Your retrenchment benefits a) Your retrenchment benefit will be calculated in accordance with the table below: Completed years of Continuous Service Retrenchment Benefit Less than 1 year 4 weeks At least 1 year but less than 2 years 6 weeks At least 2 year but less than 3 years 8 weeks At least 3 year but less than 4 years 12 weeks At least 4 year but less than 5 years 16 weeks At least 5 years 20 weeks plus: an additional 3 weeks for each subsequent completed year of Continuous Service; and a pro rata payment (based on 3 weeks’ pay for a completed year) for any completed months of Continuous Service since your last completed year of Continuous Service
Your retrenchment benefits a) Subject to clause 52.4, your retrenchment benefit will be calculated in accordance with the table below: Completed years of Continuous Service Retrenchment Benefit Less than 1 year 4 weeks At least 1 year but less than 2 years 6 weeks At least 2 year but less than 3 years 8 weeks At least 3 year but less than 4 years 12 weeks At least 4 year but less than 5 years 16 weeks At least 5 years 20 weeks plus: • an additional 3 weeks for each subsequent completed year of Continuous Service; and • a pro rata payment (based on 3 weeks’ pay for a completed year) for any completed months of TELSTRA CORPORATION LIMITED (ABN 33 051 775 556) TELSTRA INFRACO FIXED ENTERPRISE AGREEMENT 2022-2024 Continuous Service since your last completed year of Continuous Service
