Common use of EARLY RETIREMENT INCENTIVE PLAN – BUYOUT Clause in Contracts

EARLY RETIREMENT INCENTIVE PLAN – BUYOUT. The Board and the Association agree to annually review information for an Early Retirement Incentive Plan. If the parties determine that a savings to the district would be realized, the Early Retirement Incentive Plan may be implemented. The parties shall review information for one- year, two-year, and three-year buyout in determining maximum savings to the district.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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