RETRENCHMENT BENEFIT. An employer must pay an employee who is dismissed for reasons based on the employer's operational requirements, severance pay, equal to at least one week's remuneration for each completed year of continuous service with that employer, unless the employer has been exempted from the provisions of section 196 (1) of the Act by the Minister.
RETRENCHMENT BENEFIT. A Staff Member who is retrenched will be entitled to the following payments:
RETRENCHMENT BENEFIT. (1) An employee shall be paid a retrenchment benefit on the termination of service on the ground of bona fide redundancy or because the Club ceases business or the Club is placed under receivership, judicial management or on the grounds of winding- up or liquidation whether voluntarily or involuntarily at the following rate: One (1) month’s last drawn salary for each year of continuous service with the Club, up to a maximum of twenty-five (25) years of service, and a proportionate part thereof for any incomplete year of service.
(2) In the event of a retrenchment, the Club shall inform the Union in writing of impending retrenchment at least one (1) month before retrenchment notice is given to the affected employee.
(3) The notice of termination of service to any employee so affected shall not be less than one (1) month or one (1) month’s pay in lieu of notice.
(4) In addition to paragraph (3), the benefits payable to retrenched employees shall be as follows:
(a) Pro-rated unconsumed annual leave;
(b) Pro-rated annual wage supplement;
(c) Payment in lieu of maternity leave in accordance with clause 23 of this Agreement for female employees who are certified by a registered medical practitioner or a Government owned maternity hospital as being pregnant on the day of retrenchment.
RETRENCHMENT BENEFIT. (1) In the event of a situation of redundancy the Company shall inform the Union in writing of impending redundancy at least one month before any redundancy notice is served on any employee.
(2) The notice of termination of service to any employee affected by redundancy shall be in accordance with the notice periods stated in clause 13 of this Agreement.
(3) The Company shall pay retrenchment benefits to each employee affected by redundancy who has completed a minimum of three continuous years of service with the Company at a rate equivalent to one month’s last drawn basic salary for each year of service with the Company and pro-rated for any incomplete year of service.
(4) An employee who has completed a minimum of three continuous years of service with the Company and whose services are terminated by reason of the Company ceasing to carry on business or the Company transferring the whole or part of its undertaking or property as the case may be, or whose services are terminated upon by reason of the Company being placed under receivership or liquidation, shall be paid a benefit of one month’s basic wages for every year of service and pro-rated for any incomplete year of service.
RETRENCHMENT BENEFIT. (1) In the event of a situation of redundancy, the Company shall inform the Union, in writing, one (1) month in advance before retrenchment notice is given to the affected employees.
(2) The notice of termination of service to any employee so affected shall not be less than one (1) month or one (1) month’s pay in lieu of notice.
(3) The quantum of retrenchment benefit shall be one (1) month’s salary for each completed year of service and pro-rated thereof for any incomplete year of service subject to the employee having completed a minimum period of two (2) years’ continuous service or such minimum length of service as prescribed by the Employment Act, at the date of termination of employment.
(4) For those with less than two (2) years’ continuous service, they will receive an ex-gratia payment of two (2) weeks per year of service and pro-rated thereof for any incomplete year of service.
(5) The Company shall pay retrenchment benefit as spelt out in sub- clause (3) and (4) of this clause upon termination of an employee’s service due to:
(a) Cessation of the Company’s business
(b) Placement of the Company under receivership or liquidator
(c) Discontinuance of the employee’s service as a result of the Company transferring the whole or part of its undertaking or property
(6) For the purpose of this clause “salary” means last drawn basic salary.
(7) Unutilised annual leave shall be encashed by the affected employees.
RETRENCHMENT BENEFIT. (1) In the event of redundancy arising from liquidation, receivership or winding-up, the Company shall inform the Union in writing at least one month before redundancy notice is given to affected employee(s).
(2) The notice of termination of service to any employee so affected shall be in accordance with Appendix II to this Agreement or the respective month's pay in lieu of notice.
(3) For employees whose length of service is two (2) years or more, the quantum of retrenchment benefit shall be one (1) month’s last drawn salary for each completed year of service or pro-rated for any incomplete year of service. Employees with less than two (2) years of service shall be paid an ex-gratia payment of one (1) month’s last drawn salary.
(4) For the purpose of this clause "salary" means last drawn basic salary.
RETRENCHMENT BENEFIT. (1) In the event of redundancy or because the Club ceases business or the Club is placed under receivership, judicial management or by reason of re-organisation, or on grounds of winding up or liquidation whether voluntarily or involuntarily, the Club shall pay a retrenchment benefit to all affected employees at the following rate:
(a) Employees below age 62 : (i) All employees with less than two (2) years of service with the Club to receive half month’s last drawn basic salary for each year of completed service with the Club and a proportionate part thereof for any incomplete year of service;
RETRENCHMENT BENEFIT. (1) In the event that the Company intends to retrench any employees due to redundancy or reorganisation, the Company shall inform the Union in writing of such impending retrenchments at least one month before the retrenchment notices are given to the affected employees.
(2) The notice of termination of service to any employee so affected shall be not less than one month or one month’s pay in lieu of notice.
(3) The retrenchment benefits payable to the affected employees shall be as follows:
(a) Less than one year’s service - 5 days’ pay of basic wage.
(b) Less than two years’ service - 10 days’ pay of basic wage.
(c) Less than three years’ service - 15 days’ pay of basic wage.
(d) Three years’ service and above - one month’s basic wage for each year of service and part thereof, for any incomplete year of service.
(4) The affected employees shall also be paid the following:
(a) Unconsumed annual leave;
(b) Pro-rated annual wage supplement; and
(c) For female employees who are certified by a Singapore Government medical officer as being pregnant on the day of retrenchment, payment in lieu of maternity leave shall be in accordance with clause 21 of this Agreement.
(5) The length of service shall be computed from the date of the employee’s employment with the Company till the last working day.
RETRENCHMENT BENEFIT. (1) Subject to the provisions of section 45 of the Employment Act and sub-clause (2) below, an employee shall be paid a retrenchment benefit on the termination of his service on grounds of bona fide redundancy or by reason of any reorganisation, liquidation or voluntary or involuntary winding up at the rate of one month's last drawn basic salary for each year of continuous service with the Hotel, subject to a maximum of 25 months’ basic salary, and a proportionate part thereof for any incomplete year of service from the date of joining the company.
(2) Subject to the provisions of section 45 of the Employment Act, in the event that an employee is retrenched by reason of [bona fide redundancy due to] any renovation, refurbishment, construction or redevelopment of the Hotel (which may or may not result in a closure of any part of the Hotel), an employee shall be paid a retrenchment benefit at the rate of one month’s last drawn basic salary for each year of continuous service with the Hotel, subject to a maximum of 25 months’ basic salary, and a proportionate part thereof for any incomplete year of service from the date of joining the Company.
(3) In the event of retrenchment, the Hotel shall give the employee(s) at least two months' notice of termination or pay two months' salary in lieu of notice.
(4) In the event of redundancy, liquidation or winding up whether voluntarily or involuntarily arising, the Hotel shall inform the Union as far in advance as reasonably possible of its intention to retrench.
RETRENCHMENT BENEFIT. 12.4 SACTWU’s HIV/AIDS Project ..............................................................................
