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(k) Accrued Severance Benefits (Policies)
12 Months Ended
Dec. 31, 2013
Policies  
(k) Accrued Severance Benefits

(k) Accrued Severance Benefits

 

Employees with at least one year of service are entitled to receive a lump-sum payment upon termination of their employment with the Company based on their length of service and rate of pay at the time of termination. Accrued severance benefits represent the amount which would be payable assuming all eligible employees were to terminate their employment as of the balance sheet date.