Common use of Early Retirement Bonus Clause in Contracts

Early Retirement Bonus. Permanent unit members who are not eligible for benefits under section 21.4, and who notify the District of their intent to resign/retire at least 120 calendar days prior to the date of resignation/retirement, shall receive a $1000.00 bonus.

Early Retirement Bonus. Permanent unit members who are not eligible for benefits under section 21.422.4, and who notify the District of their intent to resign/retire at least 120 calendar days prior to the date of resignation/retirement, shall receive a $1000.00 300.00 bonus.