TERMINATION IN GOOD STANDING. Any termination other than dismissal for disciplinary reasons and for which terminating employee has given the required minimum notice in advance of leaving.
TERMINATION IN GOOD STANDING. A bargaining unit employee assigned to a 40-hour work week will receive a termination bonus in the form of a cash payout, for 50% of his/her accumulated sick leave, up to 45 days, or 360 hours, if the employee terminates from employment in good standing after completing ten years of full time service, during which they were accruing benefits. The payout will be made at the salary rate in effect as of the last day worked. Bargaining unit employees who work 24-hour shifts may convert 21 shift days under the same conditions. Once an employee has received a termination bonus under the provisions of this paragraph, he/she will not be entitled to any additional sick leave payment. When a vested employee dies while he/she is in active status, he/ she (or his/her beneficiaries) will be entitled to a termination bonus, payable in cash as follows. • Bargaining unit employees assigned to 40-hour workweek - up to 90 days, or 720 hours of his/her accumulated sick leave. • Bargaining unit employees assigned to 24-hour shift - up to 42 shift days, or 1008 hours of his/her accumulated sick leave. Also included in the termination bonus will be 100% of his/her earned vacation time. Payment is made at the salary rate in effect on the last workday. When an employee retires he/she will be entitled to a termination bonus subject to the conditions as described below: • Pursuant to the VEBA plan contained in the Agreement, the City will donate, on an eligible employee’s behalf, the cash equivalent of their termination bonus (up to 42 shift days, or 1008 hours, for employees who are assigned to a 24-hour shift; or up to 90 days, or 720 hours for employees who are assigned to a 40-hour workweek; of earned but unused, unpaid sick leave) to the employee’s IAFF VEBA to be used for the payment of health insurance premiums and other eligible health care expenses. The termination bonus eligible for donation to the VEBA is donated at the employee’s salary in effect on his/her last day of work. To qualify for the donation of the termination bonus to the VEBA, employees must: • Be at least 50 years of age on the last day of actual work, and • Be fully vested with ten years of service creditable to the Fire Pension Fund, and • Be separated from employment with the City of Naperville. Note: Exception: Individuals may be excluded from participating in the VEBA if the City determines that they meet the exclusion criteria. In such case, the City will contribute the amount payable as the terminat...
TERMINATION IN GOOD STANDING. A. The Hospital shall give the nurse four (4) weeks written notice of termination or layoff of employment or four
TERMINATION IN GOOD STANDING. A. The Hospital shall give the nurse four (4) weeks written notice of termination or layoff of employment or four (4) weeks pay at the regular rate in lieu thereof. This provision does not apply if the termination is for just cause or a severance package the Association agrees to in the event of a layoff as described in Article VI.
B. A nurse shall give the Hospital at least two (2) weeks written notice of intent to resign unless formally waived by the Employer.
