Application Date. In order to be eligible for the benefits of ARTICLE 13, an employee must submit a written resignation and request for severance pay no later than March 1, preceding the end of the fiscal year in which the employee intends to retire. Priority order for severance pay out will be established based on the date of submission of a written letter of intent to retire. This letter must be submitted after July 1st of the fiscal year of retirement. Any proration of severance pay out as required by 13.6.1 shall be made on the basis of the priority order established above and the submission of the letters of intent to retire prior to March 1st of the fiscal year of retirement.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
