retrenchment benefit definition
retrenchment benefit means the amount payable to an employee on the termination of his service by his employer on the ground of redundancy or by reason of any re-organisation of the employer, profession, business, trade or work, and “the amount payable to an employee” for these purposes means the amount stipulated in any contract of employment, award or agreement, as the case may be or, if no amount is stipulated therein, such amount as is stipulated by the Commissioner for Labour;
retrenchment benefit means the benefit determined in terms of this Agreement which is payable when a member leaves the Fund upon being retrenched;
retrenchment benefit means the amount payable to an employee on the winding up of a company or on the
More Definitions of retrenchment benefit
retrenchment benefit means the benefit (or the value of the benefit where appropriate – for example, where benefits are in the form of a pension or deferred benefit), if any, set out in the Fund’s Trust Deed as being payable on the retrenchment of a member.
retrenchment benefit means the amount payable to an employee on the termination of his service by his employer on the ground of redundancy or by reason of any re- organisation of the employer, profession, business, trade or
retrenchment benefit means the amount payable to an employee on the winding
retrenchment benefit means the amount payable to an employee on the winding up of a limited liability partnership or on the termination of his
retrenchment benefit means the amount payable to an employee on the date of the judicial management order in relation to his employer, on the termination of his service by his employer on the ground of redundancy or by reason of any re-organisation of the employer, profession,