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Buyouts official plan announcement
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<blockquote data-quote="vantexan" data-source="post: 1069341" data-attributes="member: 24302"><p>Should correct this. The buyout is based on years of continuous service as of 11/30/2012. If you have a partial year it will count as a full year for purposes of determining years of continuous service. For example if your hire date anniversary is 10/31 and you have 15 years as of that day, the month of November will count as one more year so you'd have 16 years. One day of service beyond your hire date anniversary is enough to get one more year so if you were hired on 11/29 you are in luck, one extra year.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1069341, member: 24302"] Should correct this. The buyout is based on years of continuous service as of 11/30/2012. If you have a partial year it will count as a full year for purposes of determining years of continuous service. For example if your hire date anniversary is 10/31 and you have 15 years as of that day, the month of November will count as one more year so you'd have 16 years. One day of service beyond your hire date anniversary is enough to get one more year so if you were hired on 11/29 you are in luck, one extra year. [/QUOTE]
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