Common use of Severance and Retirement Options Clause in Contracts

Severance and Retirement Options. Where an employee resigns within 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 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 (I2) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. Where an employee resigns later than thirty (30) days after receiving notice pursuant to article that his or her position will be eliminated, he or she shall be entitled to a separation allowance 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 1 contract

Samples: Collective Agreement

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Severance and Retirement Options. Where an employee resigns within 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 allowanceof 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 (I212) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. Where an employee resigns later than thirty (30) days after receiving notice pursuant to article that his or her position 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.twelve

Appears in 1 contract

Samples: Collective Agreement

Severance and Retirement Options. Where an employee resigns within 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 allowanceof 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 (I2( 12) months of resignation, . may be reimbursed for tuition fees up to a maximum of three thousand ($3,0003.000) dollars. Where an employee resigns later than thirty (30) days after receiving notice pursuant to article Article that his or her position 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 ($1,2501.250) dollars.

Appears in 1 contract

Samples: Collective Agreement

Severance and Retirement Options. (a) Where an employee resigns within 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 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 (I2) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. Where an employee resigns later than thirty (30) days after receiving notice 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’ for each year of continuous service to a maximum of twelve (1 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 of three thousand ($3,000) dollars. Where an employee resigns later than days after receiving notice pursuant to Article that his or her position 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 1 contract

Samples: Collective Agreement

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Severance and Retirement Options. (a) Where an employee resigns within thirty (30) days after receiving notice of layoff lay-off pursuant to article that his or her position will be eliminated, he or she shall be entitled to a separation allowanceof allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve sixteen (1216) weeks' pay, and, on production of receipts from an approved educational program, within twelve (I212) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. Where an employee resigns later than thirty (30) days after receiving notice pursuant to article that his or her position 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.twelve

Appears in 1 contract

Samples: Collective Agreement

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