Jump to content

Layoff treated like a termination?


spencerhastings

Recommended Posts

I have no official source to cite, other than 10+ years spent working on a plan for a jumbo telecommunications company where workers represented by the CWA were covered by a similar provision. Each CBA is unique. For pension administration purposes, Layoff with Recall Rights was treated the same as other Terminations - the participant is terminated (no guarantee they will be rehired). The only special treatment was if they were rehired within a certain time frame then they received favorable treatment for service bridging (e.g., immediate bridging of prior service without waiting or counting the time while laid off, etc.). But for pension purposes, that plan treated Layoff with Recall Rights as a Terminated status because they were laid off, no longer working, and there was no guarantee they would be rehired (only being on a "preferred waiting list for future rehires").

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...