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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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