Common use of Discontinued Extra-Duty Stipend Adjustments Clause in Contracts

Discontinued Extra-Duty Stipend Adjustments. For teachers who provided notice of intent to retire on or before June 1, 2013, the Board shall annually notify the retiring teacher of any extra-duty stipend activities performed by the retiring teacher in the previous school year which were included in the teacher’s TRS creditable earnings (“Stipend Activity“). The six percent (6.0%) creditable earnings increase granted under the RIOP provision of the 2008-2013 Collective Bargaining Agreement is contingent upon the retiring teacher continuing to annually perform the Stipend Activities in each subsequent school year prior to their retirement. If the Board or Administration elects to eliminate or discontinue any of the Stipend Activities previously performed by the retiring teacher, the teacher’s base creditable earnings will not be readjusted or reduced. If the teacher’s Stipend Activities include a committee assignment and the committee is discontinued, the teacher can select an alternative committee for which they are qualified without any readjustment or reduction in their base creditable earnings. Nor will the teacher’s based creditable earnings be readjusted or reduced if the teacher performs a substantially equivalent amount (e.g., teacher performs 90% of “TAPS” provided in previous school year) of Stipend Activities in the subsequent school year. A retiring teacher can elect to change their Stipend Activities on an annual basis if approved in advance by the Administration. If, however, the retiring teacher elects not to perform (by notification or failure to perform) the Stipend Activities in a subsequent school year, the retiring teacher’s compensation will be reduced by the amount of creditable earnings attributable to the Stipend Activities not performed.