Common use of Cash Payment Incentive Program Clause in Contracts

Cash Payment Incentive Program. 1. At least once in every (2) two years, a retirement incentive will be offered at not less than $25,000 to be taken over (5) five years ($5,000 per year for (5) five years). Per mediated settlement agreement dated December 12, 2006. The Early Retirement Program will not be offered during the 2008-2009 or 2009-2010 school years.

Appears in 4 contracts

Samples: Certificated Employees’ Agreement, Certificated Employees’ Agreement, Certificated Employees’ Agreement

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