Application for Retirement Clause Samples
The 'Application for Retirement' clause outlines the process by which an individual formally notifies their employer or relevant authority of their intention to retire. Typically, this clause specifies the required method of application, such as submitting a written notice, and may set out any necessary advance notice periods or documentation that must be provided. By establishing clear procedures and expectations, this clause ensures a smooth transition for both the retiring individual and the organization, minimizing misunderstandings and allowing for effective planning.
Application for Retirement. 22 4.7 Age Discrimination in Employment Act . . . . . . . . . . . . . . . . 22
Application for Retirement. As a prerequisite to the commencement of a retirement benefit hereunder, a Participant otherwise entitled thereto shall file with the Committee an application for such benefit at least thirty-one (31) days prior to the Participant's retirement date.
Application for Retirement. A. Those employees who seek to participate in the Buyout shall submit a letter of intent to the Board to retire on or before July 1 of the year they are eligible and intend to retire under the statute and the rules governing the S.E.R.S. Such letter must be submitted to the Board no later than March 1 of the calendar year of retirement or thirty (30) days before the effective date of retirement, whichever is sooner.
B. After receipt of the letter of intent to retire from the employee exercising this Retirement Incentive, the Board will verify that the applicant meets all of the requirements of the plan and issue such notice within thirty (30) calendar days of application. Neither the Board nor the employee may withdraw from this action after the Board notifies the employee that he/she has met the requirements for this Retirement Incentive.
Application for Retirement. A. Those employees who seek to participate in the Retirement Incentive shall submit a letter of intent to the Board to retire effective July 1 of the year they are eligible and intend to retire under the statute and the rules governing the STRS. Such letter must be submitted to the Board no later than March 1 of the calendar year of retirement.
B. After receipt of the letter of intent to retire from the certificated/licensed employee exercising this Retirement Incentive, the Board will verify that the applicant meets all of the requirements of the Plan and issue such notice within thirty (30) calendar days of application. Neither the Board nor the certificated/licensed employee may withdraw from this action after the Board notifies the employee that he/she has met the requirements for this Retirement Incentive.
Application for Retirement. An eligible bargaining unit member must give written notice of the member’s intent to retire to the Board of Education by April 15 of the year in which the member first meets the eligibility requirements of Section 2 of this Article and must provide to the District Administration appropriate STRS service retirement documentation by June 1 of the year in which the member first meets the eligibility requirements of Section 2 of this Article.
Application for Retirement. When the Employee becomes eligible for a retirement benefit and wishes to retire, he shall apply for such benefits by signing an application form furnished by the Company and shall also furnish the Company with such documents, evidence, data, or information in support of such application as the Company considers necessary or desirable.