Common use of Redundancy benefit Clause in Contracts

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Agency Head under section 29 of the PS Act on the grounds that he/she is excess to the requirements of the agency, is entitled to: 378.1. payment of a redundancy benefit of an amount equal to two [2] weeks' salary for each completed year of continuous service; plus 378.2. a pro-rata payment for completed months of service since the last completed year of service; subject to 378.3. any minimum amount the employee is entitled to under the NES. 378.4. The minimum sum payable will be four (4) weeks' salary and the maximum will be 48 weeks' salary.

Redundancy benefit. An employee who elects for retrenchment with a redundancy benefit and whose employment is terminated by the Agency Head CEO or their delegate under section 29 s.29 of the PS Act on the grounds that he/she is excess to the requirements of the agency, is entitled to: 378.1. to payment of a redundancy benefit of an amount equal to two [2] weeks' ’ salary for each completed year of continuous service; , plus 378.2. a pro-rata payment for completed months of service since the last completed year of service; , subject to 378.3. any minimum amount the employee is entitled to under the NES. 378.4375. The minimum sum payable will be four (4) 4 weeks' ’ salary and the maximum will be 48 weeks' ’ salary.