Layoff Benefit definition

Layoff Benefit means the benefit payable under this Plan to an eligible P.S.O. for all or part of a semi- monthly period.
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Layoff Benefit means benefits payable under the Securitas Layoff Benefit Plan for Unifor Bargaining Unit Employees in Ontario.
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Layoff Benefit means the benefit payable under this Plan to an eligible for all or part of a semi-monthly period. "Monthly Regular Straight Time means a regular monthly wages at the time of Layoff. However, if the had a higher monthly wage applicable at any time during the three (3) consecutive calendar months prior to the month in which the first day of Layoff occurs, the Layoff Benefit calculations will be based upon such higher amount. The term shall not include overtime, shift premiums, COLA or any other special payments, fees and allowances. means the Permanent Security Officers of the Employer represented by the CAW in one of the bargaining units in respect of which the CAW possessed bargaining rights as of the date of coming into force of the Plan, or when used in reference to means a Permanent Security Officer employed by prior to October "Semi-monthly period" means the period ending on the 15th day-or on the last day of any calendar month. means the Supplemental Security Officers of the Employer represented by the CAW in one of the bargaining units in respect of which the CAW possessed bargaining rights as of the date of coming into force of the Plan or, where used in reference to means a Supplemental Security Officer employed by prior to October "SuitableWork" means:
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Examples of Layoff Benefit in a sentence

  • The Company will maintain a Layoff Benefit Plan to provide for lump sum or income continuation benefits as set forth in this Article.

  • The certification statement will include, in writing, any information deemed relevant by the Employer with respect to Employment Insurance Benefits received or denied (and the reason therefor), other benefits received, earnings and the source thereof and any other information as the Employer may require, in order to determine the amount of the Layoff Benefit actually payable and whether any adjustment should be made in the estimated amount previously paid.

  • Such adjustments, either underpayments or overpayments, will be made promptly to subsequent Layoff Benefit payments.

  • The data statement will include, in writing, any information deemed relevant by the Employer with respect to Employment Insurance Benefits or other benefit entitlement, estimated earnings and the source thereof and any other information as the Employer may require in order to determine whether the P.S.O. is eligible to be paid a Layoff Benefit and the estimated amount thereof.

  • Any Layoff Benefit amount paid to a P.S.O. for which the P.S.O. fails to return a completed certification statement, shall be subject to being declared an overpayment in accordance with section 4 of Article III of the Plan.

  • In the case of death, no Layoff Benefit shall be payable in respect of any day following the day of the P.S.O.'s death.

  • S.O. who has ten (10) or more years of Service as of the first day of any subsequent Layoff, and who returns to Work from such Layoff as a P.S.O., will have his Layoff Benefit entitlement immediately regenerated to the full maximum entitlement of forty-eight (48) semi-monthly periods of Layoff.

  • Any remaining Layoff Benefit entitlement with respect to the period of Layoff will be cancelled after the expiration of the applicable twelve (12) or twenty-four (24) continuous months of Layoff (as discussed under subsection (d) of section 1 of this Article IV) unless cancelled earlier under the provisions of this Plan.

  • Such additional Layoff Benefit entitlement will be added to any balance of entitlement remaining upon return to Work for the Employer as a P.S.O.

  • The Company will maintain a Layoff Benefit Plan that employees 36 will receive upon execution of a release agreement for income continuation benefits as set forth is this 37 Section.

Related to Layoff Benefit

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Termination Benefit means the benefit set forth in Article 7.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.