Common use of Early Notification of Retirement Clause in Contracts

Early Notification of Retirement. Any teacher who is eligible for retirement benefits and submits a retirement request effective the end of the school year for action by the Board at its April legislative meeting shall be eligible for a severance pay stipend of One Thousand, Two Hundred Dollars ($1,200.00) payable at the time of retirement. The application deadline is February 1. The Association and District may mutually agree to extend this date in extenuating circumstances.

Appears in 6 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Early Notification of Retirement. Any teacher who is eligible for retirement benefits and submits a retirement request effective the end of the school year for action by the Board at its April legislative meeting shall be eligible for a severance pay stipend of One Thousand, Two Hundred Dollars ($1,200.00) payable at the time of retirement. The application deadline is February 1. The Association and District may mutually agree to extend this date in extenuating circumstances.

Appears in 3 contracts

Samples: Professional Compensation System for Teachers Agreement, Partnership Agreement, Partnership Agreement

Early Notification of Retirement. Any teacher educator who is eligible for retirement benefits and submits a retirement request effective the end of the school year for action by the Board at its April legislative meeting shall be eligible for a severance pay stipend of One Thousand, Two Hundred Dollars ($1,200.00) payable at the time of retirement. The application deadline is February 1. The Association and District may mutually agree to extend this date in extenuating circumstances.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Early Notification of Retirement. Any teacher Principal or Assistant Principal who is eligible for retirement benefits and submits a retirement request effective at the end of the school year for action by the Board at its April legislative meeting shall be eligible for a severance pay stipend of One Thousand, Two Hundred Dollars ($1,200.00) payable at the time of retirement. The application deadline is February 1. The Association and District may mutually agree to extend this date in extenuating circumstances.

Appears in 1 contract

Samples: Master Agreement

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