S.P. 156 - L.D. 476
An Act to Prohibit the Negotiation of Severance Pay Lower than the State Minimum
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 26 MRSA §625-B, sub-§3, as enacted by PL 1979, c. 663, §157, is amended to read:
3. Mitigation of severance pay liability. There shall be is no liability under this section for severance pay to an eligible employee if:
A. Relocation or termination of a covered establishment is necessitated by a physical calamity;
B. The employee is covered by an express contract providing for severance pay that is equal to or greater than the severance pay required by this section;
C. That employee accepts employment at the new location;
D. That employee has been employed by the employer for less than 3 years.
Effective September 18, 1999, unless otherwise indicated.
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