Expression of Interest
Voluntary Separation Package
Staff should use this form to express interest in a Voluntary Separation Package (VSP)
Staff must
Attach to this Expression of Interest (EOI) form a copy of your Estimate of Benefits
calculation, then forward both via e-mail to the Director, Human Resources
(director.hr@federation.edu.au).
The Estimate of Benefits calculator, VSP Frequently Asked Questions, and other helpful
resources are available at http://federation.edu.au/staff/working-at-feduni/humanresources/gippsland-staff-only.
Enquiries
Can be made to Human Resources by telephoning 5327 9514 or e-mail: hr@federation.edu.au
Note
Expressions of Interest are invited from 15 December 2014 to 16 January 2015.
Lodgement of this expression of interest does not guarantee approval.
Employee information
Employee No.
Academic
Professional
Full Name
Contact No.
> Option 1
| Option 2
Date of Birth
E-mail
@
Substantive position details
Position title
Faculty/School/Directorate
Campus
Gippsland
Classification
Time Fraction
Nominated date of departure
Academic e.g. Level A1 | Professional Staff e.g. HEW 5.2
Full-time
Part-time
%
< if a date earlier than 13 February 2015 is preferred.
Are you currently engaged in a position other than your substantive, continuing role (ie. on secondment or
undertaking a fixed-term role)? If so, please provide details (including any recent fractional changes):
Notes on completion
1.
Approval will be subject to the University’s need to retain a workforce with the required qualifications, skills and experience to honour
teaching and research commitments, to provide appropriate administrative and technical support, and to meet ongoing budgetary and
financial obligations set by the University.
2.
After considering the Estimate of Benefits, staff may express an interest in receiving an offer to accept a VSP.
3.
In calculating VSP payments only employment service with Federation University counts (this includes immediate prior continuous service
with FedUni predecessor institutions, specifically Monash University (Gippsland Campus). Note: As a general rule for VSP benefits, time
fraction will be calculated on the staff member’s average fraction over his/her last five years of service or his/her fraction at the date of
cessation of employment, whichever is the greater. It is not an average of time fractions over the entire period of employment.
4.
An offer of a VSP will be provided under the following terms —
 The Estimate of Benefits is based on entitlements that are believed to be true and correct.
 The University reserves the right to correct (alter) any errors that may be detected.
 Leave entitlements are projected to the notional termination date. Any leave not yet processed will need to be deducted from the
above entitlements prior to final payment.
Expression of Interest
Voluntary Separation Package
5.
Any offer made will be at the sole discretion of Federation University.
6.
Staff members offered a VSP (on either 21 or 22 January 2015) will be asked to confirm (by emailing to the
director.hr@federation.edu.au) his/her acceptance or rejection of that offer by 5:00pm on 30 January 2015.
7.
Staff will be under no obligation to accept a VSP offer.
8.
The University is not giving financial advice in issuing this expression of interest and strongly encourages all staff to seek independent
taxation and financial advice to ensure that their individual concerns are addressed regarding the impact of taxation legislation and rulings
on their benefit payments.
Terms and conditions
In making this Expression of Interest for a Voluntary Separation Package, I acknowledge —
1. Separations will only be approved where the position held by the staff member can be declared excess to requirements and will not be
replaced. Benefits payable on termination of employment, if the EOI is accepted and the position is declared redundant, will be
calculated as described in the Voluntary Separation Package FAQs;
2. Re-employment on a permanent (continuing), fixed-term contract or casual basis by the University will not be permitted for a period of
three years following cessation of employment;
3. At the time of approving the separation, there can be no agreement in relation to future re-employment with the University;
4. Where an EOI is approved, employment ends on a date determined by the University, but will be no later than 13 February 2015;
5. EOIs for the VSP are non-binding on the University. There is no obligation on the University to approve voluntary separations for
employees who submit an EOI;
6. And agree to sign a Deed of Release (a draft of which is available at http://federation.edu.au/staff/working-at-feduni/humanresources/gippsland-staff-only);
7. That once I accept an offer of voluntary separation and sign a Deed of Release, I am bound to depart under the terms of that offer;
8. That the University reserves the right to make an offer as detailed in the Consultation Paper – Gippsland Campus, or to withdraw such
an offer prior to my acceptance; and
9. That I am under no obligation to accept an offer of voluntary separation from the University.
Employee’s signature
I have read and accept the notes on completion and terms and conditions as set out above.
Date
Signature
Please attach your Estimate of Benefits calculator and forward this Expression of Interest to the
Director, Human Resources via email (director.hr@federation.edu.au)
An acknowledgement of receipt will be issued
Human Resources use only
VSP Approval Committee’s comments
Signature
Date