Common use of Early Notification of Retirement Clause in Contracts

Early Notification of Retirement. Employees who submit a letter of retirement to the Human Resource Division effective not before June 30 will receive, in their final paycheck, a bonus as follows: $1,500 by December 31 $1,000 by the second Friday in March 17:2 Fringe Benefits 17:2.1 The benefit plan set forth below shall be made operable as a result of bid proposals, which are developed and evaluated by the District and the Association. Individual contracts with vendors of fringe benefits determine the availability and terms of coverage. If a benefit is canceled, the parties shall meet to negotiate an alternate fringe benefit equal to the fringe benefit that was canceled. 17:2.2 Full-time employees shall be eligible to receive Highmark Blue Cross/Blue Shield Delaware or other selected carriers provided by the State of Delaware through participation in the State of Delaware Group plan, up to the maximum monthly local supplement. Any costs above the amounts provided in this section may be covered by using the stipend (17:2.4) or payroll deduction. Effective July 1, 2014 $160 The parties agree to re-open negotiations at any point during the course of this contract regarding healthcare and fringe benefits if the Office of Management and Budget announces changes for state employees, if necessary. 17:2 3 In addition to the coverage provided in 17:2.2, employees shall be permitted to select the following fringe benefits, the costs of which shall be paid in whole or part by the stipend in 17:2.4 The elective benefits currently available are set forth below. If a benefit is canceled, the parties shall meet to negotiate pursuant to Article 17:2. 1. The parties also recognize that the development and evaluation of bid proposals described in Article 17:2.1 may result in a mutual decision to add or subtract available elective benefits. Any additional cost of elective benefits selected by an employee shall be paid through payroll deduction. Life and Accidental Death and Dismemberment (AD&D) Insurance Vision Care Dental Care

Appears in 4 contracts

Samples: Collaborative Agreement, Collaborative Agreement, Collaborative Agreement

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