15.01 a) In the event of cut-back or lay-off of staff, the Employer shall follow the Seniority list.
15.01 b) Formal notification of lay-off shall include information that the action is not deemed as resulting from any evaluation of the individual's competence.
15.01 c) The teachers laid-off shall be offered employment in an inverse sequence in which they were laid-off by the Employer provided such persons meet the necessary job requirements.
15.01 d) Severance pay under lay-off shall be paid to teachers, who elect not to retain recall status, at the rate of 3% of their gross annual salary for each year of service with the Employer. Teachers shall have one year from the date they were notified of layoff to apply for severance pay. Should they opt for the severance, they shall relinquish their lay-off status.
15.01 e) The Employer shall publish a seniority list by October 15th.
15.01 f) The Employer shall meet with the executive of the Association to discuss the lay-off and shall provide the President of the Association with a list of teachers to be laid off by April 15th.
15.01 g) Notice of any lay-off shall be given to the teachers no later than the 1st of May.
15.01 h) Each teacher shall be permitted a period of ten (10) working days after the posting of the seniority list to protest in writing to the Employer any alleged omissions or incorrect listings, but such protest shall be confined to errors or changes occurring subsequent to the posting of any previous seniority list. In the event that a teacher does not file a written protest with the Employer within the time stipulated, his/her placement on the seniority list shall be deemed correct.