Common use of Severance and Retirement Options Clause in Contracts

Severance and Retirement Options. (i) Where an employee resigns within 30 days after receiving notice of layoff that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks’ salary for each year of continuous service to a maximum of twelve (12) weeks’ pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (ii) Where an employee resigns later than 30 days after receiving notice of layoff that his or her positions will be eliminated he or she shall be entitled to a separation allowance of four (4) weeks’ salary and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Severance and Retirement Options. (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (ii) . Where an employee resigns later than 30 days after receiving notice of layoff pursuant to article that his or her positions position will be eliminated eliminated, he or she shall be entitled to a separation allowance of four (4) weeks’ salary ' salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars.twelve

Appears in 1 contract

Samples: Collective Agreement

Severance and Retirement Options. (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article (a) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (ii) . Where an employee resigns later than 30 days after receiving notice of layoff pursuant to Article (a) that his or her positions will position be eliminated eliminated, he or she shall be entitled to a separation allowance of four (4) weeks’ salary ' salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars.. Prior to issuing notice of layoff pursuant to article

Appears in 1 contract

Samples: Collective Agreement

Severance and Retirement Options. (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks’ salary for each year of continuous service to a maximum of twelve (121 2) weeks’ pay, and, on production of receipts from an approved educational program, within twelve (( 12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (ii) . Where an employee resigns later than 30 days after receiving notice of layoff pursuant to Article that his or her positions position will be eliminated eliminated, he or she shall be entitled to a separation allowance of four (4) weeks’ salary salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars.

Appears in 1 contract

Samples: Collective Agreement

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Severance and Retirement Options. (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article that his or her position will be eliminated, . he or she shall be entitled to a separation allowance of two (2) weeks’ salary ' for each year of continuous service to a maximum of twelve (12) weeks’ pay, ' and, . on production of receipts from an approved educational program, . within twelve (( 12) months of resignation, . may be reimbursed for tuition fees up to a maximum of three thousand ($3,0003.000) dollars. (ii) . Where an employee resigns later than 30 days after receiving notice of layoff pursuant to Article that his or her positions position will be eliminated eliminated. he or she shall be entitled to a separation allowance of four (4) weeks’ salary ' salary. and, on . production of receipts from an approved educational program, . within twelve (( 12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,2501.250) dollars.

Appears in 1 contract

Samples: Collective Agreement

Severance and Retirement Options. (i) Where an employee resigns within 30 thirty (30) days after receiving notice of layoff pursuant to article that his or her position will be eliminated, he or she shall be entitled to a separation allowance of allowanceof two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12I2) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (ii) . Where an employee resigns later than 30 thirty (30) days after receiving notice of layoff pursuant to article that his or her positions position will be eliminated eliminated, he or she shall be entitled to a separation allowance of four (4) weeks’ salary ' salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars.

Appears in 1 contract

Samples: Collective Agreement

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