Common use of Early Retirement Benefits Clause in Contracts

Early Retirement Benefits. 1. Leave may accumulate to a maximum of one hundred eighty (180) days only for the purpose of calculating the early retirement benefits. Accumulation in excess of fifty (50) days is not available as paid leave, except on a limited basis as described above in Section A, subsection 5 of this article, but is used to determine a teacher’s eligibility for early retirement and to calculate the annual benefit. 2. To qualify for early retirement benefits from the District, all of the following conditions must be met: a. A minimum of fifteen (15) years of continuous full-time District employment. b. At least sixty (60) days of accumulated leave (total both useable and unusable). c. A completed application for early retirement has been received by the Superintendent by May 10th. d. Eligibility ends when the retiree reaches Medicare Eligibility age. e. No payment under this program shall be made prior to retirement under the provisions of the Kansas Public Employees Retirement System. 3. Early retirement benefits shall be payable for a maximum of five (5) years. They shall terminate upon the death of the early retiree or when the retiree reaches Medicare Eligibility age (whichever occurs first). The benefit shall be calculated as follows: a. If the total accumulated leave days are in the range of 61-100, then the Board will continue to contribute the amount currently paid to certified/licensed employees per month toward the health insurance premium for employees who chose to remain in the Districts’ health insurance group plus $25 per day for each day of leave above 60. b. For each additional day of total accumulated leave in the range of 101-150, the retiring employee’s annual benefit will increase to $50. c. For each additional day of total accumulated leave in the range of 151-180, the retiring employee’s annual benefit will increase to $75. 4. Requests for a waiver of any of the qualifications of early retirement benefits, including accumulated leave, fifteen (15) years of continuous full-time District employment, or an application for early retirement not received by May 10th will be considered by the Review Committee. The Review Committee will consist of three members: one (1) administrator appointed by the Superintendent and two (2) teachers who are JCEA members. The Review Committee will forward its recommendation(s) to the Superintendent who has the final discretion to waive requirements for Early Retirement Benefits. Committee members shall maintain confidentiality regarding any discussion of requests.

Early Retirement Benefits. 1. Leave may accumulate to a maximum of one hundred eighty (180) days only for the purpose of calculating the early retirement benefits. Accumulation in excess of fifty (50) days is not available as paid leave, except on a limited basis as described above in Section A, subsection 5 of this article, but is used to determine a teacher’s eligibility for early retirement and to calculate the annual benefit. 2. To qualify for early retirement benefits from the District, all of the following conditions must be met: a. A minimum of fifteen (15) years of continuous full-time District employment. b. At least sixty (60) days of accumulated leave (total both useable and unusable). c. A completed application for early retirement has been received by the Superintendent by May 10th. d. Eligibility ends when the retiree reaches Medicare Eligibility age. e. No payment under this program shall be made prior to retirement under the provisions of the Kansas Public Employees Retirement Systemsystem. 3. Early retirement benefits shall be payable for a maximum of five (5) years. They shall terminate upon the death of the early retiree or when the retiree reaches Medicare Eligibility age (whichever occurs first). The benefit shall be calculated as follows: a. If the total accumulated leave days are in the range of 61-100, then the Board will continue to contribute the amount currently paid to certified/licensed employees per month toward the health insurance premium for employees who chose to remain in the Districts’ health insurance group plus $25 per day for each day of leave above 60. b. For each additional day of total accumulated leave in the range of 101-150, the retiring employee’s annual benefit will increase to $50. c. For each additional day of total accumulated leave in the range of 151-180, the retiring employee’s annual benefit will increase to $75. 4. Requests for a waiver of any of the qualifications of early retirement benefits, including accumulated leave, fifteen (15) years of continuous full-time District employment, or an application for early retirement not received by May 10th will be considered by the Review Committee. The Review Committee will consist of three members: one (1) administrator appointed by the Superintendent and two (2) teachers who are JCEA members. The Review Committee will forward its recommendation(s) to the Superintendent who has the final discretion to waive requirements for Early Retirement Benefits. Committee members shall maintain confidentiality regarding any discussion of requests.

