8.5 Severance Compensation:
8.5.1 For those employees appointed on or after 1 May 1996 severance compensation as follows will be paid:
7 weeks ordinary pay for the first year (or less) of continuous service; and
2 weeks ordinary pay for the second and subsequent years of continuous service with a maximum pay out of 32 weeks ordinary pay.
8.5.2 Definitions applying to clauses 8.5.1 above.
“Ordinary pay” is defined as basic taxable salary, plus regular taxable allowances paid on a continuous basis - i.e. during paid leave. In the case of employees on parental leave ordinary pay shall be the ordinary pay at the time of taking leave.
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