Common use of ATTENDANCE INCENTIVE STIPEND Clause in Contracts

ATTENDANCE INCENTIVE STIPEND. Teachers who directly enter retirement from active service of at least twenty (20) years in the public schools of Wicomico County and who qualify by having accumulated at least one twenty-five (125) days of sick leave shall receive a stipend at the rate of thirty dollars ($30.00) per day for each unused day of accumulated leave in excess of 125 days. This stipend is available only to Unit I members who meet one of the following conditions. ⮚ Retirement is effective after the closing day of a school year. ⮚ Retirement is for medical reasons. ⮚ 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. Teachers who directly enter retirement from active service of at least twenty (20) years in the public schools of Wicomico County and who qualify by having accumulated at least one twenty-five hundred fifty (125150) days of sick leave shall receive a stipend at the rate of thirty twenty five dollars ($30.0025.00) per day for each unused day of accumulated leave in excess of 125 150 days. This stipend is available only to Unit I members who meet one of the following conditions. ⮚ ➢ Retirement is effective after the closing day of a school year. ⮚ ➢ Retirement is for medical reasons. ⮚ ➢ 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. Teachers who directly enter retirement from active service of at least twenty (20) years in the public schools of Wicomico County and who qualify by having accumulated at least one twenty-five hundred fifty (125150) days of sick leave shall receive a stipend at the rate of thirty twenty five dollars ($30.0025.00) per day for each unused day of accumulated leave in excess of 125 150 days. This stipend is available only to Unit I members who meet one of the following conditions. ⮚  Retirement is effective after the closing day of a school year. ⮚  Retirement is for medical reasons. ⮚  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. Teachers who directly enter retirement from active service of at least twenty (20) years in the public schools of Wicomico County and who qualify by having accumulated at least one twenty-five hundred fifty (125150) days of sick leave shall receive a stipend at the rate of thirty twenty five dollars ($30.0025.00) per day for each unused day of accumulated leave in excess of 125 150 days. This stipend is available only to Unit I members who meet one of the following conditions. ⮚ Retirement is effective after the closing day of a school year. ⮚ Retirement is for medical reasons. ⮚ 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. Teachers who directly enter retirement from active service of at least twenty (20) years in the public schools of Wicomico County and who qualify by having accumulated at least one twenty-five hundred fifty (125150) days of sick leave shall receive a stipend at the rate of thirty twenty five dollars ($30.0025.00) per day for each unused day of accumulated leave in excess of 125 150 days. This stipend is available only to Unit I members who meet one of the following conditions. ⮚ Retirement is effective after the closing day of a school year. ⮚ Retirement is for medical reasons. ⮚ 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.