EARLY RETIREMENT INCENTIVE POLICY. The early retirement incentive plan shall be the only retirement incentive plan in effect for eligible employees covered by the Police and Firemen’s Disability and Pension Fund. Participation in the Plan shall be available to 5% of the eligible employees covered by this contract who are members of the Police and Firemen’s Disability and Pension Fund. Participation eligibility shall be based on total service credit in the Police and Firemen’s Disability and Pension Fund pursuant to applicable service credit provisions of O.R.C. Chapter 742. Persons with more service credit as calculated under O.R.C. Chapter 742 shall have right to participate before employees having less service credit in the system.
Appears in 4 contracts
Samples: Article 1 Agreement, Article 1 Agreement, Article 1 Agreement
