Common use of Computation of Retirement Pay Clause in Contracts

Computation of Retirement Pay. For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the district. Each employee that qualifies shall receive payment of $275 for each year of recognized service at Xxxxxx.

Computation of Retirement Pay. For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the districtDistrict. Each employee that qualifies shall receive payment of $275 500 for each year of recognized service at Xxxxxx. Each employee that qualifies shall receive payment for any unused vacation days which the employee has accrued and is required to receive payment for after his/her retirement.

Computation of Retirement Pay. ‌‌ For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the district. Each employee that qualifies shall receive payment of $275 for each year of recognized service at Xxxxxx.

Computation of Retirement Pay. For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the district. theDistrict.‌ Each employee that qualifies shall receive payment of $275 500 for each year of recognized service at Xxxxxx.Xxxxxx.‌ Each employee that qualifies shall receive payment for any unused vacation days which the employee has accrued and is required to receive payment for after his/her retirement.‌

Computation of Retirement Pay. For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the districtDistrict. Each employee that qualifies shall receive payment of $275 500 for each year of recognized service at Xxxxxx. Such payment shall be in lieu of the previously offered individual financial pool. Each employee that qualifies shall receive payment for any unused vacation days which the employee has accrued and is required to receive payment for after his/her retirement.

Computation of Retirement Pay. For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the districtDistrict. Each employee that qualifies shall receive payment of $275 60 for each year of recognized service at Xxxxxx.

Computation of Retirement Pay. For the purpose of computing retirement pay, an employee shall be credited with one (1) year of service on the anniversary date of his/her date of hire for each year of employment with the districtDistrict. Each employee that qualifies shall receive payment of $275 for each year of recognized service at Xxxxxx.