Common use of ATTENDANCE INCENTIVE STIPEND - Unit Clause in Contracts

ATTENDANCE INCENTIVE STIPEND - Unit. II members who directly enter retirement from active service of at least fifteen (15) years in the public schools of Wicomico County and who qualify by having accumulated at least two hundred (200) days of sick leave shall receive a stipend at the rate of fifty (50) dollars per day for each unused day of accumulated leave in excess of 200 days. This stipend is available only to Unit II members who meet one of the following conditions. • Retirement is for medical reasons. • Retirement is effective after the closing day of a school year. • Retirement is for emergency reasons as determined by the superintendent of schools. • Retirement eligibility date falls within the school year and notification of retirement is given by July 15 prior to the school year in which the employee intends to retire.

ATTENDANCE INCENTIVE STIPEND - Unit. II members who directly enter retirement from active service of at least fifteen (15) years in the public schools of Wicomico County and who qualify by having accumulated at least two one-hundred eighty (200180) days of sick leave shall receive a stipend at the rate of fifty sixty (50$60) dollars per day for each unused day of accumulated leave in excess of 200 180 days. This stipend is available only to Unit II members who meet one of the following conditions. • Retirement is for medical reasons. • Retirement is effective after the closing day of a school year. • Retirement is for emergency reasons as determined by the superintendent of schools. • Retirement eligibility date falls within the school year and notification of retirement is given by July 15 prior to the school year in which the employee intends to retire.