Common use of Early Retirement Incentive Bonus Clause in Contracts

Early Retirement Incentive Bonus. The Board will pay an early retirement incentive bonus to employees who retire from the school district before reaching age sixty-five (65), subject to the following conditions: The employee must: a. be between the ages fifty-five (55) and sixty-four (64) inclusive; b. have ten (10) years of active service with the Board.

Appears in 8 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!