EARLY RETIREMENT INCENTIVE PLAN. 1. The Board will pay an allowance to continuing contract teachers who retire from teaching in the District under the Teachers' Pension Plan, before reaching age sixty (60), subject to the following conditions: The teacher must:
EARLY RETIREMENT INCENTIVE PLAN. 1. Teachers must meet requirements for retirement as established by the Michigan Public School Employees Retirement System.
EARLY RETIREMENT INCENTIVE PLAN. The Board shall maintain an early retirement incentive plan for teachers in board policy.
EARLY RETIREMENT INCENTIVE PLAN a. Provided the terms of the applicable benefit plans permit, the Employer will pay one hundred percent (100%) of the premium coverage on the following benefit plans for a period of one (1) year subsequent to the early retirement of the individual: i. medical ii. dental iii. extended health benefits
EARLY RETIREMENT INCENTIVE PLAN. 1. The College may offer to any employee the choice of an early retirement incentive provided the employee meets the retirement criteria established under the Municipal Pension Act:
EARLY RETIREMENT INCENTIVE PLAN a) The Board may grant an early retirement incentive(s) at any time it deems it appropriate to Teachers with a minimum of fifteen (15) years seniority.
EARLY RETIREMENT INCENTIVE PLAN. 16:18.1 The Board will pay an allowance to regular or school-term employees who resign from the School District before reaching age 64, subject to the following conditions: The employee must: - have been actively at work on a regular and continuing basis for the previous twelve (12) month period, - be age 55 or over, - have completed ten (10) years of service in this District, - submit an application to the Human Resources Department no later than June 30 in the year in which they wish to retire, - retire from employment in this District prior to his/her 64th birthday.
EARLY RETIREMENT INCENTIVE PLAN. 27.1 Subject to the approval of the Ministry of Education, the Board will pay a retirement gratuity to employees retiring before age 65 under the following terms and conditions.
EARLY RETIREMENT INCENTIVE PLAN. 1. The Board may, to the extent of monies available for this purpose in a given year, make payment of a retirement gratuity to a teacher who retires from the service of the District.
EARLY RETIREMENT INCENTIVE PLAN. Bargaining unit members who were initially hired prior to July 1, 2010, have completed fifteen (15) years of service in the Evergreen School District, and are between the ages of fifty-five (55) and sixty-five (65) shall be granted 100% health premium to age 65. Bargaining unit members who were initially hired on or after July 1, 2010, have completed fifteen (15) years of service in the Evergreen School District, and are between the ages of fifty-five (55) and sixty-five (65) shall be granted 100% health premium for a maximum of sixty (60) months.
