Laserfiche WebLink
-5- <br /> ' HEALTH AND WELFARE <br /> The EMPLOYER will contribute up to the following sums per month <br /> towards the employee ' s life and health insurance and dependent <br /> health insurance, if elected: <br /> 1981- 1982 <br /> $85. 00 $95':00 <br /> SEVERANCE <br /> Severance payments are to be made only to' full-time employees <br /> with at least seven (7) years of service who are permanently <br /> disabled, die, retire (i.e.. , who are eligible for, and apply <br /> for, a pension) , or are permanently laid off. <br /> The employee must be in good standing. <br /> The severance payment shall be equal to the following number of <br /> days ' pay , calculated on a "straight" time basis, based upon the <br /> number of days .of sick leave accrued through the end of the last <br /> month of service : <br /> No. of Days of Sick No. of 8-Hour Days <br /> Leave Accrued of' Severance Pay <br /> 19 or less 0 <br /> 2� 3 <br /> 30 6- <br /> 40 9 <br /> 50 12 <br /> 60 15 <br /> 70 18 <br /> 80 21 <br /> 90 25 <br /> To be pro-rated between steps above <br /> thirty (30) days ' sick leave accrual . <br /> The payment for severance pay shall be made within sixty (60) days <br /> after resignation. <br /> EMPLOYEE RIGHTS - GRIEVANCE PROCEDURE <br /> This grievance procedure is established for the purpose of -resolving <br /> disputes involving the interpretation or application of this AGREE- <br /> MENT. <br />