Common use of Voluntary Severance and TSP Clause in Contracts

Voluntary Severance and TSP. Once the Employer has determined the number of positions within a particular classification to be reduced, it shall, following the meeting in Article 16.02(a), invite expressions of interest for voluntary severance within the identified classification. In the event that the number of redundant positions still outnumber the number of vacancies created by offering the TSP within the affected Employee’s classification, the invitation to TSP voluntary severance shall be made on a bargaining unit wide basis. The Employer will then determine which Employees among any applicants meet the threshold qualifications. The Employer shall offer TSP to eligible applicants on the basis of seniority. Where the Employer can demonstrate that it cannot accommodate the resignation of that number of Employees volunteering to resign or that other operational considerations are impacted, the Employer reserves the right to restrict the TSP offer. For example, where too many volunteers within a classification are from within a single work area, it may not be possible to permit all to resign at once.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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