Career Award. In recognition of dedicated service to the children of Braintree, any employee covered by this Agreement who has been employed for ten (10) consecutive years in the Braintree School System shall be eligible for a "Career Award" in the form of an increase in compensation in the final year of employment by following the established procedure. Eligible employees who desire to participate in the "Career Award" program will notify the Superintendent by November 1 of the calendar year prior to the school year in which they intend to retire of their intention to retire, under the provisions of the Massachusetts Teachers Retirement Act or the Town of Braintree Retirement Act. All Units: If such notice is submitted in writing by November 1, then, at the commencement of the final year of teaching, the annual salary of the individual concerned will be increased by one thousand dollars ($1,000), and this amount shall be payable in equal installments over the final school year. In addition, all sick leave days accumulated by a retiring individual prior to his/her final year of employment will be reimbursed at the rate of $12 per day. This amount will also be added to the final year's salary and shall be payable in equal installments over the final school year. In the event the individual fails to retire under the provisions of either of these Acts immediately at the conclusion of the school year (unless prevented from so by death), the employee will agree in writing to repay the Town of Braintree the differential between salary which was actually received under the provisions of this Section and that which the employee would have received had he or he/she not submitted the intention to retire, said amount to be deducted from the final summer paychecks of the school year.
Career Award. Supervisors of Attendance shall receive career awards in accordance with Article VIII(N) of this Agreement.
Career Award. A. A career award of $25,000 will be paid to any Administrator with a minimum of 10 years of service in East Rochester and who is eligible to retire with TRS or ERS and who retires from the district. An Administrator must provide written, irrevocable notice to the Superintendent of Schools, no later than January 5 of the school year the administrator intends to retire.
Career Award. On a one-time basis only, the PRINCIPAL shall be entitled to a $1,000 Career Award in recognition of dedicated service to the children of Plainville for having been employed for ten (10) consecutive years in the Plainville School System upon retiring from Plainville Public Schools. In order to receive this career award, the PRINCIPAL must notify the Superintendent by October 1st of the calendar year prior to the year which he/she intends to retire.
Career Award. 27-1 Employees who have 10 years of full-time, continuous service or 12,000 continuous contract hours of service, shall be eligible upon retirement through the NYS Employees' Retirement System and/or the Social Security System, to be paid an allowance of $40/day for each unused personal and family illness day AND $250.00 for each year of service to a maximum of $13,000. To be eligible for the career award employees can retire anytime between November 1 and March
Career Award. Those drivers, attendants and monitors who have ten (10) years of full- time continuous service or 12,000 hours of continuous service as a Pittsford employee, who are eligible to retire and do retire under the New York State Employees’ Retirement System or under the Social Security System, shall be paid an allowance of $30/day for each unused accumulated sick day at retirement.
Career Award. Career awards will be granted as follows: After the completion of ten (10) years. $229 After the completion of fifteen (15) years. $574 After the completion of eighteen (18) years. $689 After the completion of twenty (20) years. $860 The payment will be made in one lump sum payment in July. Each member of the unit will continue to receive the Career Award, which accumulates throughout the remainder of their service with the District.
Career Award. Administrators who have been employed in the District as an administrator for 10 years immediately preceding retirement and who retire through the NYS Teachers’ Retirement System shall be eligible for this benefit. For an administrator to be eligible for the Career Award, an irrevocable letter of resignation for retirement purposes must be submitted to the District and accepted by the BOE by the last day of the first academic semester in the last year of service. Payment in the amount of $30,000 will be made in $10,000 installments in each of the three years immediately following the administrator’s retirement. Said payments shall be made solely in the form of an employer non‐elective contribution to the administrator’s approved IRC 403(b) account pursuant to the Internal Revenue Code Section 403(b) and the applicable regulations. No cash or other form of compensation shall be available, with exceptions made for other provisions within this agreement. However, should the retiring administrator be deceased prior to receiving any of the remaining payments, such payment will be paid in cash to the estate of the deceased.
