of authorised leave are to be treated in the same manner as if the Employee concerned had worked during the period of authorised leave. (c) In circumstances where an Employee's entitlement to the Redundancy Fund payment arises whilst the Employee is on authorised leave then the Redundancy Fund payment will be made in the same quantum as the Redundancy Fund payment paid by the Company in relation to the Employee for the pay period immediately preceding the commencement of the authorised leave. (d) The Company will at the time of termination: (i) provide a Redundancy Fund ''certificate of employment'' to the Employee with the Employee's termination payment, within two business days; (ii) ensure all contributions owing to Redundancy Fund in relation to the Employee are paid up to date; and (iii) complete a certificate of employment on the form provided by Redundancy Fund to certify the length of the Employee's employment with the Company and to forthwith forward that certificate to Redundancy Fund. (e) When an Employee's employment is terminated by the Company on account of redundancy the Company will pay to the Employee a lump sum that equals the amount the Company is obliged to pay pursuant to the relevant industrial instrument in regard to redundancy less any credits in the Employee's account in Redundancy Fund , provided that if the Company's obligation in relation to redundancy pursuant to the relevant industrial instrument is equal to or less than the credits in the Employee's account in Redundancy Fund , then the Company will not be liable for any further payments in relation to redundancy pursuant to this Clause. (f) Alf Redundancy Fund payments must be paid to Redundancy Fund on or before the 15th of each month. (g) The Redundancy Fund payment will be deemed to be inclusive of tax payments (if any) required to be made in relation to Fringe Benefits Taxation.
Appears in 1 contract
Samples: Enterprise Agreement
Redundancy Payments. (a) All Employees, inclusive of casuals, are Employees made redundant shall be entitled to receive the following redundancy benefits through payments made by in addition, to separate entitlements to Special Leave, Annual Leave, Long Service Leave and Personal Leave Payout entitlements as well as their full share of the Employer to the Redundancy Fund ('1he Redundancy Fund payment") by the Company on their behalf South East Fibre Exports Superannuation Plan as set out determined in Appendix 1 of this agreement. All contributions paid in accordance line with the provisions of this clause will be paid on a monthly basisthe Trust Deed.
(b) The entitlement Redundancy payments at current salary level will be paid to the Redundancy Fund payment each employee as follows:
(i) Four (4) weeks pay, plus
(ii) Three (3) weeks pay for a pay period will arise when the Employee has worked 19 hours or more during a pay period provided that all periods each completed year of authorised leave are to be treated service in the same manner as if case of Voluntary Redundancy or
(iii) Four (4) weeks per year of service in the Employee concerned had worked during the period case of authorised leaveforced redundancy only.
(iv) The payments prescribed in (o), (i), (ii) and (iii) shall not exceed a combined total of 78 weeks pay.
(c) In circumstances where an Employee's entitlement the case of voluntary redundancy only, employees over the age of forty (40) years shall be entitled to one week’s pay for each year of service completed after they have attained the age of forty in addition to the Redundancy Fund payment arises whilst the Employee is on authorised leave then the Redundancy Fund payment will be made payments prescribed in the same quantum as the Redundancy Fund payment paid by the Company in relation to the Employee for the pay period immediately preceding the commencement of the authorised leave.sub-clause (o)
(d) The Company will at Notwithstanding the time provisions for payment set out in (o) and (p) above, an employee shall not be entitled under this severance pay provision to payments in excess of termination:
(i) provide a Redundancy Fund ''certificate of employment'' to the Employee with the Employee's termination payment, within two business days;
(ii) ensure all contributions owing to Redundancy Fund those he/she would have received in relation to the Employee are paid up to date; and
(iii) complete a certificate of employment on the form provided by Redundancy Fund to certify the length of the Employee's employment ordinary pay had he/she remained with the Company and to forthwith forward until the nominal retirement date, that certificate to Redundancy Fund.being the date they turn 65 years of age
(e) When Where an Employee's employee takes up employment is terminated by away from the Company on account Eden area which requires the employee and his/her family to relocate within six (6) months of redundancy being retrenched, the Company will pay reimburse removalist expenses to a maximum of $1,500 subject to the Employee a lump sum that equals the amount the Company is obliged to pay pursuant to the relevant industrial instrument in regard to redundancy less any credits in the Employee's account in Redundancy Fund , provided that if the Company's obligation in relation to redundancy pursuant to the relevant industrial instrument is equal to or less than the credits in the Employee's account in Redundancy Fund , then following conditions:
(f) Reimbursement by the Company will not be liable for any further payments in relation made where the employee is entitled to redundancy pursuant to this Clause.
(f) Alf Redundancy Fund payments must be paid to Redundancy Fund on or before assistance under the 15th of each monthRelocation Assistance Scheme administered by Centrelink.
(g) The Redundancy Fund payment will be deemed To qualify for reimbursement from the Company affected employees must provide the Company with accounts and/or receipts relating to be inclusive of tax payments (if any) required to be made in relation to Fringe Benefits Taxationall removalist expenses incurred.
