ARTICLE 56: REDUNDANCY PROVISIONS
56.01 All teachers who are declared redundant and who are not reassigned in accordance with Article 9, shall be eligible for a redundancy benefit as outlined in the table below:
REDUNDANCY BENEFIT
Service
Age <35
35-39
40-44
45-49
50-54
>54
<6 months
4%
8%
12%
16%
20%
24%
>6 months – <1 year
8%
12%
16%
20%
24%
28%
>1 – <2 years
14%
18%
22%
26%
30%
34%
>2 – <4 years
22%
26%
30%
34%
38%
42%
>4 – <6 years
30%
34%
38%
42%
46%
50%
>6 – <8 years
38%
42%
46%
50%
54%
58%
>8 – <10 years
46%
50%
54%
58%
62%
66%
>10 […]