A Formula of One-And-A-Half Weeks' Pay for Each Year of Service

question 56

True/False

A formula of one-and-a-half weeks' pay for each year of service, with a further one-week's pay for each year of age over age 45 is reasonable severance pay, with respect to employment law, on termination due to plant closure for a 50-year-old person with 29 years' service as a skilled machinist.

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Definitions:

Months

Units of time, typically consisting of 30 or 31 days, used to measure periods within a year.

Solid Food

Food items that are not liquid or fluid, typically introduced to infants around 6 months of age to complement breastfeeding.

Months

Units of time based on the Earth's orbit around the Sun, typically used to measure periods within a year and consisting of 28 to 31 days.

Paid Maternity Leave

A company or government policy that allows women employees to take time off work with pay following the birth of their child.