RETRENCHMENT BENEFITS Clause Samples

RETRENCHMENT BENEFITS. (1) An employer shall 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 this clause. (2) An employee who unreasonably refuses to accept the employer’s offer of alternative employment with that employer or any other employer is not entitled to severance pay in terms of subclause (1). (3) The payment of severance pay in compliance with this clause shall not affect an employee’s right to any other amount payable according to law. (4) If there is a dispute only about the entitlement to severance pay in terms of this clause, the employee may refer the dispute in writing to the Regional Chamber, if the parties to the dispute fall within the registered scope of the Regional Chamber. (5) An employee who refers the dispute to the Regional Chamber shall satisfy the Regional Chamber that a copy of the referral has been served on all the other parties to the dispute. (6) The Regional Chamber shall attempt to resolve the dispute through conciliation. (7) If the dispute remains unresolved, the employee may refer it to arbitration.

RETRENCHMENT BENEFITS. (1) In the event of redundancy, the Institution shall inform the Union in writing of any impending retrenchment at least 1 month in advance before the notice of termination is served on the affected staff. (2) The notice on termination of service on grounds of redundancy to the affected staff shall be 1 month’s notice or 1 month’s gross salary in lieu thereof in accordance with the definition of gross rate of pay in the Employment Act. (3) The Institution shall consult and negotiate with the Union on the amount of retrenchment benefit in line with the tripartite recommendation. (4) For the purpose of this clause, termination by reason of reorganisation/restructuring, liquidation or obsolescence of Job of the Institution shall be treated as redundancy and therefore staff will be eligible for retrenchment benefits.

RETRENCHMENT BENEFITS. (1) In the event of redundancy, the Institution shall inform the Union in writing of any impending retrenchment at least 1 month in advance before the notice of termination is served on the affected staff. (2) The notice on termination of service on grounds of redundancy to the affected staff shall be 1 month’s notice or 1 month’s gross salary in lieu thereof in accordance with the definition of gross rate of pay in the Employment Act. (3) The Institution and the Union shall then negotiate the retrenchment benefits payable. (4) For the purpose of this clause, termination by reason of reorganisation or liquidation of the Institution shall be treated as redundancy and therefore staff will be eligible for retrenchment benefits.

RETRENCHMENT BENEFITS. (1) In the event of redundancy, the Institution shall inform the Union in writing of any impending retrenchment at least 1 month in advance before the notice of termination is served on the affected staff. (2) Retrenchment benefits are not applicable for post-retirement re- employed staff. (3) The notice on termination of service on grounds of redundancy to the affected staff shall be 1 month’s notice or 1 month’s gross salary in lieu thereof in accordance with the definition of gross rate of pay in the Employment Act. (4) The Institution and the Union shall then negotiate the retrenchment benefits payable. (5) For the purpose of this clause, termination by the Institution, by reason of re-organisation, receivership or liquidation of the Institution shall be treated as redundancy, and therefore staff will be eligible for retrenchment benefits.

RETRENCHMENT BENEFITS. (1) In the event of redundancy, JurongHealth shall inform the Union in writing of any impending retrenchment at least 1 month in advance before the notice of termination is served on the affected staff. (2) The notice on termination of service on grounds of redundancy to the affected staff shall be 1 month’s notice or 1 month’s gross salary in lieu thereof in accordance with the definition of gross rate of pay in the Employment Act. (3) JurongHealth and the Union shall then negotiate the retrenchment benefits payable. (4) For the purpose of this clause, termination by reason of reorganisation or liquidation of JurongHealth shall be treated as redundancy and therefore staff will be eligible for retrenchment benefits.

RETRENCHMENT BENEFITS. Upon retrenchment a member shall be entitled to- (a) a refund of the member's account; PLUS (b) a refund of his employer's account; and (c) the full annual rate of return and the interim rate, as applicable, declared in terms of clause 10.

RETRENCHMENT BENEFITS. PATERNITY AND FAMILY RESPONSIBILITY LEAVE........................................................................

RETRENCHMENT BENEFITS. (1) In the event of redundancy, the Company shall inform the Union in writing of impending retrenchment at least one month before retrenchment notice is given to the affected employee or employees. (2) The notice of termination of service to any employee so affected shall not be less than one month or one month’s pay in lieu of notice. (3) The Company and the Union shall enter into negotiations on retrenchment benefits as soon as the Union receives notice of impending retrenchment.

RETRENCHMENT BENEFITS. (1) In the event of retrenchment, the Company shall inform the Union in writing of impending retrenchment or any reorganisation, or liquidation at least one month before retrenchment notice is given to the affected employees. (2) The notice of termination of service to any employee so affected shall be one (1) month’s notice or one (1) month’s gross salary in lieu of notice. (3) The retrenchment benefit shall be one (1) month’s basic salary for each completed year of service and a pro-rata basis for any incomplete part thereof for employees with at least three (3) years of continuous service from the date of joining the Company, subject to a maximum of 25 months’ basic salary. (4) The total retrenchment benefit payable shall be computed as follows: