Common use of District Retirement Incentives Clause in Contracts

District Retirement Incentives. 4.5.1. Employees who: 1) have ten (10) years of Xxxxx District service credit, including five (5) years of current service in the District; and 2) meet the eligibility requirements for and will be receiving Utah State Retirement System Benefits within ninety (90) calendar days following retirement, may apply on a non-discriminatory basis for the voluntary retirement benefits listed in this policy. Employees with at least five (5) but fewer than ten (10) years of Xxxxx District service credit and who meet the above criteria, may also apply for these benefits on a pro rata basis. Employees who currently are receiving Utah State Retirement System benefits are not eligible to apply for the benefits listed in this policy.

Appears in 4 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Educators' Agreement

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