Common use of SEVERANCE & EARLY RETIREMENT OPTIONS Clause in Contracts

SEVERANCE & EARLY RETIREMENT OPTIONS. 19.01 Where an employee resigns within 30 days after receiving notice of layoff pursuant to the notice of lay-off provision in this collective agreement, 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 twenty-six (26) 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. 19.02 Where an employee resigns later than 30 days after receiving notice pursuant to the notice of lay-off provision in this collective agreement, 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, fifty ($1,250) dollars.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

SEVERANCE & EARLY RETIREMENT OPTIONS. 19.01 Where an employee resigns within 30 days after receiving notice of layoff pursuant to the notice of lay-off provision in this collective agreement, 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 twenty-six (26) 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. 19.02 . Where an employee resigns later than 30 days after receiving notice pursuant to the notice of lay-off provision in this collective agreement, 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, fifty ($1,250) dollars.

Appears in 1 contract

Samples: Collective Agreement

SEVERANCE & EARLY RETIREMENT OPTIONS. 19.01 Where an employee resigns within 30 days after receiving notice of layoff pursuant to the notice of lay-off provision in this collective agreement, 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 twenty-six (26) 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. 19.02 . Where an employee resigns later than 30 days after receiving notice pursuant to the notice of lay-off provision in this collective agreement, 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) 1 months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand, two hundred, fifty ($1,250) dollars.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

SEVERANCE & EARLY RETIREMENT OPTIONS. 19.01 9.01 Where an employee resigns within 30 days after receiving notice of layoff pursuant to the notice of lay-off provision rovision in this collective agreement, that his or her position will be eliminated, he or she shall be entitled to a separation eparation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twenty-six (26) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignationesignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. 19.02 9.02 Where an employee resigns later than 30 days after receiving notice pursuant to the notice of lay-off provision rovision in this collective agreement, that his or her position will be eliminated, he or she shall be entitled to a separation eparation allowance of four (4) weeks' salary and on production of receipts from an approved educational programrogram, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousandxxxxxxx, two hundred, fifty ($1,250) dollars.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!