Early Retirement Benefits. 1. Leave may accumulate to a maximum of one hundred eighty (180) days only for the purpose of calculating the early retirement benefits. Accumulation in excess of fifty (50) days is not available as paid leave, except on a limited basis as described above in Section A, subsection 5 of this article, but is used to determine a teacher’s eligibility for early retirement and to calculate the annual benefit. 2. To qualify for early retirement benefits from the Districtdistrict, all of the following conditions must be met: a. A minimum of fifteen (15) years of continuous full-time District district employment. b. At least sixty (60) days of accumulated leave (total both useable and unusable). c. A completed Completed application for early retirement has been received by the Superintendent by May 10th. d. Eligibility ends when the retiree reaches Medicare Eligibility age. e. No payment under this program shall be made prior to retirement under the provisions of the Kansas Public Employees Retirement Systemsystem. 3. Early retirement benefits shall be payable for a maximum of five (5) years. They years and shall terminate upon the death of the early retiree or when the retiree reaches Medicare Eligibility age (whichever occurs first). The benefit shall be calculated as follows: a. If the total accumulated leave days are in the range of 61-100, then the Board will continue to contribute the amount currently paid to certified/licensed employees per month toward the health insurance premium for employees who chose to remain in the Districtsdistricts’ health insurance group plus $25 per day for each day of leave above 60. b. For each additional day of total accumulated leave in the range of for 101-150, the retiring employee’s annual benefit will increase to $50. c. For each additional day of total accumulated leave in the range of from 151-180, the retiring employee’s annual benefit will increase to $75. 4. Requests for a waiver of any of the qualifications of early retirement benefits, including accumulated leave, fifteen (15) years of continuous full-time District district employment, or an application for early retirement not received by May 10th will be considered by the Review Committee. The Review Committee will consist of three members: one (1) administrator appointed by the Superintendent and two (2) teachers who are JCEA members. The Review Committee will forward its recommendation(s) to the Superintendent who has the final discretion to waive requirements for Early Retirement Benefits. Committee members shall maintain confidentiality regarding any discussion of requests.

Early Retirement Benefits. 1. Leave may accumulate to a maximum of one hundred eighty (180) days only for the purpose of calculating the early retirement benefits. Accumulation in excess of fifty (50) days is not available as paid leave, except on a limited basis as described above in Section A, subsection 5 of this article, but is used to determine a teacher’s eligibility for early retirement and to calculate the annual benefit. 2. To qualify for early retirement benefits from the Districtdistrict, all of the following conditions must be met: a. A minimum of fifteen (15) years of continuous full-time District district employment. b. At least sixty (60) days of accumulated leave (total both useable and unusable). c. A completed Completed application for early retirement has been received by the Superintendent by May 10th. d. Eligibility ends when the retiree reaches Medicare Eligibility age. e. No payment under this program shall be made prior to retirement under the provisions of the Kansas Public Employees Retirement Systemsystem. 3. Early retirement benefits shall be payable for a maximum of five (5) years. They shall terminate upon the death of the early retiree or when the retiree reaches Medicare Eligibility age (whichever occurs first). The benefit shall be calculated as follows: a. If the total accumulated leave days are in the range of 61-100, then the Board will continue to contribute the amount currently paid to certified/licensed employees per month toward the health insurance premium for employees who chose to remain in the Districtsdistricts’ health insurance group plus $25 per day for each day of leave above 60. b. For each additional day of total accumulated leave in the range of 101-150, the retiring employee’s annual benefit will increase to $50. c. For each additional day of total accumulated leave in the range of 151-180, the retiring employee’s annual benefit will increase to $75. 4. Requests for a waiver of any of the qualifications of early retirement benefits, including accumulated leave, fifteen (15) years of continuous full-time District district employment, or an application for early retirement not received by May 10th will be considered by the Review Committee. The Review Committee will consist of three members: one (1) administrator appointed by the Superintendent and two (2) teachers who are JCEA members. The Review Committee will forward its recommendation(s) to the Superintendent who has the final discretion to waive requirements for Early Retirement Benefits. Committee members shall maintain confidentiality regarding any discussion of requests.

