Early Notification Incentive. 1. An employee may make notice of his resignation or retirement from USD 434 by 14 days after the 3rd Friday in May in compliance with the continuing contract law. If an employee wishes to make notice of his resignation or retirement before the following date, the employee shall be compensated as follows: • $1,000 if the employee notifies the Board by October 1st
2. The early notification incentive shall be paid to the employee on the next payroll following Board approval. (2008) 25 62700 63500 25 24 60500 61300 62100 62900 24 23 59100 59900 60700 61500 62300 23 22 00000 00000 00000 60900 61700 22 21 55400 57100 57900 58700 59500 60300 61100 21 20 54800 56500 57300 58100 58900 59700 60500 20 19 54200 55900 56700 57500 58300 59100 59900 19 18 53600 55300 56100 56900 57700 58500 59300 18 17 53000 54700 55500 56300 57100 57900 58700 17 16 52400 54100 54900 55700 56500 57300 58100 16 15 49,400 50200 51000 51800 53500 54300 55100 55900 56700 57500 15 14 48,800 49600 50400 51200 52900 53700 54500 55300 56100 56900 14 13 48,200 49000 49800 50600 52300 53100 53900 54700 55500 56300 13 12 47,600 48400 49200 50000 51700 52500 53300 54100 54900 55700 12 11 47,000 47800 48600 49400 51100 51900 52700 53500 54300 55100 11 10 46,400 47200 48000 48800 50500 51300 52100 52900 53700 54500 10 9 45,800 46600 47400 48200 49900 50700 51500 52300 53100 53900 9 8 45,200 46000 46800 47600 49300 50100 50900 51700 52500 53300 8 7 44,600 45400 46200 47000 48700 49500 50300 51100 51900 52700 7 6 44,000 44800 45600 46400 48100 48900 49700 50500 51300 52100 6 5 43,400 44200 45000 45800 47500 48300 49100 49900 50700 51500 5 4 42,800 43600 44400 45200 46900 47700 48500 49300 50100 50900 4 3 42,200 43000 43800 44600 46300 47100 47900 48700 49500 50300 3 2 41,600 42400 43200 44000 45700 46500 47300 48100 48900 49700 2 1 41,000 41,800 42,600 43,400 45,100 45,900 46,700 47,500 48,300 49,100 1 BS BS+8 BS+16 BS+24 MS MS+8 MS+16 MS+24 MS+32 MS+40
Early Notification Incentive. Employees who meet eligibility requirements of Subd. 2 of this Section and who complete, sign and submit a Resignation Notice form to the Director of Human Resources three months prior to retirement will receive a District contribution of $2,500 to the Severance Plan.
Early Notification Incentive. Employees who meet eligibility requirements of 16.2 of this Article and who complete, sign and submit a Resignation Notice form to the Director of Human Resources three (3) months prior to retirement will receive a District contribution of $2,500 to the Severance Plan.
Early Notification Incentive. Effective December 1, 2008, employees who meet the eligibility requirements of this section and who complete, sign and submit a Resignation Notice form to the Director of Human Resources stating that they will retire by the date listed below, and who maintain active teaching status until the end of the school year, or resignation date if later, will receive the following early notification incentive to the severance plan: Resignation Form Received by Retirement Date Early Notification Incentive December 1 End of school year or following December $3,500 February 1 End of school year or February to following February $2,500 After February 1 No bonus
Early Notification Incentive. Any teacher eligible to retire and has at least ten (10) years of service with the District shall receive an incentive of One Thousand Dollars ($1,000.00) for providing the District with early notification of retirement. Teachers eligible for retirement on or before June 30 must retire between May 31 and August 1 of that year and must notify the Board in writing of their resignation for retirement purposes by December 1 to qualify for the incentive.
Early Notification Incentive. Any employee eligible to retire and has at least 10 years of service with the District shall receive an incentive of One Thousand Dollars ($1,000) for providing the District with early notification of retirement. In order to receive the early notification incentive, the employee must provide written notification to the Board Treasurer by January 1. The Board will pay out the incentive to qualifying employees in one lump sum at the same time as any severance payment.
Early Notification Incentive. For the 2024-2025 school year, the Board shall pay an early notification incentive to teachers who send written notification to the Superintendent or Designee of their intention to retire or resign at the end of the 2024-2025 school year. For the 2024-2025 school year only, teachers notifying the school district by December 1, 2024 of the intention to retire or resign at the end of the 2024-2025 school year will receive a $500.00 stipend payable on the December 20, 2024 payroll. Teachers notifying the school district by February 1, 2025 of the intention to retire or resign at the end of the 2024-2025 school year will receive a $300.00 stipend payable at the end of the teacher’s current contract. (2016-2017)
Early Notification Incentive. Professional Employees who are approved for retirement by the Board of Education prior to October 20th will receive a one-time payment of $500. Professional Employees who are approved for retirement by the Board of Education prior to January 20th will receive a one-time payment of $250. The payment will be made with the first appropriate payroll following the acceptance of the retirement by the Board of Education.
Early Notification Incentive. If a Professional Employee knows he/she will not return in the fall, it would be helpful if he/she would notify the President’s Office as soon as possible, in order to allow time to secure a suitable replacement. If resignation is received by February 1st, an early notice incentive compensation of Two Hundred Fifty Dollars ($250) will be paid at the end of the contract period.
Early Notification Incentive. 1. An employee may make notice of his resignation or retirement from USD 434 by 14 days after the 3rd Friday in May in compliance with the continuing contract law. If an employee wishes to make notice of his resignation or retirement before the following date, the employee shall be compensated as follows: $1,000 if the employee notifies the Board by October 1st
2. The early notification incentive shall be paid to the employee on the next payroll following Board approval. (2008) Education
