Voluntary Exit package for Affected Staff. The Voluntary Exit package applies where the job has been eliminated, reduced in number, where the fundamental nature [core features] of the work is no longer similar or when the job content has been modified resulting in a salary grade reduction includes: • 130 working days pay, plus • the severance amount paid under 6.14 In addition the normal cash payout of attendance credits and vacation credits will be paid. The severance payment for all employee(s) will be based on the last day of active employment with the exception of the following:
Voluntary Exit package for Affected Staff i. The Voluntary Exit package applies where the job has been eliminated, reduced in number, where the fundamental nature [core features] of the work is no longer similar or when the job content has been modified resulting in a salary grade reduction includes: One hundred thirty (130) working days pay, plus the severance amount paid under 6.17 the employer will continue to pay all non-optional benefit premiums for six months with the exception of Long Term Disability. This does not apply where an employee opted to accept non-optional benefits during a recall period. If the recall period is less than six months, the employee will receive the remaining period such that the amount totals six months.
