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Newshound
09-01-2013, 12:56 PM
In October 2012 the Federal Government introduced the Fair Entitlements Guarantee Bill 2012 to formalise by legislation, what has to date operated as the General Employee Entitlements and Redundancy Scheme (GEERS). The Bill is likely to become law in early 2013. This article discusses who is eligible for financial assistance under the Bill and what they can claim.

In October 2012 the Federal Government introduced the Fair Entitlements Guarantee Bill 2012 to formalise by legislation, what has to date operated as the General Employee Entitlements and Redundancy Scheme (GEERS). The Bill is now sitting in the Senate of the Federal Parliament and nearing the end of the legislative process. It is likely to become law in early 2013....

Read more from Swaab Attorneys... (http://www.swaab.com.au/knowledge/publications/employee-rights-when-your-employer-is-insolvent/)