You all know what severance pay is do you not?
Severance pay is pay (and sometimes benefits) an employee receives when he or she leaves employment. Severance pay is most typically offered for employees who are laid off or retire.
Just recently the the Canadian Government, Treasury Board Branch, has forcibly modified the collective agreements of these three groups PA, SV and EB so that Severance Pay is no longer paid upon retirement. It is still available if you are laid off.
|PA Program and Administrative Services||SV Operational Services||EB Education and Library Science|
|Administrative Services (AS)||Firefighters (FR)||Education (ED)|
|Information Services (IS)||General Labour and Trades (GS)||Library Science (LS)|
|Programme Administration (PM)||Heating, Power and Stationary Plant Operations (HP)||Library Science (LS)|
|Welfare Programmes (WP)||Hospital Services (HS)|
|Communications (CM)||Lightkeepers (LI)|
|Data Processing (DA)||Ships’ Crews (SC)|
|Clerical and Regulatory (CR)||Printing Operations (Advisory) (PR(S))|
|Office Equipment (OE)||Secretarial, Stenographic and Typing (ST)|