Early Retirement Benefits. 1. Leave may accumulate to a maximum of one hundred eighty (180) days only for the purpose of calculating the early retirement benefits. Accumulation in excess of fifty (50) days is not available as paid leave, except on a limited basis as described above in Section A, subsection 5 of this article, but is used to determine a teacher’s eligibility for early retirement and to calculate the annual benefit. 2. To qualify for early retirement benefits from the Districtdistrict, all of the following conditions must be met: a. : A minimum of fifteen (15) years of continuous full-time District district employment. b. . At least sixty (60) days of accumulated leave (total both useable and unusable). c. A completed . Completed application for early retirement has been received by the Superintendent by May 10th. d. . Eligibility ends when the retiree reaches Medicare Eligibility age. e. . No payment under this program shall be made prior to retirement under the provisions of the Kansas Public Employees Retirement System. 3system. Early retirement benefits shall be payable for a maximum of five (5) years. They years and shall terminate upon the death of the early retiree or when the retiree reaches Medicare Eligibility age (whichever occurs first). The benefit shall be calculated as follows: a. : If the total accumulated leave days are in the range of 61-100, then the Board will continue to contribute the amount currently paid to certified/licensed employees per month toward the health insurance premium for employees who chose to remain in the Districtsdistricts’ health insurance group plus $25 per day for each day of leave above 60. b. . For each additional day of total accumulated leave in the range of for 101-150, the retiring employee’s annual benefit will increase to $50. c. . For each additional day of total accumulated leave in the range of from 151-180, the retiring employee’s annual benefit will increase to $75. 4. Requests for a waiver of any of the qualifications of early retirement benefits, including accumulated leave, fifteen (15) years of continuous full-time District district employment, or an application for early retirement not received by May 10th will be considered by the Review Committee. The Review Committee will consist of three members: one (1) administrator appointed by the Superintendent and two (2) teachers who are JCEA members. The Review Committee will forward its recommendation(s) to the Superintendent who has the final discretion to waive requirements for Early Retirement Benefits. Committee members shall maintain confidentiality regarding any discussion of requests.

Early Retirement Benefits. 1. Leave may accumulate to a maximum of one hundred eighty (180) days only for the purpose of calculating the early retirement benefits. Accumulation in excess of fifty (50) days is not available as paid leave, except on a limited basis as described above in Section A, subsection 5 6 of this article, but is used to determine a teacher’s eligibility for early retirement and to calculate the annual benefit. 2. To qualify for early retirement benefits from the Districtdistrict, all of the following conditions must be met: a. A minimum of fifteen (15) years of continuous full-time District district employment. b. At least sixty (60) days of accumulated leave (total both useable and unusable). c. A completed application for early retirement has been received by the Superintendent by May 10th. d. Eligibility ends when the retiree reaches Medicare Eligibility age. e. No payment under this program shall be made prior to retirement under the provisions of the Kansas Public Employees Retirement System.system 3. Early retirement benefits shall be payable for a maximum of five (5) years. They years and shall terminate upon the death of the early retiree or when the retiree reaches Medicare Eligibility age (whichever occurs first). The annual benefit shall be calculated as follows: a. If the total accumulated leave days are in the range of 61-100, then the Board will continue to contribute the amount currently paid to certified/licensed employees per month toward the health insurance premium for employees who chose to remain in the Districtsdistricts’ health insurance group plus $25 per day for each day of leave above 60. b. For each additional day of total accumulated leave in the range of 101-for 101- 150, the retiring employee’s annual benefit will increase to $50. c. For each additional day of total accumulated leave in the range of from 151-180, the retiring employee’s annual benefit will increase to $75. 4. Requests for a waiver of any of the qualifications of early retirement benefits, including accumulated leave, fifteen (15) years of continuous full-time District district employment, or an application for early retirement not received by May 10th will be considered by the Review Committee. The Review Committee will consist of three members: one (1) administrator appointed by the Superintendent and two (2) teachers who are JCEA members. The Review Committee will forward its recommendation(s) to the Superintendent who has the final discretion to waive requirements for Early Retirement Benefits. Committee members shall maintain confidentiality regarding any discussion of requests.