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Australian National University Enterprise Agreement 2003-2006

Part Seven — Ceasing Employment

76. Severance pay

76.1 A staff member who is entitled to severance pay upon termination of employment with the University in accordance with sub-clause 75.2.1 will be paid the amount specified in the following table.

Period of continuous service Severance pay
1 year or less nil
1 year and up to the completion of 2 years 4 weeks' pay
2 years and up to the completion of 3 years 6 weeks' pay
3 years and up to the completion of 4 years 7 weeks' pay
4 years and over 8 weeks' pay

76.2 For the purposes of this clause, 'week's pay' means the ordinary time rate of pay for the staff member concerned.

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