After Actual Year of Retirement Sample Clauses

After Actual Year of Retirement. 1. All employees wishing to retire and return to work the following school year (or any year thereafter) will be required to apply for an open position. It will be the District’s discretion to rehire retirees. Individuals that return to work during retirement will be considered new hires, have a new hire date, and have no seniority upon hire. The employee will be probationary for three (3) years. By March 15th of each year following retirement, the Board will consider if the employee will be rehired or be non-renewed. By March 15th of the third year, the employee will be considered by the Board to be either be rehired as a contract employee or non-renewed.
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After Actual Year of Retirement. All employees wishing to retire and return to work the following school year (or any year thereafter) may be required to apply for an open position. It will be the District’s discretion to rehire retirees. Individuals that return to work during retirement will be considered new hires, have a new hire date, and have no seniority. The employee will be probationary. Member will receive one (1) day of paid sick leave per contract month, cumulative from the date of re-employment following District retirement. These days will not add to the total Sick leave accumulation prior to retirement. All medical, dental, and vision benefits will be offered to retirees at equal rates to those offered to regular employees as listed in the Agreement. A retiree may choose to keep early retirement benefits in lieu of the Agreement cap. If the employee elects medical coverage as described above, they shall defer any early retirement medical insurance benefits for which they are eligible, until after their re-employment period ends. The cap for their early retirement medical insurance will remain the same as when they retired. The District will make payments to PERS for the employed unit member who is already drawing PERS benefits, if mandated by state law.
After Actual Year of Retirement. 1. All employees wishing to retire and return to work the following school year (or any year thereafter) may be required to apply for an open position. It will be the District’s discretion to rehire retirees. Individuals that return to work during retirement will be considered new hires, have a new hire date, and have no seniority. The employee will be probationary.

Related to After Actual Year of Retirement

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Vacation Earnings for Partial Years (a) (1) During the first partial year of service a new employee will earn vacation at the rate of one and one-quarter (1¼) days for each month for which he/she earns ten (10) days' pay.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

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