Appears in 1 contract
Redundancy Payments. (a) All Employees, inclusive of casualscasuals but excluding apprentices/trainees, are entitled to redundancy benefits through payments made by the Employer employer to the Redundancy Fund ('1he "the Redundancy Fund payment") by the Company on their behalf as set out in Appendix 1 of this agreement. All contributions paid in accordance with the provisions of this clause will be paid on a monthly basisbehalf.
(b) The entitlement to the Redundancy Fund payment for a pay period will shall arise when the Employee has worked 19 hours or more during a pay period provided that all periods of authorised leave are to be treated in the same manner as if the Employee concerned had worked during the period of authorised leave.
(c) In circumstances where an Employee's entitlement to the Redundancy Fund payment arises whilst the Employee is on authorised leave then the Redundancy Fund payment will shall be made in the same quantum as the Redundancy Fund payment paid by the Company in relation to the Employee for the pay period immediately preceding the commencement of the authorised leave.
(d) Subject to this clause, for work performed by an Employee in any pay period up to and including 1 June 2003, and which is provided for in a relevant Division, the Redundancy Fund payment shall be the amount set out in the wages and other remuneration clause of that Division under the heading "Redundancy/Training".
(e) Subject to this clause, for work performed by an Employee in any pay period from 1 June 2003, or the date of certification whichever is the later, and which is provided for in a relevant Division, the Redundancy Fund payment shall be the amount set out in the wages and other remuneration clause of that Division under the heading "Redundancy/Training" less the amount of $5.00.
(f) For the purposes of (d) and (e) an Employee shall be deemed to have performed work provided for in relation to a relevant Division for the whole of the pay period if the Employee has worked for 19 hours or more in that pay period in work which is provided for in that Division.
(g) The Company will shall at the time of termination:
(i) provide a Redundancy Fund ''"certificate of employment'' " to the Employee with the Employee's termination payment, within two business 4 working days;
(ii) ensure all contributions owing to Redundancy Fund in relation to the Employee are paid up to date; and
(iii) complete a certificate of employment on the form provided by Redundancy Fund to certify the length of the Employee's employment with the Company and to forthwith forward that certificate to Redundancy FundFund .
(eh) When an Employee's employment is terminated by the Company on account of redundancy the Company will shall pay to the Employee a lump sum that equals the amount the Company is obliged to pay pursuant to the relevant industrial instrument in regard to redundancy less any credits in the Employee's account in Redundancy Fund , provided that if the Company's obligation in relation to redundancy pursuant to the relevant industrial instrument is equal to or less than the credits in the Employee's account in Redundancy Fund , then the Company will shall not be liable for any further payments in relation to redundancy pursuant to this Clause.
(fi) Alf All Redundancy Fund payments must be paid to Redundancy Fund on or before the 15th of each month.
(gj) The Redundancy Fund payment will shall be deemed to be inclusive of tax payments (if any) required to be made in relation to Fringe Benefits Taxation.
Appears in 1 contract
Samples: Certified Agreement
Redundancy Payments. (a) All Employees, inclusive of casuals, are entitled to redundancy benefits through payments made by the Employer employer to the Redundancy Fund ('1he "the Redundancy Fund payment") by the Company Employer on their behalf as set out in Appendix 1 of this agreementbehalf. All Employer contributions paid in accordance with the provisions of this clause for Apprentices will be paid on a monthly basispro rota based as per percentages reflected in Schedule 1 .
(b) The entitlement to the Redundancy Fund payment for a pay period will shall arise when the Employee has worked 19 hours or more during a pay period provided that all periods of authorised leave are to be treated in the same manner as if the Employee concerned had worked during the period of authorised leave.
(c) In circumstances where an Employee's entitlement to the Redundancy Fund payment arises whilst the Employee is on authorised leave then the Redundancy Fund payment will shall be made in the same quantum as the Redundancy Fund payment paid by the Company Employer in relation to the Employee for the pay period immediately preceding the commencement of the authorised leave.
(d) The Company will Employer shall at the time of termination:
(i) provide a Redundancy Fund ''"certificate of employment'' " to the Employee with the Employee's termination payment, within two business 4 working days;
(ii) ensure all contributions owing to Redundancy Fund in relation to the Employee are paid up to date; and
(iii) complete a certificate of employment on the form provided by Redundancy Fund to certify the length of the Employee's employment with the Company Employer and to forthwith forward that certificate to Redundancy FundFund .
(e) When an Employee's employment is terminated by the Company Employer on account of redundancy the Company will Employer shall pay to the Employee a lump sum that equals the amount the Company Employer is obliged to pay pursuant to the relevant industrial instrument in regard to redundancy less any credits in the Employee's account in Redundancy Fund , provided that if the CompanyEmployer's obligation in relation to redundancy pursuant to the relevant industrial instrument is equal to or less than the credits in the Employee's Employee'.s account in Redundancy Fund , then the Company will Employer shall not be liable for any further payments in relation to redundancy pursuant to this Clause.
(f) Alf All Redundancy Fund payments must be paid to Redundancy Fund on or before the 15th of each month.
(g) The Redundancy Fund payment will shall be deemed to be inclusive of tax payments (if any) required to be made in relation to Fringe Benefits Taxation.
Appears in 1 contract
Samples: Enterprise Agreement