Common use of Benefit Options and Eligibility Clause in Contracts

Benefit Options and Eligibility. 11-4-1 Sunset Provision: Educators whose combined age and a minimum of twenty (20) years of full-time service with the District equals eighty (80), as of June 30, 2020, will be grandfathered as per Article 11 of the 2018-19 Licensed Negotiated Agreement. Eligibility for this Sunset Provision is dependent on the Educator’s written notification of their intent to retire at the conclusion of the 2019-20 fiscal year to the Human Resources Department no later than the last business day in February 2020. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2500, whichever is less. Effective July 1, 2020, the Sunset Provision is null and void. 11-4-2 Beginning July 1, 2020, any Educator to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of two ways as follows:

Benefit Options and Eligibility. 11-4-1 Sunset Provision: Educators whose combined age and a minimum of twenty (20) years of full-time service with the District equals eighty (80), as of June 30, 2020, will be grandfathered as per Article 11 of the 2018-19 Licensed Negotiated Agreement. Eligibility for this Sunset Provision is dependent on the Educator’s written notification of their intent to retire at the conclusion of the 2019-20 fiscal year to the Human Resources Department no later than the last business day in February 2020. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2500, whichever is less. Effective July 1, 2020, the Sunset Provision is null and void. 11-4-2 Beginning July 1, 2020, any Educator to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of two ways as follows: