Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Bargaining Council for the Wood and Paper SectorExtension of Collective Agreement on Conditions of Service : Pulp and Paper Sector to Non-partiesPart D : Notice Period and Payments on Termination of Employment22. Severance Pay |
1. | Severance pay in the case of dismissals for operational reasons (retrenchments) will be calculated at the rate of two weeks basic wages for every year of completed service. |